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Trusted Investment: Why Phenix Franchisees Are Renewing

By October 30, 2024 No Comments
With 400 locations worldwide, our strong brand recognition provides stability and growth, granting franchisees a competitive edge.

At Phenix Salon Suites, our franchisees aren’t just opening locations— they’re building long-term investments. With 400 locations open worldwide, our strong brand recognition provides stability and growth, granting franchisees a competitive edge. This is why many franchise owners chose to renew their agreements and continue their partnership with Phenix.

Proven Business Model

Phenix offers a business model that stands the test of time, consistently delivering strong and reliable returns for franchisees. West Plano, Texas franchisee Ray Mallouk founded a marketing firm in 2002 that he is still very involved in. He values Phenix for the steady income it provides, allowing him to pursue other ventures while his location continues to thrive.

Mallouk highlights the value of having an on-site manager, a recommendation from Phenix that makes the model even more hands-off. “I like the flexibility Phenix offers. I’m thankful to have a great on-site manager in Aleczandria Alvarado to handle day-to-day operations, allowing me to focus on my main pursuits while the business still grows.”

With an average occupancy rate of 96% in the top 50% of locations, Phenix’s model helps both franchisees and beauty professionals achieve the entrepreneurial success they want. Breaking down the salon suite franchise concept, individual suites are leased to individual lifestyle professionals to provide them the opportunity to operate their own business. For many franchisees, helping other entrepreneurs with their dreams is a major pull to the industry. Our Phenix franchisees, however, are not alone in this.

Comprehensive Support System

We pride ourselves at Phenix Salon Suites on providing extensive guidance throughout every stage of franchise ownership. From site selection to marketing, and operational training to ongoing business consultations, we ensure our franchisees have the tools and resources needed for success. With Phenix’s dedicated support team, owners can trust that they’re never alone on their business journey.

Multi-unit franchisees Andrew and Betsy Owens, who own eight Phenix locations throughout Florida, acknowledge that the extensive resources available at Phenix have helped them successfully manage their locations. In addition to their successful construction firm, the husband-and-wife team appreciates the entrepreneurial spirit that Phenix fosters among their franchisees and lifestyle professionals. The 360-degree support system allows franchisees to focus on growing their portfolio. Phenix’s operational model is designed to streamline daily management, so franchisees can concentrate on long-term strategies or their other business interests.

Flexibility and Scalability

The freedom that Phenix offers is another major draw for franchisees looking to expand or renew their agreements. The semi-absentee ownership model allows franchisees like Mallouk and the Owens family to pursue multiple ventures so that franchisees can expand their portfolio with minimal disruption to their other pursuits.

Phenix’s model offers a streamlined pathway for expansion, allowing franchisees to manage multiple locations with relative ease. This adaptability is particularly attractive to entrepreneurs who are already juggling multiple businesses or careers. With reliable support systems in place and a proven track record of success, Phenix franchisees can confidently reinvest and grow.

Interested in learning more? Complete our inquiry form today!