Franchise opportunities compared
IMAGE Studios vs Phenix Salon Suites
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Phenix Salon Suites discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (IMAGE Studios: 12, Phenix Salon Suites: 12). Different groups are not directly comparable.
| Disclosure |  IMAGE Studios | PSPhenix Salon Suites |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $773,392 – $1,734,462 Single Franchise Agreement total initial investment — low estimate $773,392 2026 FDD · Item 7 · PDF p. 21 | -$110,000.00 – $3,074,038 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | $64,500 2026 FDD · Item 5 · PDF p. 9 | Not available No single standard fee identified |
| Royalty (Item 6) | $6.00 Royalty — 6% of Gross Revenues or $300 per week minimum, whichever is greater 2026 FDD · Item 6 · PDF p. 11 | $3.00 ave the right to increase the royalty, effective as of January 1 st of each year, by — 3% 2026 FDD · Item 6 · PDF p. 18 |
| Brand / advertising fund (Item 6) | $110 Brand Development Fund — $110 per week minimum, or 2% of Gross Revenues, whichever is greater 2026 FDD · Item 6 · PDF p. 11 | $0.06 determined by us, in our sole and absolute discretion. National Brand Fee Six Cents — — 0.06 2026 FDD · Item 6 · PDF p. 18 |
| System scale & health | ||
| Total outlets (Item 20) | 129 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 60 | 836 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 71 |
| Net outlet change (Item 20) | +60 Calculated: 69 at end of 2023 → 129 at end of 2025 | +86 Calculated: 750 at end of 2023 → 836 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | 2015 From a verified franchisor listing | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — 10locations opened2019 5 salons other Weekly rent atopening · 2026 FDD · Item 19 · PDF p. 57 Locations counted not stated in the reviewed record — 13locations opened2022 $469 other First-year monthly revenue · 2026 FDD · Item 19 · PDF p. 57 Locations counted not stated in the reviewed record — 31locations opened2023 $10,012 other First-year monthly revenue · 2026 FDD · Item 19 · PDF p. 57 +9 more groups in the full report | Locations counted not stated in the reviewed record — >6500sqft $507,534 other Chart2 Gross revenue Median · 2026 FDD · Item 19 · PDF p. 67 Locations counted not stated in the reviewed record — Combined disclosed financial $177,204 other Chart2 Gross revenue Lowest · 2026 FDD · Item 19 · PDF p. 67 Locations counted not stated in the reviewed record — >6500sqft,opened2021–2024; occupancy>=90% $693,173 other Chart1 Revenue Average · 2026 FDD · Item 19 · PDF p. 65 +9 more groups in the full report |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.