PHENIX SALON SUITES

PHENIX SALON SUITES

Phenix Salon Suites franchises develop and manage luxury salon suite facilities, licensing fully equipped individual suites to independent salon professionals, hair stylists, and other beauty business operators under the Phenix Salon Suites brand. This business model allows professionals to operate independently without handling facility maintenance, maximizing their revenues in acoustically private, customizable spaces typically ranging from 105-200 square feet. Franchisees may also operate a Phenix Salon Store selling proprietary and private label beauty products, targeting salon professionals seeking ownership and income optimization in a competitive market.

367
Locations
$721K–$2425K
Investment
Since 2010
Franchising
ServicesLas Vegas, NVPhenix 1929 Holding LLCphenixsalonsuites.comDisclaimer

Franchise Costs


Franchise Fee
$52,500
Item 5 of FDD
Initial Investment Range
$721,109 $2,425,469
Low: $721,109High: $2,425,469
Item 7 of FDD
Royalty Rate
N/A
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$260 – $410
Item 6 of FDD

$0.34 per sq ft royalty + $0.06 per sq ft national brand fee + ~$200/mo Gina’s Platform + $50-$150/mo Suitest News Publication

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
EBITDA Margin
0%
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average EBITDA
$0

Data Based On: 134 franchised locations that responded to our request for information with respect to gross revenues and adjusted EBITDA (the “Disclosed Financial Locations") for fiscal year ended December 31, 2024.

* Revenue top/bottom quartile use 'Average of top 50%' and 'Average of bottom 50%' respectively from Chart 1, as quartile-specific averages (top/bottom 25%) were not provided. EBITDA margin calculated as average_ebitda ($150,178) / average_gross_revenue ($474,101).

Extracted Item 19 Section

How PHENIX SALON SUITES Compares


Key Insights

  • Higher investment than 90% of Beauty & Spa Services franchises
  • Top 10 largest franchise system in Beauty & Spa Services
  • One of the lowest SBA loan default rates in Beauty & Spa Services
FranchiseInvestmentFeeRoyaltyLocations
PHENIX SALON SUITES
Current
$721K – $2.4M$53KN/A367
SPORTS CLIPS (SINGLE UNIT)$289K – $475K$30K6.0%1,754
SUPERCUTS$186K – $323K$40K6.0%1,701
DaVi Nails and Em Lash Studio$61K – $144K$65KN/A400
PALM BEACH TAN$648K – $1.1M$30K6.0%397
DAVI NAILS$57K – $125K$65K0.0%387
Beauty & Spa Services Average
49 franchises
$411K – $755K$48K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 49 Beauty & Spa Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
78
2FL
43
3TX
37
4NY
22
5NJ
21
6MD
20
7GA
19
8VA
17
9CO
14
10IL
11
11AL
10
12NC
9
13TN
6
14AZ
6
15OH
5

+18 more states

SBA Loan History


Historical SBA 7(a) loan data for PHENIX SALON SUITES franchisees (20142018)

Total Loans
3
Average Loan
$710,500
Total Volume
$2.1M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


228 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

228 Contacts Available

Unlock all PHENIX SALON SUITES franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
12
Ceased Ops
2
Transfers
3
Sold to Franchisees
0
Projected New
33

Frequently Asked Questions


The total initial investment to open a PHENIX SALON SUITES franchise ranges from $721,109 to $2,425,469. This includes a franchise fee of $52,500.

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