Phenix Salon Suites
Business & Professional Services · Coworking & Office Services
- Active units
- 367
Franchised, year-end 2024
About Phenix Salon Suites
Phenix Salon Suites operates as a property-management franchise within the personal care industry. Franchisees provide move-in-ready individual suites to independent beauty and lifestyle professionals, including hair stylists, nail technicians, and massage therapists. This brick-and-mortar business model allows franchisees to manage facility maintenance and tenant relationships with minimal staffing. The concept serves professionals seeking an independent workspace with lower overhead than traditional salon ownership.
Key terms
- Footprint
4,000 – 7,250 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations369
Franchised units open at year-end
- New openings17
Gross new units opened during the calendar year
- 1-year unit growth rate0.5%
Net unit growth versus prior year
- 3-year unit CAGR1.8%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.1×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.3M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open12 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate34.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 180 of 217 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.