Phenix Salon Suites Grows Texas Footprint with Latest Multi-Unit Signed Agreement

Phenix Salon Suites grows its Texas footprint with a multi-unit signed agreement, bolstering its presence in Austin with two new units.

Read the original at Franchising.com
Phenix Salon Suites Grows Texas Footprint with Latest Multi-Unit Signed Agreement

TL;DR

Phenix Salon Suites has signed a multi-unit agreement to expand its presence in Austin, Texas, with two new units. The company is pushing forward on a positive growth trajectory, both domestically and abroad.

Inyene and Ini Umoren, the husband-and-wife duo leading these expansion efforts, come from extensive professional backgrounds within the medical field, further supporting their ability to provide exceptional service throughout the greater Austin area. This agreement will bolster the concept’s footprint in Austin, adding two new units to the city’s existing roster and further highlighting the attraction of this concept to local entrepreneurs.

“We’re thrilled to join Phenix Salon Suites and to be able to expand our business portfolio with such a proven concept,” said Inyene. “Phenix offers entrepreneurs a unique experience with their business model and allows us to deeply engage with them. We can’t wait to open our locations in Austin and provide lifestyle professionals with a larger, more well-equipped option to operate their businesses from.”

Phenix Salon Suites is pushing forward on a positive growth trajectory, both domestically and abroad. Solidifying its stellar reputation with Entrepreneur magazine’s 44th annual Franchise 500 list, Phenix Salon Suites was named as the #1 salon suite franchise in its category and most recently landed on the 2023 Franchise Times Top 400 list, rising 54 spots from last year.

“It’s amazing to see the continued demand for Phenix Salon Suites in the Austin region, which is why we’re ecstatic that Ini and Inyene have joined our thriving network of franchisees,” said Gina Rivera, founder of Phenix Salon Suites. “We look forward to the development of their new locations, further creating an environment for local lifestyle professionals to set themselves up for a successful future. Our existing Austin locations have performed extremely well in this region and we anticipate the same success for the pair.”

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, one cabinet, a hair dryer, 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 as sole proprietors.

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 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 380 salons across 33 states with continued plans to expand internationally. Recognized 10 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 January 4, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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