Franopolis

    Phenix Salon Suites

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources

    Phenix Salon Suites franchise operates upscale salon suite rental facilities where independent beauty professionals lease private studios to build their own bus

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    Headline figures

    Phenix Salon Suites quick facts

    Is Phenix Salon Suites a franchise?
    Yes. Phenix Salon Suites offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 369 franchised and 49 company-owned outlets (2026 FDD, Item 20, PDF p. 71).
    How much does it cost to open a Phenix Salon Suites franchise?
    The Phenix Salon Suites Franchise Disclosure Document reports separate estimated initial investments by format: $535,229 for as incurred as incurred employees, third parties total estimated initial investment — 535229 (2026 FDD, Item 7, PDF p. 24); $1,244,136–$3,074,038 for total estimated initial investment — low (2026 FDD, Item 7, PDF p. 27); $1,782,696–$3,074,038 for total estimated initial investment — average (2026 FDD, Item 7, PDF p. 27); $3,074,038 for total estimated initial investment — high (2026 FDD, Item 7, PDF p. 27). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Phenix Salon Suites charge?
    The disclosed ongoing royalty is 3% (2026 FDD, Item 6, PDF p. 18). The brand or advertising fund contribution is $0 — 0.06 (2026 FDD, Item 6, PDF p. 18). Other recurring fees are listed in Item 6. Details
    Does Phenix Salon Suites disclose financial performance (Item 19)?
    Yes. The Phenix Salon Suites FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 67). Figures apply only to the locations and period each one covers. Details
    How many Phenix Salon Suites locations are there?
    The FDD reports 418 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 71). Existing locations do not indicate territory availability. Details
    Is Phenix Salon Suites a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $535,229 (As Incurred As Incurred Employees, Third Parties Total Estimated Initial Investment — 535229); $1,244,136 – $3,074,038 (Total Estimated Initial Investment — Low); $1,782,696 – $3,074,038 (Total Estimated Initial Investment — Average); $3,074,038 (Total Estimated Initial Investment — High); several initial fee options apply.
    2. 2Item 19 covers 12 separate groups: revenue and EBITDA for 64 Franchised locations; revenue and EBITDA for 190 Franchised locations; revenue and EBITDA and EBITDA margin and other measures for 24 Franchised locations; EBITDA and EBITDA margin and revenue and other measures for 24 Franchised locations; revenue and EBITDA for 126 Franchised locations; revenue and EBITDA and other measures for Franchised locations; other measures and revenue and EBITDA margin and EBITDA for 11 Franchised locations; EBITDA and other measures and revenue for Franchised locations; other measures for 294 Franchised locations; revenue and EBITDA and other measures for Franchised locations; revenue for 190 Franchised locations; revenue and EBITDA margin and EBITDA and other measures for 11 Franchised locations. They are not combined.
    3. 3Outlets grew by 19 in 2025, to 418 (Franchised, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Phenix Salon Suites head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Phenix Salon SuitesVSSola Salon
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    Phenix Salon SuitesVSIMAGE Studios
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    Phenix Salon SuitesVSMy Salon Suite
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    Phenix Salon SuitesVSBex + Co Shared Workspace Salon
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    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 4 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (4)

    Each format has its own total. The total depends on the format you choose.

    • As Incurred As Incurred Employees, Third Parties Total Estimated Initial Investment — 535229PDF p. 24$535,229
    • LowPDF p. 27$1,244,136 – $3,074,038
    • AveragePDF p. 27$1,782,696 – $3,074,038
    • HighPDF p. 27$3,074,038

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    ave the right to increase the royalty, effective as of January 1 st of each year, by — 3%Main ongoing fee

    77 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    12 separate populations, shown apart. Revenue is not owner income.

    64 locations

    Revenue and EBITDA · 64 locations

    Who is counted
    >6500sqft
    Period
    >6500sqft
    Excluded
    Nine inconsistent ownership; 31 open less than18 months; all49 company outlets; 329 eligible,190 financial responses,294 occupancy responses.
    Method
    Unaudited franchisee reported; EBITDA excludes nonoperating/nonrecurring owner management fees, excess auto, bonus-depreciation capital items, offsite storage, nonsite charges; margin=EBITDA/GrossRevenue. Source-rounded figures unchanged.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Franchised, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 71

    Net +43 outlets, 2023–2025

    0375202339920244182025+24+19

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($535,229 – $3,074,038) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 399 to 418 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Item 19 — Locations counted not stated in the reviewed record — >6500sqft · PDF p. 67; PDF p. 68
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Combined disclosed financial · PDF p. 67; PDF p. 68
    3. [3]Item 19 — Locations counted not stated in the reviewed record — >6500sqft,opened2021–2024; all occupancy rates; four financial responses have n… · PDF p. 65
    4. [4]Item 19 — Locations counted not stated in the reviewed record — all occupancy comparison · PDF p. 65
    5. [5]Item 19 — Locations counted not stated in the reviewed record — <=6500sqft · PDF p. 67; PDF p. 68
    6. [6]Item 19 — Locations counted not stated in the reviewed record — in the Top 50%, · PDF p. 67; PDF p. 68; PDF p. 69
    7. [7]Item 19 — Locations counted not stated in the reviewed record — high performing · PDF p. 65
    8. [8]Item 19 — Locations counted not stated in the reviewed record — in the Bottom 50%, · PDF p. 68; PDF p. 69; PDF p. 67
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Disclosed occupancy locations; high/low categories independently selected; note… · PDF p. 69
    10. [10]Item 19 — Locations counted not stated in the reviewed record — , · PDF p. 67; PDF p. 68; PDF p. 69
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Disclosed financial locations · PDF p. 67
    12. [12]Item 19 — Locations counted not stated in the reviewed record — >6500sqft,opened2021–2024; occupancy>=90% · PDF p. 65
    13. [13]Outlet counts — Item 20, Table 1 · PDF p. 71

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    22 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025interest receivable, related parties$252,404
    2025liabilities and members' equity current liabilities accounts payable$120,898
    2025other receivable$79,200
    2025total liabilities and members' equity$8,926,212
    2025total revenue$6,471,832
    2025construction-in-process$5,600
    2025franchise fees$754,023
    2025national development fund, net$101,103
    2025net income$1,943,399
    2025cash flows from investing activities notes and advances to related parties-$2,206,455
    2025net cash provided byMore than one value recorded for this year — open the FDD source before comparing-$2,220,455
    2025assets current assets cash and cash equivalents$1,780,749

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Sola SalonIMAGE StudiosMy Salon SuiteBex + Co Shared Workspace SalonBeauty BungalowsGreat Clips, Inc.

    Head-to-head comparisons

    Phenix Salon Suites vs Sola SalonPhenix Salon Suites vs IMAGE StudiosPhenix Salon Suites vs My Salon SuitePhenix Salon Suites vs Bex + Co Shared Workspace SalonPhenix Salon Suites vs Beauty BungalowsPhenix Salon Suites vs Great Clips, Inc.
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 19 · PDF p. 69 · 2026 FDD

      Our summary: Chart5 Low occupancy

      “Low 41% 14”

      Note: PDF p. 69 conflicts: Chart 5 lists low occupancy 41%, while Note 4 states the low occupancy rate is 50%. The cited page cannot settle which low figure applies to the 294 Disclosed Occupancy Locations.

    • Item 21 · PDF p. 180 · 2026 FDD

      Our summary: Net Income — 2024

      “Net Income 1,943,399 $ 1,604,215 $ 1,624,098 $”

      Note: The cited 2024 cash flow statement reports net income of 1,604,215, while the income statement reports 1,664,137; the FDD does not reconcile the conflict.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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