Make space for independent beauty businesses by leasing private suites to stylists and beauty pros.
Figures discussed in this episode come from Phenix Salon Suites’ FDD issued . FDDs are updated regularly, and figures may have changed.
Go deeper into Phenix Salon Suites’ story, their customer experience, and understand the disclosure behind the numbers.
Our financial and operating references come from this edition of Phenix Salon Suites’ FDD. For your own evaluation, request the current FDD from the franchisor.
Summaries from the brand background, customer materials, and dated FDD used for this episode.
Stylist Gina Rivera’s salon experience shaped Phenix Salon Suites. The brand’s account describes a family connection to the beauty industry and the first Phenix salon opening in 2007; the name comes from her son, Phenix.
Independent beauty and other professionals license equipped suites in a shared location. Each professional develops their own business, while the franchisee provides and manages the suite environment.
The franchise owner develops a location and relationships with independent professionals. Site, design, operating, and training resources support a business whose revenue comes from the suite-location model.
The FDD’s Item 7 gives an estimated initial investment of $721,109 to $1,420,469 (single location, after assumed landlord contributions). Before assumed landlord contributions, the disclosed range is $721,109 to $2,425,469. Size, buildout and negotiated allowances affect the budget.
The selected 2024 revenue table covers 134 reporting franchise locations from the eligible mature group, excluding locations opened in 2023 and 2024. Other tables use different respondent groups. Revenue, occupancy, and adjusted EBITDA should not be blended into an owner-income estimate.
Reported revenue comes before the costs of running the business and is not owner profit. Historical results do not predict what a new owner will achieve. Use the current FDD to explore the expenses and operating assumptions relevant to your plans.
Start with the story. Then bring informed questions to your next conversation.
This episode is for educational purposes only and is not an offer to sell a franchise, which can only be made through the franchisor’s FDD. It is not legal, financial or investment advice; review the current FDD with your own attorney and accountant. This episode is not sponsored or endorsed by Phenix Salon Suites. Franchise Roundtable profiles are developed with AI-assisted production and editorial review. Powered by FranchiseBrokers.com, which may receive compensation from franchisors. Full disclosures
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