Phenix Salon Suites vs Men's Hair House Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Phenix Salon Suites vs Men's Hair House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$308,130 - $1,387,420 | $159,310 - $351,770 |
Franchise Fee |
$49,500 | $35,000 |
Royalty Fee |
$0.30/sq. ft. | 4%-4.5% |
Advertising Fee |
$0.06/sq. ft. | 2% |
Year Founded |
2007 | 2013 |
Year Franchised |
2010 | 2015 |
Term Of Agreement |
7 years | - |
Term Of Agreement |
7 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
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
#138 in Franchise 500 for 2020.
#64 in Franchise 500 for 2021.
About Men's Hair House
There is nothing quite like the Men’s Hair House vibe, and we’ll show
you how you can replicate it in your own location(s) - so that customers
are sure to feel it, as soon as they walk through your front doors.
Leather armchairs will greet your customers in the lounge area featuring
big-screen TVs, complimentary peanuts, refreshing beverages, and men’s
magazines.
As a men’s salon franchise owner, you can do it all: be your own boss,
cultivate your team’s and your business’ growth, and meet the growing
demand for men’s salon services! And whether you have experience in the
salon industry or not, or even if you currently own a salon or
barbershop and are looking to take it to the next level, Men’s Hair
House provides you with the business model, tools, and support you need
to run an efficient and effective men’s salon franchise operation. Find
out more about how you provide best-in-class men’s salon services - as
you operate your own Men’s Hair House franchise.
The total investment necessary to begin operation of a Men’s Hair House
start-up franchise is $186,170 to $351,770. This includes $28,000 that
must be paid to the franchisor and/or its affiliate, as appropriate. The
total investment necessary to begin operation of a Men’s Hair House
conversion franchise is $159,310 to $311,170. This includes $22,400 that
must be paid to the franchisor and/or its affiliate, as appropriate.