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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.

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

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Franchise Costs

Franchise Fee
$52,500
Initial Investment
$721,109 – $2,425,469
Royalty Rate
N/A
Brand Fund
N/A
Fixed Monthly Fees
$260 – $410

$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
$474,101
Median Gross Revenue
$425,946
EBITDA Margin
32%
Top Quartile Revenue
$605,042
Bottom Quartile Revenue
$343,161
Average EBITDA
$150,178

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

Avg. Revenue: $474,101

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PHENIX SALON SUITES Franchise Analysis

Imagine owning a slice of the booming beauty industry without chasing rent from flaky stylists or scrubbing toilets: Phenix Salon Suites flips the script by leasing luxury, soundproof suites to independent pros who run their own shows. Franchising since 2010 from Las Vegas, this model taps into pros craving autonomy amid salon drama. Item 19 drops revenue stats that hint at solid cash flow potential, yet a quirky margin figure raises eyebrows—but does it signal steady passive income or hidden hurdles?

Financials from the 2025 FDD paint a high-entry picture: initial investment spans $721,109 to $2,425,469, kicked off by a $52,500 franchise fee, per Item 7. Ongoing fees bite at $0.34 per sq ft royalty plus $0.06 national brand, ~$200/mo for Gina’s Platform, and $50-$150/mo Suitest News. Item 19 shines with average gross revenue of $474,101 and median $425,946 across units, but that 0% EBITDA margin suggests many operate near breakeven after expenses—ideal for scaling multiple locations rather than quick flips. Only 3 SBA loans average $710,500 reflect cautious lender interest.

System vitality shows 367 franchise locations plus 32 corporate, up 3% from 356 in 2023, with 33 projected new units and just 3 transfers signaling stability over explosive growth. This semi-absentee play suits investors eyeing beauty's $500B+ market, where suite rentals (105-200 sq ft) plus optional Phenix Salon Stores boost recurring revenue from pros maximizing their take-home. Buyers chasing 20%+ ROI might pivot elsewhere, but for diversified portfolios, these numbers whisper reliable mid-six-figure topsides if occupancy hums at 90%+.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

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)$237K – $581K$30K6.0%1,702
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
52 franchises
$413K – $743K$48K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 52 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

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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.

3 SBA loans on record

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Franchisee Contacts

228 franchisee contacts on file from official FDD filings.

228 Contacts Available

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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

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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.