Franchise Fee: $52,500
Royalty: $.33 PSF
Total Investment: $632,346 - $1,165,275
Can Be Home Based: No

Founded: 2007
Franchised: 2012
VetFran Member: Yes

Phenix Salon Suites is the fastest growing 'Salon Suite' concept in the US, and is currently ranked #25 by the Franchise 500® Entrepreneur Magazine. We are the highest rated Salon Suite / Studio concept on this list. Salon Professionals used to only have two choices to provide their services to customers. One was to work on a commission basis and take home about 40% of their earnings. The other option was to rent a booth from a salon owner, but still have to live by the owner's rules and work on the owner's hours. Phenix Salon Suites pioneered a new vision to give "Salon Ownership" to salon professionals by having them rent an independent full fledged salon suite for about the same cost as "Booth Rent".