1851

LAST UPDATED: August 11, 2023 FRANCHISE WEBSITE:<a href="https://phenixsalonsuitesfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">&nbsp;https://phenixsalonsuitesfranchising.com/</a> NUMBER OF LOCATIONS:&nbsp;400+ REPORTED COST TO GET IN:&nbsp;$710,467 to $1,198,282 REPORTED ROI (Item 19):&nbsp;$207K (Average EBITDA)<a href="https://phenixsalonsuitesfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Phenix Salon Suites</a> is a franchised salon suite rental concept that provides individual salon and lifestyle professionals with their very own private and fully equipped suites within a shared space.Phenix Salon Suites was founded in 2007 by&nbsp;<a href="https://phenixsalonsuites.com/our-story/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Gina Rivera</a>, who has become a well-known name in the beauty industry. Rivera gained significant notoriety after she appeared on a 2014 episode of<a href="https://vimeo.com/241085990?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow"> “Undercover Boss</a>.”As a result of its offerings, Phenix Salon Suites has been recognized on Entrepreneur magazine's list of fastest-growing franchises for eight years in a row.<h2>How Many Phenix Salon Suites Locations Are There?</h2>As of August 2023, there are over 400 Phenix Salon Suite locations open and in development. The brand has open locations in more than 32 states and is currently offering new franchise opportunities throughout the country.Phenix Salon Suites also recently opened its first location in the United Kingdom, and is looking to expand in Canada, Sweden and Ireland.<h2>What Is Phenix Salon Suites’ Business Model?</h2>Phenix Salon Suites’ business model is focused on offering independent beauty and wellness professionals with the opportunity to lease private and fully equipped salon suites within a shared facility. Hair stylists, estheticians, massage therapists and tattoo artists then rent these suites to run their own businesses.Each renter has the freedom to personalize their suite and operate independently, allowing them to control their own schedules and pricing.Additionally, for prospective franchise owners, the brand does not require its operators to have prior salon experience but says most of its franchisees come from a business background and are looking for passive income.According to the brand, some of the benefits of owning a Phenix Salon Suite are as follows:<ul><li>National brand recognition with 330-plus locations</li><li>95% average occupancy rates and a recession-resilient business model</li><li>600% increase in the demand from lifestyle professionals over the last two years</li><li>Innovative technology designed to propel lifestyle professionals’ interest in renting with Phenix with a&nbsp;<a href="https://phenixsalonsuites.com/ginas-platform-overview/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">proprietary app</a> created by the founder and industry experts</li></ul><h2>How Much Can Phenix Salon Suites Franchise Owners Make?</h2>According to the brand’s consumer-facing website, the net profit for a salon suite depends on size, location and population. Phenix Salon Suites said in 2021 that the top 50% of its franchisees saw earnings before interest, taxes, depreciation and amortization of $207K while the highest reports were $522K.<h2>How Much Does It Cost To Open a Phenix Salon Suites?</h2>The initial investment required to open a Phenix Salon Suites franchise ranges between $710,467 to $1,198,282. Interested candidates must also have at least $300K in liquid capital and a minimum net worth of $1 million.<h2>What Is the Franchise Fee for a Phenix Salon Suites?</h2>The franchise fee required to open a Phenix Salon Suites is $52,500.<h2>Who’s On Phenix Salon Suites' Leadership Team?</h2><ul><li><a href="https://phenixsalonsuites.com/gina-rivera-beauty-icon/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Gina Rivera — Founder</a></li><li><a href="https://www.linkedin.com/in/jason-rivera-354550179/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Jason Rivera — Chief Executive Officer</a></li><li><a href="https://phenixsalonsuites.com/meet-your-phenix-team-jerry-griffith-chief-operating-officer-phenix-salon-suites/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Jerry Griffith — Senior Vice President, COO</a></li><li><a href="https://www.linkedin.com/in/brian-kelley-a894b213/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Brian Kelley — President</a></li></ul><h2>What Helpful Articles Can I Read to Learn More About Phenix Salon Suites?</h2><ul><li><a href="https://www.prnewswire.com/news-releases/phenix-salon-suites-franchising-llc-is-partnering-with-ll-cool-j-301323433.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Phenix Salon Suites Franchising LLC is Partnering With LL COOL J</a></li><li><a href="https://www.global-franchise.com/news/phenix-salon-suites-expands-socal-footprint-with-multi-unit-deal?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Phenix Salon Suites expands SoCal footprint with multi-unit deal</a></li><li><a href="https://phenixsalonsuitesfranchising.com/phenix-salon-suites-surging-demand-of-salon-professionals/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Embracing The Suite Revolution: How Phenix Salon Suites is Meeting The Surging Demand of Salon Professionals</a></li><li><a href="https://www.youtube.com/@phenixsalonsuitesfranchise1633?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Phenix Salon Suites Franchise YouTube</a></li><li><a href="https://www.youtube.com/watch?v=x-YvXWhpofg&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data-2723432" target="_blank" rel="nofollow">Virtual Tour of Phenix Salon Suites</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.&nbsp;&nbsp; &nbsp;

