Phenix Salon Suites Franchising LLC
#138 Franchise 500| Salon suites

Phenix Salon Suites Franchising LLC
Salon suites

About
Founded

2007

Franchising Since

2010 (10 Years)

Corporate Address

1084 N. El Camino Real, #B427
Encinitas, CA 92024

Leadership

Jason Rivera, CEO

Financial Requirements
Initial Investment

$308,130 - $1,387,420

Net-worth Requirement

$750,000

Liquid Cash Requirement

$250,000

Ongoing Fees
Initial Franchise Fee

$49,500 - $49,500

Ongoing Royalty Fee

$0.30/sq. ft./mo.

Ad Royalty Fee

$0.06/sq. ft./mo.

Financing Options

Phenix Salon Suites Franchising LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

$19,500 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

8-10 hours

Classroom Training:

19 hours

Additional Training:

As needed

Absentee Ownership Allowed
Number of Employees Required to Run:

1

Phenix Salon Suites Franchising LLC is ranked #138 in the Franchise 500!
Bio
Gina Rivera's family has been involved in the salon industry for over 75 years, and she continued the tradition by becoming a licensed hair dresser. In 2007, they opened Phenix Salon Suites (named for their son Phenix,) in order to offer salon professionals an alternative to either renting a booth in an existing salon or dealing with the challenges of owning their own salon. Franchising began in 2010. Phenix franchisees offer month-to-month leasing of suites for hair stylists, nail technicians and other salon professionals to run their businesses out of.
Cost
Initial Investment: Low - $308,130 High - $1,387,420
Units
+8.7%+20 UNITS (1 Year) +58.2%+92 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Australia/New Zealand, Canada, Central America, Europe (Eastern), Middle East, South America, Europe (Western)

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 28th, 2020