Phenix Salon Suites, has revolutionized the beauty salon industry with a shared workspace concept. Created one of the fastest growing franchise opportunities in the US.
Watch for details.
Key Points:
- Franchise – Shared Workplaces for the health & beauty salon industry
- Business Focus – Property Management
- Market Size – $41 billion domestically
- Salon Market Growth– Annual growth – 2.5%
- Shared Workspace Market Growth– Annual growth: 10% – 15%
- Sustainability – Health, Beauty & Wellness
- Locations – Over 250 Phenix Salon Suites in operation
- Low overhead and inventory
- Limited staff
- Semi – Absentee model
- Flexible hours
- Simple Buildout
- No salon or property management experience needed
- Franchise opportunities available nationwide
Salon Tenants – Industry Sectors
- Hair Stylists and colorists
- Nails, brows & waxing
- Dental whitening
- Acupuncture
- Tanning
- Cosmetics including Botox
- Tattoo Artists
- Chiropractors
- Massage Therapists
- And many more
Support
Phenix Salon Suites provide their franchisees comprehensive support:
- Help find locations for new facilities and leasing
- Assist in securing construction financing
- Assist in finding tenants
- Dedicated business and technology systems
- Ongoing training opportunities to help with retention
- 31 Point marketing program
- Ongoing operational support
This is a great business for immigrant entrepreneurs, both for those looking for a passive investment, and for those looking for significant growth opportunities.
WATCH Phenix Salon Suites on UNDERCOVER BOSS
Financial Requirements
Total Investment $300 K – $1.38 MM
• Franchise Fee: $45,500 for initial unit
• Royalty Fee: 26 cents per square foot
• Ad Fee: 6 cents per square foot
• Minimum Net Worth: $1 Million
• Liquid Capital: Minimum $300,000
Find Out More
Talk to us – 719-785-4858
Watch More – Phenix Salon Suites – Franchisees
