We are happy to answer any questions you have about Phenix Salon Suites.
As innovators in the salon suites industry we’re always making news.
What is the cost of opening a Phenix Salon Suites franchise?
The total investment necessary to begin operation of a Phenix Salon Suites franchise ranges from $632,346 – $1,165,275.
How long does it take for an application to be pre-approved?
The application process usually takes one day once we receive our completed confidential application.
If we do not have a location, will you get one for us?
Though we make no guarantees on locations, Phenix Salon Suites has an experienced Real Estate Team that will assist you throughout the location selection process. They will help you select the site as well as negotiate the lease.
What is the monthly cost of the building for the suites?
Real estate costs depend on location, size, visibility, economic conditions, accessibility, competitive market conditions, and the type of ownership interest you are buying. Rent or purchase price is normally considerably higher in large metropolitan areas than in more suburban or small-town areas.
How much income will the suites generate? What is the ROI?
In accordance with FTC franchise law, we are unable to provide this information or any kind of assumption on this matter.
Do you provide training?
Yes. Phenix Salon Suites will provide initial training, ongoing training, and ongoing support for you and the salon professionals who lease from you.
Will I receive a website to support my store?
You will benefit from the Phenix Salon Suites National Consumer website as part of your monthly Marketing and Technology Fund Fee which also contains each franchisee’s individual microsite. The purpose of the National Consumer website is to establish and promote the Phenix Salon Suites brand to attract retail business for our franchisees. Visitors to the website will encounter the Franchisee Location Finder, allowing them to find the Phenix Salon Suites nearest to them. You will be provided your own individual, personalized location microsite for your franchise. You will be able to add information for each salon suite owner and they will also have access to make changes to their profiles.
What territories are available?
There are over 300 locations in the U.S. with international development ongoing. Check our available territories page for updated markets.
Do you have a National Marketing Fee?
Yes, we do. It is $.06/square foot (based upon the number of square feet at the approved location). We have the right to increase this to 3%.
Is there an additional unit fee?
For each additional unit developed the initial franchise fee is reduced from $52,500 to $40,500.