Their construction division will help you design your barbershop and their training programs will teach you all about customer service, sales tracking and other salon-related business responsibilities. Our partners cannot pay us to guarantee favorable reviews of their products or services. To become a franchise partner with Phenix Salon Suites, you can expect a total investment range of $300,925 to $1,380,050. She named it Phenix after him. And if you dont have any prior experience in the hair salon industry, dont worry. Phenix Salon Suites - New Jersey SALONSYour Local Salon Studios Professionals Sales & Leasing - Call (908) 514-8338 | Woodbridge NJ & Union NJ . The Premiere Boutique Salon Suite Concept that Offers Luxury Spacious Salon Suites. Coming off the biggest development year in the brand's history, Phenix Salon Suites has continued its positive growth trajectory, both domestically and abroad. This influences which products we write about and where and how the product appears on a page. And make sure to read any franchise agreement carefully and consult with a lawyer before signing any paperwork. This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming. Gina Rivera grew up in hair salons. THE SALON SUITES BUSINESS THAT HELPS ENTREPRENEURS FULFILL THEIR DREAMSSalon professionals are enthusiastically embracing the salon suite concept, because it empowers them to control their own hours and keep more of their earnings for themselves. But, she added while she grows, she also wants to remain rooted in the principles that brought Phenix success in the first place. Here's what you need to know if you're interested in opening a Phenix Salon Suites franchise. The case marks one of the largest slip-and-fall verdicts in Florida's history. The initial franchise fee costs $35,000. Visit Crexi.com to read property details & contact the listing broker. Go. Since their founding, this franchise has expanded to over 130 locations in Canada and the United States. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems. Scissors & Scotch has a franchise fee of up to $40,000 and franchisees can expect a total investment between $411,675 and $661,500. Once both sides feel comfortable, you will receive the companys Franchise Disclosure Document. As of 2018, the company operates 227 franchises in the United State. Our suites offer salon and business professionals the opportunity to own and operate their own salon type of business without the hassle and expense of facility management and maintenance. ft. Here is a list of our partners and here's how we make money. Opening a salon within MY SALON Suite. Low lease rates help you keep your overhead down while keeping more profits for you. 2023 Business Broker Network, LLC. At Phenix Salon Suites you will find that our features help you in every area of your business. Each of these hair salon franchises presents a different business model and a unique brand culture. You can check out their website to learn more about becoming a franchise partner. They'll also ask you to fill out a questionnaire and personal financial statement. While she was working, she went into early labor with her son Phenix. I started sweeping the floor in my dads salon back when I was 11 years old, Rivera said. Today,. Interested franchisees are recommended to have a minimum net worth of $1 million, $200,000 in liquid capital, and a credit score of 700. Carry any products for re-sale and determine and keep your mark-up. Suite finishes include ten to twelve foot ceilings with upscale flooring and a door window for optimum ambiance. Her family has been in the hairstyling business since 1929. Retail property for sale at 7610 Goddard St, Colorado Springs, CO 80920. The Blo Blow Dry Bar has an initial franchise fee of $40,000 and a total investment range of $242,823 to $367,102. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. If you want a barbershop with a luxurious atmosphere and a complimentary cocktail, coffee, or beer with every haircut, Scissors & Scotch is a good match for you. This franchise is empowering salon entrepreneurs and professionals to build their businesses and increase their income by at least 40%. Consolidate, organize, and get more options with suites management software. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. So I brought him on as my CEO, and we decided to franchise, Rivera said. Email:reserve@phenixsalonsuites.com, 2020 Phenix Salon Suites - All Rights Reserved, Sales & Leasing - Call / Text: 845-651-3811 | Poughkeepsie, Middletown, New Rochelle. Carry your own salon styling products for re-sale and keep your mark-up. Phenix Salon Suites is the first "Boutique Salon Suite Concept" that offers luxury spacious salon suites for the independent salon professional and others. A break room with microwave, sink and seating is provided. Phenix Salon Suites is perfect for all Lifestyle Professionals. This is my baby, she said. Coming from a long line of hairdressers Gina was destined to pursue a career in the world of hair. Phenix Salon Suites is perfect