World’s Leading Salon Suite Brand Ranks on Entrepreneur Magazine’s 43rd Franchise 500® List, Following Record-Breaking Year
Phenix Salon Suites continues its momentum from one of its biggest development years ever by ranking in the top 100 on Entrepreneur magazine’s Franchise 500® list at #75, marking the ninth year in a row that Phenix Salon Suites has made the list.
Since starting to franchise over a decade ago, the nation’s leading salon suite brand turned international trailblazer has continued to reinforce its stellar reputation as the leading salon suite rental franchise. Now, launching its international expansion efforts, the brand received attention from multiple experienced entrepreneurs including LL COOL J, who signed on for a multi-unit partnership with long-time Phenix franchisee Kevin Davis. In addition, Phenix LTD-UK signed an agreement to develop 75 Phenix Salon Suites locations throughout the United Kingdom and the Republic of Ireland.
In 2021, the brand signed more than 60 domestic agreements and two international agreements representing 83 licenses across Sweden, England, Scotland and Ireland. With more than 150 combined licenses sold, Phenix Salon Suites had a monumental year in more ways than one. From opening the first international salon location in Manchester U.K. to surpassing 300 locations domestically to signing a countrywide development agreement for Sweden, Phenix Salon Suites is experiencing its strongest growth in the company’s history.
“It was an exciting year for Phenix, especially as we experienced one of its best years in terms of franchise growth,” said Gina Rivera, founder of Phenix Salon Suites. “Our momentum is definitely a testament to our proven model, supportive corporate team and dedicated franchisees. It’s exciting to look back at the milestones we achieved from launching our global expansion to welcoming a number of experienced franchisees, like LL COOL J. In 2022, I’m looking forward to seeing this growth continue and starting the year off on the right track by being named on Entrepreneur magazine’s Franchise 500® list for the ninth year in a row.”
Rivera, who started as a stylist herself, has always been an advocate and mentor to lifestyle professionals throughout the Phenix system. In fact, she is not only the founder of Phenix Salon Suites, but is also an active stylist with over 42,000 hours behind the chair servicing clients and 13,000 hours working in a suite. Rivera’s experience as a stylist helped create Phenix’s proprietary mobile app. Named Gina’s Platform, the mobile app has seen a 445% increase in utilization among lifestyle professionals over the past two years.
“Phenix Salon Suites reported its strongest year emerging from the challenges faced by all businesses through the pandemic”, said Brian Kelley, President & COO of Phenix Salon Suites. “Our proven business model provides the answer to the safety and security concerns desired by lifestyle professionals and their clients. While the demand for individualized suite rentals amongst lifestyle professionals has been strong over the last several years, the business community has awakened to the opportunity as more and more franchise prospects join the Phenix brand evidenced by our record-breaking year. Now, we are proving the Phenix Salon Suite model can travel overseas with the successful opening of our first location in Manchester and the signing of two large scale development agreements. We are very excited about the immediate path forward for both our industry and our brand.”
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, two cabinets, a hairdryer and a shampoo bowl that hooks directly onto the sink. 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.
To learn more about Phenix Salon Suites and its franchise opportunities, visit www.phenixsalonsuitesfranchising.com.
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 315 salons across 33 states with continued plans to expand internationally. Recognized 8 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. For more information on franchising with Phenix Salon Suites please visit www.phenixsalonsuitesfranchising.com/.
SOURCE Phenix Salon Suites