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

CEO

Jason Rivera

Financial Requirements
Initial Investment

$330,925 - $1,380,550

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./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

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 #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 - $330,925 High - $1,380,550
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: Canada, Western Europe
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Australian Trampoline Park to Invest INR 150-200 Crore Across India

Witnessing a small venture become hugely successful and garnering good numbers in terms of revenue within 365 days of its operation is a rare scenario, and indoor trampoline park Bounce Inc is moving on those footsteps

5 Things Franchise Owners Should Know About the New Department of Labor Rule on 'Joint Employment'

The Trump administration's new rule will change what qualifies as joint employment.

The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500

These 20 franchises start the new decade atop our Franchise 500 list.

Mark Wahlberg's Secret to Becoming More Disciplined

The actor and entrepreneur's greatest business asset is his own diligence.

Franchise 500: Our Definitive Ranking of 2020's Strongest Franchises

Get to know the year's top trends, toughest brands, and explore what might be your best opportunity.

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: December 11th, 2019

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.