for all Lifestyle Professionals. All Rights Reserved. Our Franchise Owners say that one of the most rewarding parts of their business is giving others the opportunity to be their own boss and run their businesses how they like. Phenix Salon Suites Franchise For Sale - Hair Salon, 1084 N. El Camino Real, #B427 Encinitas, CA 92024, USA, Interested? When you become a Phenix Salon Suites Franchise Owner, youre actually in the property management business renting out your propertys suites to motivated lifestyle professionals with their own book of business. Phenix Salon Suites is a premiere "boutique salon suite concept" Phenix Salon Suites offers luxury spacious salon suites for the independent salon professional and others located in downtown West Palm Beach. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers. The company began expanding in 2012 and has over 200 locations operating in the US and and over 300 locations are currently scheduled to be opened in the next couple of years. Get updated on the latest franchise and business opportunities. Franchisees should have at least $100,000 in liquid capital, a minimum net worth of $500,000 and will have to pay an initial license fee of $30,000. We are not just about renting space, we have a strong understanding of what you are looking for and provide the family culture that you have been seeking. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee. Since then, this franchise has rapidly expanded to 50 franchise stores in 1998 and now over 1,800 franchise stores today. Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. This site is not currently accepting inquiries from visitors in EU countries. For more information about our suites or talk to a representative, please click the button below. Looking toward the future, Rivera plans to continue to grow her company. A luxurious ambiance greets all clients that walk in the door. Started in 1999, this franchise has 85 locations across the United States and Canada. Phone: 770-670-1223. phenixsalonsuites.com Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company. Youll get to follow a proven business model that is stress-free and easy to replicate. Visit their website to learn more about franchising with Image Studios 360. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. Initial Investment: $300,425 - $983,050 You should have $400,000 in liquid assets and a net worth of at least $1 million. NerdWallet strives to keep its information accurate and up to date. All you have to do is find the right crowd. Want to get out of your franchise agreement? Interested in ownership opportunities like Phenix Salon Suites? We believe everyone should be able to make financial decisions with confidence. As an owner of a salon franchise, you enjoy additional perks like operating within a recession-resistant industry no matter the economy, people will still need to regularly trim their hair. Our goal at Phenix Salon Suites is to make it easy for beauty & wellness professionals to own and op Call / Text: 845-651-3811 Each suite provides all the equipment you need to launch your business with minimum start-up cost. Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. As for whatever else you may need, the company will help until you're ready to open your Phenix Salon Suites franchise. You will also need to have a minimum net worth and liquid capital. Once you make your decision, check out your hair salon financing options to help you get the startup capital you need to make your hair salon franchise dreams a reality. Rivera has also created a line of hair products featuring shampoo, conditioner and hairspray and a line of infrared styling tools. As the name suggests, this salon is dedicated to delivering haircuts that are both affordable and quick. It is for information purposes only. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. "Compared to other suites, Sola isn't just my landlord. Pre-qualified offers are not binding. Our Sola owner is a friend and a business partner. 24/7 Access. Isn't it time you made your move? Gordon Logan founded Sport Clips Haircuts in 1993 in Texas because he saw an opportunity in the salon industry. Franchisees will need to pay a franchise fee starting at $49,750 and should have a net worth of at least $1 million. Isnt it time you made your move? Robert Beaupre leads the SMB team at NerdWallet. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This company is offering new franchisees worldwide. She called it suites. AFFORDABILITY All leases are month-to-month with no long-term leases to provide you with flexibility. The total initial business investment can range from about $173,000 to $300,000. Like many other salon franchisees, no salon experience is required but prior business management experience is ideal. Happy salon professionals share their enthusiasm with their friends in the industry which means you can enjoy lower than expected turnover and a high occupancy rate. Catch up on the latest franchise news, trends, and more. Do not sell or share my personal information. Definition: The length of time your franchise agreement will last. Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business. Theres no need for franchisees to have extensive salon experience or even have used a pair of clippers. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high. Ad Royalty Fee: $0.06/sq. They dont require any of their franchisees to have salon experience but do emphasize transferable skills, like leadership and business skills. Decorate your suite in your own, creative way. If this barbershop franchise resonates with you, submit an inquiry form on their website to obtain more information. By investing now, you can get first-mover status and see the rewards of owning your market. Once the executive team approves your application, you can sign your franchise agreement, pay the initial fees, and start working with the site selection team. So how do we make money? Show your clients the real you through your imagination and decor. Interested in owning your own franchise? 2600 South Road It's time to give talented beauty professionals a home! Blo Blow Dry Bar franchise is all about building a family-oriented community of professionals and entrepreneurs who build each other up. Our suites offer salon and business professionals the opportunity to own and operate their own salon type of business without the hassle and expense of facility management and maintenance. Phenix Salon Suites is a premiere boutique salon suite concept that offers luxury spacious salon suites for the independent salon professional and others. After filling out the franchising opportunity form, the franchise team may discuss the opportunity with you if you seem to be a good fit. Phenix Salon Suites is a premiere boutique salon suite concept. This is rent collection made for salon suites. Subscribe to our newsletters and keep up-to-date with the latest news in the franchise industry. What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. The Great American Barbershop facilitates a flexible lifestyle for their franchisees. You now have the ideal Business Partner. If youre already within the hair and beauty industry, then opening your own MY SALON Suite location may be the perfect franchise opportunity for you. Blo. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. Youll also receive ongoing coaching as you bring your business plan to fruition. Additional details about running this franchise. Each suite provides all the equipment you need to launch your business with minimum start-up cost. Details can be found in Item 12 of the FDD. 1,278 were here. HAIRDRESSERS MAKEUP ARTISTS FACIALIST LASH GURUS PERSONAL STYLISTS TATTOO ARTISTS BARBERS WAX TECHNICIANS NAIL ARTISTS SMILE EXPERTS View All Lifestyle Professionals Lead Assigning Editor | Small business finances, investing, banking. Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse. The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Once you make your decision, check out your hair salon financing options to help you get the startup capital you need to make your hair salon franchise dreams a reality. You can also ask any last-minute questions you might have on your mind. He is there to help us and make sure we succeed. Assets include cash, stocks, retirement accounts, and real estate. Jamie West was just 12 years old when she ran away from the foster care system. Browse franchises that are similar to Phenix Salon Suites. Call Today Reserve Your Suite! Call / Text: 845-651-3811 The company was founded in 2007 and is based in Encinitas, California. All utilities included We pay for Heat, Air conditioning, Water, Electric, Wifi,, all overhead expenses are included in your lease payment. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Since their founding in 1997, Salons by JC has opened over 100 locations and was ranked number one in Entrepreneurs Franchise 500 for 2018 and 2019. Definition: A ongoing fee paid to the franchisor on a regular basis. Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time. Salons by JC franchisees should have at least $300,000 in liquid assets and a $1 million net worth. I had 22 suites, and we filled up right away. Before long, Rivera was opening her second location. advantages and disadvantages of franchising. Request a free consultation with a Franchise Advisor now. Doing your research before committing to a specific franchise will help you make a business decision thats right for you, your skillset and your personality. In 2007 she came up with an idea for a new way to organize her salon. Today, they have over 39 locations open and are actively seeking entrepreneurs to expand their franchise. Open every day with no appointments necessary and a convenient app to check-in online, this hair salon franchise is helping busy people save time. Many beauty professionals prefer the flexibility of renting a managed booth over buying and maintaining their own property. When you become a Phenix Salon Suites Franchise Owner, youre actually in the property management business renting out your propertys suites