Phenix Salon Suites Inks Agreement with Existing Franchisees to Develop Eight Locations in California and Florida

Phenix Salon Suites inks a multi-unit agreement with existing franchisees Rick Day, Robert Aertker, and Scott Vencill to develop eight locations in California and Florida.

Read the original at Franchising.com
Phenix Salon Suites Inks Agreement with Existing Franchisees to Develop Eight Locations in California and Florida

TL;DR

Phenix Salon Suites has signed a multi-unit agreement with existing franchisees Rick Day, Robert Aertker, and Scott Vencill to develop eight locations in California and Florida. The brand is pushing forward on a positive growth trajectory, exceeding growth expectations in 2022 with a goal to sign another 40 franchise agreements before the end of the year.

Day and Aertker opened their first Phenix location in 2015 and have continually expanded their footprint to now have eight salon suites open in Southern California. They recently joined forces with Vencill, another esteemed entrepreneur, to open their two most recent locations in Santa Barbara and Sherman Oaks. Together, the trio has a desire to grow even further with Phenix and will develop another eight locations, expanding into Florida and farther into California. They plan to open their next location in Sarasota in the near future.

“Since opening our first location in 2015, we have been dedicated to growing alongside the Phenix brand,” said Day. “We remain very bullish on the salon suites concept and are impressed with how Phenix’s corporate team has grown the brand, further developed its management team and enhanced the resources available for franchisees. Phenix continues to be a compelling investment for us, and we’re looking forward to expanding our ownership into a new state in the coming months.”

Phenix Salon Suites is pushing forward on a positive growth trajectory, both domestically and abroad. Solidifying its stellar reputation as one of Entrepreneur’s Fastest Growing Franchises for the eighth year in a row, the brand is exceeding growth expectations already in 2022 with a goal to sign another 40 franchise agreements before the end of the year.

“We always enjoy the opportunity to grow with existing franchisees and are thrilled to see Rick, Robert and Scott double their location count with this latest signed agreement,” said Gina Rivera, founder of Phenix Salon Suites. “California and Florida are strong growth markets for us and we’ve signed a number of franchise agreements in these states to start the year, including this trio’s multi-unit deal. This entrepreneurial development team has an undeniable track record with Phenix and we’re eager to see them continue to thrive with these new locations.”

Phenix Salon Suites was one of the first salon suite concepts to offer luxurious, spacious suites for independent salon and lifestyle professionals to rent on a month-to-month basis and become their own boss. The suites are equipped with upscale amenities including a styling chair, shampoo chair, two cabinets, a hair dryer and a shampoo bowl that hooks directly onto the sink. The salon essentials are designed to meet each professional’s basic needs while providing them the opportunity to customize their suites, set their own hours, and operate their businesses as sole proprietors.

In the United States, Phenix Salon Suites has its sights set on expanding in Houston, Chicago, Columbus, Detroit, Boston, Upstate New York and New York City. Phenix also has room to grow in Washington, Oregon, Louisiana, Mississippi, Alabama, and Northern California.

While no salon experience is necessary, the most successful franchisees have working knowledge of commercial real estate, general business experience, and are well-capitalized with the ability to invest $500,000 or more. Financing is available through our lending partners.

The California-based salon suite franchise is a salon suite rental concept that offers an opportunity for salon and lifestyle professionals to operate their own business in a private salon suite within a larger, well-located salon. Phenix Salon Suites does not sell haircuts. The brand licenses individualized suites so professionals can service their clients in a safe and secure environment.

Founded in 2007 by beauty expert and celebrity hairstylist Gina Rivera, who has family roots in the industry dating back to 1929, the Phenix suites concept has reinvented the salon industry. The company began franchising in 2012 and today has more than 330 salons across 33 states with continued plans to expand internationally. Recognized 8 years in a row on Entrepreneur’s Franchise Top 500 list, Phenix Salon Suites is acknowledged as an industry leader with franchise opportunities available in a number of key markets throughout the United States.

Phenix Salon Suites is awarding our scalable, semi-absentee opportunity to motivated entrepreneurs. With no salon experience required, franchisees earn reliable revenue from leasing customizable suites to salon and lifestyle professionals.

In this story

This story was originally published in Franchising.com on May 27, 2022. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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