Phenix Salon Suites

Description

Phenix Salon Suites is the fastest growing ‘Salon Suite’ concept in the US, and is currently ranked #25 by the Franchise 500® Entrepreneur Magazine. We are the highest rated Salon Suite / Studio concept on this list. Salon Professionals used to only have two choices to provide their services to customers. One was to work on a commission basis and take home about 40% of their earnings. The other option was to rent a booth from a salon owner, but still have to live by the owner’s rules and work on the owner’s hours. Phenix Salon Suites pioneered a new vision to give “Salon Ownership” to salon professionals by having them rent an independent full fledged salon suite for about the same cost as “Booth Rent”.

Financials :

Franchise fee :$ 85,000
Royalty : $.26 PSF
Total investment : $ 400,000 - $ 1,000,000
Founded : 2007
Franchised : 2012
Location : United States
Vetfran member : Yes
Sba approved : No
Can be home based : No
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