Phenix Salon Suites Welcomes New Ownership of Five Locations in The Greater Phoenix Area

Phenix Salon Suites welcomes new ownership of five locations in the Greater Phoenix Area, with plans to remodel and elevate the level of service offered.

Read the original at Franchising.com
Phenix Salon Suites Welcomes New Ownership of Five Locations in The Greater Phoenix Area

TL;DR

Phenix Salon Suites has welcomed new ownership of five locations in the Greater Phoenix Area, with plans to remodel and elevate the level of service offered. The brand has over 380 locations worldwide and is continuing to expand internationally.

These locations opened between 2015 and 2023 and were acquired from an existing franchisee in the area. The brand also has plans to remodel a handful of these facilities, elevating the level of service offered to Lifestyle Professionals throughout the greater Phoenix area.

“We’re thrilled to have the opportunity to continue building long-lasting and meaningful relationships with local Lifestyle Professionals throughout Phoenix,” said Peneschi. “At Phenix, our team is committed to ensuring the success of each individual location, whether it’s in a brand-new market or through the purchase of existing Phenix locations.”

Phenix Salon Suites is pushing forward on a positive growth trajectory, both domestically and abroad. In 2023 alone, Phenix opened 40 new locations, including its newest international space in Birmingham, UK, bringing the brand’s total number of salon facilities to over 380 worldwide. Solidifying its stellar reputation with recognition from Entrepreneur magazine’s 45th annual Franchise 500 list, Phenix Salon Suites was ranked for the 11th consecutive year among the top 100 national brands.

Phenix Salon Suites was one of the first salon suite concepts to offer luxurious, spacious suites for independent lifestyle professionals to become their own boss under a very flexible month-to-month agreement. The suites are equipped with upscale amenities including a styling chair, shampoo chair, storage cabinet, a hair dryer, styling cart, and a shampoo bowl. 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 on an independent basis.

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 $300,000 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 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 380 salons across 33 states with continued plans to expand internationally. Recognized 11 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 March 13, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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