Noufal Haircolor Studio vs Phenix Salon Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Noufal Haircolor Studio vs Phenix Salon Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Noufal Haircolor Studio Franchise
Phenix Salon Suites Franchise
Investment $190,550 - $340,600$308,130 - $1,387,420
Franchise Fee $38,000 - $39,500$49,500
Royalty Fee -$0.30/sq. ft.
Advertising Fee -$0.06/sq. ft.
Year Founded 19942007
Year Franchised 20122010
Term Of Agreement -7 years
Term Of Agreement -7 years
Renewal Fee --


Business Experience Requirements
 
Noufal Haircolor Studio Franchise
Phenix Salon Suites Franchise
Experience --

Financing Options
 
Noufal Haircolor Studio Franchise
Phenix Salon Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Noufal Haircolor Studio Franchise
Phenix Salon Suites Franchise
Training -On-The-Job Training: 12 hours Classroom Training: 19 hours
Support -

*Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support

Marketing -Ad Templates National Media Regional Advertising Social media Website development
Operations -Absentee ownership is allowed

Expansion Plans
 
Noufal Haircolor Studio Franchise
Phenix Salon Suites Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Noufal Haircolor Studio

Noufal Haircolor Studio has been in business for more than 15 years, specializes in expert hair care to include color and Keratin treatments while also providing nail, makeup and waxing services. With a popular Northern Virginia destination already established for both men and women looking for experienced, award-winning stylists, owner Joey Noufal is eager to expand the brand and provide entrepreneurs with a chance to be a part of the Noufal Haircolor Studio family. In the coming year, Noufal plans to open three to five franchise locations in DC, Maryland and Virginia. Entrepreneurs and franchisees can look forward to a hands-on accelerated learning process with Noufal helping at every step of the way. Joining the Noufal team will give franchisees access to their proven system for great customer retention, as well as exclusive discounts on salon use products and corporate support. Noufal plans to extensively train all front desk coordinators, shampoo assistants, managers and hair stylists to provide them with the knowledge needed to be successful. Franchisees will also have access to advancement and continuing education classes for all employees. "We've had the pleasure of servicing the Washington elite over the last 15 years and we look forward to continuing that service over the coming years," said owner Joey Noufal. "Investing in a Noufal Haircolor Studio is a low risk venture for entrepreneurs, given the brand recognition and community outreach we've engaged in over the last decade and a half for customer retention." As the business has continued to grow and expand over the last decade, Joey has involved Noufal Haircolor Studio in the community around him, often donating haircuts and other spa treatments to benefit charities like the Leukemia & Lymphoma Society (LLS). Earlier this year, Noufal Haircolor Studio participated in Cut for the Cure, an LLS campaign for which the salon donated an entire day's worth of haircuts to help fight blood cancers. For more information about franchise opportunities, interested parties should reach out to Joey Noufal at Joey(at)noufalhaircolorstudio(dot)com.

About Phenix Salon Suites

Phenix Salon Suites is the fastest growing "Salon Suite' concept in the US, and the only Salon Suite / Studio concept to make the top 500 Ranking by Entrepreneur Magazine. The company began expanding in 2012 and opened 26 new locations in 2012. The company has 75 new locations that will open during 2013 and over 300 locations are currently scheduled to be opened in the next couple of years. The rapid growth of Phenix Salon Suites has been through the "Salon Community". The Phenix Salon Suites difference is in truly understanding the Salon Professional and what they go through on a daily basis. After all, the founder of Phenix Salon Suites (Gina Rivera) still works in a suite several days a week as a Hair Dresser. A deep love and passion for the "Salon Industry" and truly caring for every Salon Professional that is part of the Phenix Salon Suites family is what we are about.
Phenix Salon Suites was founded by a family of Salon Professionals with over 75 years of experience in the Salon Industry. 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 or to work under a booth rent situation and still answer to a Salon Owner. Phenix Salon Suites pioneered a new vision in Colorado Springs, CO in 2007 and that was to give Salon Professionals the opportunity to run their own Salon Business at a fraction of the cost it takes to open a full fledged salon and for about the same amount that Salon Professionals pay for "Booth Rent". The concept was an immediate success and the founders began to expand their locations.You NOW have the opportunity to capitalize on this exciting concept and gain financial freedom.
The Right Concept
The Salon industry is a recession resistant $60 Billion Dollar industry. A Phenix Salon Suites Franchise gives you the unique opportunity to capitalize on this industry with absolutely no salon experience needed.
The Right Opportunity
You can now take control of your future and grow your own business. Spend more time with your family and enjoy financial freedom. Work smarter and not harder - most locations can be run by absentee owners.
A Phenix Salon Suites Franchise
*Salon Suites are the future in the Salon Industry
*Over 900,000 licensed salon professionals in the U.S. alone
*Absentee owner opportunity - most locations run themselves
*Much lower investment than many franchise opportunities
*Recession resistant industry
*Rewarding business opportunity
*Protected territories
*Low "Flat Rate" royalty
*You can keep your current job - IF YOU WANT

Seeking new franchise units in the U.S., Canada,and Western Europe    
Veteran Incentives  20% off franchise fee
"Entrepreneur
#138 in Franchise 500 for 2020.
#64 in Franchise 500 for 2021.