Phenix Salon Suites Franchising LLC
At a Glance
Products & Services: Salon suite rentals
Number of Locations: 5
Total Investment: $266.65K - 587K
Founded: 2007
Began Franchising: 2010
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 0 | 0 | 0 | 5 |
| 2010 | 0 | 0 | 0 | 3 |
| 2009 | N/A | N/A | N/A | 0 |
| 2008 | N/A | N/A | N/A | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $266,645 - $587,000
Franchise Fee: $30,000
Ongoing Royalty Fee: $449-649/mo.
Term of Franchise Agreement: 7 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: $449-649/mo.
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. Absentee ownership of franchise is allowed..| Financing Type | In-House | Third Party |
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| Equipment | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Regional advertising,
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