to motivated salon professionals with their own book of business. Here, you may meet the founders. . Isnt it time you made your move? Meet the companies that are leveraging their ability to scale fast across the U.S. and Canada in Entrepreneur's annual fastest-growing franchises ranking. Corporate Address: Phenix Salon Suites Franchising, LLC 1084 N El Camino Real, Suite B#427 Encinitas, CA 92024. In addition to servicing clients hair needs, Phenix Salon Suites also have an exclusive line of hair and skin products. Net-worth Requirement: $750,000 If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. My boss called, Rivera said. Own your own business. Copyright, 2020 Phenix Salon Suites, All Rights Reserved, SheFinds | 20 Haircut Ideas For Long Hair: Best Sleek And Trendy Looks featuring Phenix Founder and Celebrity Stylist Gina Rivera, Glamour | The Very Best Haircuts for Women in 2023 featuring Phenix Founder and Celebrity Stylist Gina Rivera, Bustle | Beauty Experts Say These Cheap Things On Amazon Are Pure Genius featuring Phenix Founder and Celebrity Stylist Gina Rivera. And Jason had to talk to her, my husband, and she said, Hey where's Gina? And he said, Well actually she just had Phenix just a few minutes ago. She said, 'That's great. Our partners compensate us. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. Franchisees receive tons of support when joining Image Studios 360. Is It Time To Change Director Board Compensation In Private Real Estate Firms? Ad Royalty Fee: $0.06/sq. Franchise Owners participate in small group sessions and have valuable face time with the brand Leadership Team. Feb 16, 2022 173 Dislike Share Save Nina nkechi 1.15K subscribers Hello Beauties , Thank you so much for stopping by my channel . Phenix Salon Suites has the franchise fee of up to $45,500, with total initial investment range of $300,425 - $983,050. At Phenix Salon Suites, we provide the framework and structure to help you launch your business while you concentrate on growing your client base, network, skills, and income all in an upscale, professional setting. What a great opportunity to increase your business in Downtown West Palm Beach! Thousands of Lifestyle Professionals nationwide are partnering with Phenix Salon Suites because We Get Them, making Phenix Salon Suites one of the fastest growing Salon Suite Concepts in the United States. Our Franchise Owners say that one of the most rewarding parts of their business is giving others the opportunity to be their own boss and run their businesses how they like. Founded by a salon family with more than 24 hair stylists in a family and 75 years of professional salon experience, we understand what you are looking for. Complimentary Wireless (WiFi) Internet access is provided for you and your clients. Copyright, 2020 Phenix Salon Suites, All Rights Reserved. All financial products, shopping products and services are presented without warranty. Our listings and rankings are solely research tools you can use to compare opportunities. With dramatic water features that set the mood, brilliant lighting, an upscale interior appearance and multiple seating areas, your clients will feel comfort around every corner. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Initial Franchise Fee: $45,500 Work Your Own Schedule. Welcome Join the Phenix Family At the moment we can not connect you to the representative of this franchise. Liquid Cash Requirement: $250,000. Find other similar franchises in our catalog! Phenix Salon Suites was founded in 2007 by Jason and Gina Rivera in Colorado Springs and was featured on Entrepreneurs Top 500 Franchise list four times. Many of the hair franchises we list below dont require industry experience and place greater emphasis on business savvy and entrepreneurial grit. Their success is largely due to their traditional mens barbershop experiences. Our suites offer salon and business professionals the opportunity to own and operate their own salon type of business without the hassle and expense of facility management and maintenance. We provide the tools while you concentrate on growing your clients & income all in an upscale, professional setting. Abundant parking gives your clients fast, convenient access to your business. Encinitas, CA 92024. In pursuit of stories about awesome entrepreneurs. has saved me on overhead/operating expenses. Phenix has suites for all kinds of beauty professionals from hairstyists to tattoo artists. Phenix Salon Suites is the first "Boutique Salon Suite Concept" that offers Luxury Spacious Salon Suites for the independent salon professional and others. Here is a list of our partners. They have built a loyal customer base with their high-end salon equipment and luxurious suite-style salon experience. As someone considering buying a Phenix Salon Suites franchise, you're probably most interested in the worth of your potential franchise.
Desert Essence Lip Rescue Tea Tree Oil, Best Japanese Sunscreen For Acne-prone Skin, Nema 6-30r Cover Plate, Pleated Polyester Fabric, Mountainflow Shark Tank,