Franchise Deep Dive: Phenix Salon Suites' Franchise Costs, Fees, Profit and Data

1851 Franchise

Phenix Salon Suites has become one of the fastest-growing salon suite franchises since its inception over 15 years ago and is offering franchise opportunities across the globe.

franchise-deep-dive-phenix-salon-suites-franchise-costs-fees-profit-and-data

Melting Pot

photo of an iphone showing a melting pot tiktok ad

How Melting Pot’s Digital Innovation Drives Franchisee Success

how-melting-pots-digital-innovation-drives-franchisee-success

Senior Care Authority

Why Senior Care Authority Is a Great Franchise Option for a Family Business

why-senior-care-authority-is-a-great-franchise-option-for-a-family-business

Children's Lighthouse

How To Get Financed To Open a Children’s Lighthouse Franchise

how-to-get-financed-to-open-a-childrens-lighthouse-franchise

Beansquad

How BeanSquad Transforms Franchise Financial Management for The UPS Store Operators

how-beansquad-transforms-franchise-financial-management-for-the-ups-store-operators

Layne's Chicken Fingers

Former Landscaping Entrepreneur Finds New Passion in Growing With Layne’s Chicken Fingers Franchise

former-landscaping-entrepreneur-finds-new-passion-in-growing-with-laynes-chicken-fingers-franchise

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

Login

facebook

instagram

twitter

linkedin

youtube

Proposed Tariffs on Mexico, Canada and China Could Reshape U.S. Franchising Landscape

proposed-tariffs-on-mexico-canada-and-china-could-reshape-us-franchising-landscape

DeepSeek - Is DeepSeek Coming for Your Franchise? - Editorial - 1851 Franchise

Editorial: Is DeepSeek Coming for Your Franchise? 

is-deepseek-coming-for-your-franchise

1851 Agg - Empower Brands 6 Franchises Named to FBR's 2025 Top Franchises List - 1851 Franchise

Empower Brands Celebrates Six Franchises Named to Franchise Business Review’s 2025 Top Franchises List

empower-brands-celebrates-six-franchises-named-to-franchise-business-reviews-2025-top-franchises-list

DOJ FTC Antitrust Guidelines - Franchise News - 1851 Franchise

DOJ and FTC Issue New Antitrust Guidelines with Implications for Franchising

doj-and-ftc-issue-new-antitrust-guidelines-with-implications-for-franchising

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

 District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

Franchise Deep Dive: The UPS Store Franchise Costs, Fees, Profit, and Data

franchise-deep-dive-the-ups-store-franchise-costs-fees-profit-and-data

CIO Brian Shultz Reflects on His Franchising Journey and Leadership at Cruise Planners - 1851

CIO Brian Shultz Reflects on His Franchising Journey and Leadership at Cruise Planners

cio-brian-shultz-reflects-on-his-franchising-journey-and-leadership-at-cruise-planners

Trua Senior Living Locators CEO Discusses Franchising Success and a Clinical Approach to Senior Placement

trua-senior-living-locators-ceo-discusses-franchising-success-and-a-clinical-approach-to-senior-placement

Navy Supply Officer Purchases Right at Home Franchise in Virginia Beach 

navy-supply-officer-purchases-right-at-home-franchise-in-virginia-beach

Newlyweds Open Paris Baguette Franchise to Serve Up Fresh Baked Goods in Upper Dublin, Pennsylvania

Newlyweds Open Paris Baguette Franchise to Serve Up Fresh Baked Goods and Community Spirit in Upper Dublin, Pennsylvania

newlyweds-open-paris-baguette-franchise-to-serve-up-fresh-baked-goods-and-community-spirit-in-upper-dublin-pennsylvania

Lucas Hamm Brings Compassionate Care to Eagan, Minnesota with Right at Home Franchise

lucas-hamm-brings-compassionate-care-to-eagan-minnesota-with-right-at-home-franchise

The Toasted Yolk - 1851 Franchise Deep Dive - 2025

Toasted Yolk Café Franchise Costs, Fees, Profit and Data for 2025

toasted-yolk-cafe-franchise-costs-fees-profit-and-data

Franchise Deep Dive: Phenix Salon Suites' Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS