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

About
Founded

2007

Franchising Since

2010 (9 Years)

Corporate Address

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

CEO

Jason Rivera

Financial Requirements
Initial Investment ⓘ

$300,425 - $983,050

Net-worth Requirement ⓘ

$750,000

Liquid Cash Requirement ⓘ

$250,000

Ongoing Fees
Initial Franchise Fee ⓘ

$45,500 - $45,500

Ongoing Royalty Fee

$0.26/sq. ft.

Ad Royalty Fee

$0.06/sq. ft.

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

20% 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

On-The-Job Training:

13 hours

Classroom Training:

15 hours

Absentee Ownership Allowed
Phenix Salon Suites Franchising LLC is ranked #197 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 - $300,425 High - $983,050
Units
+13.9%+28 UNITS (1 Year) +50.3%+77 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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 29th, 2018
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