Inaara MedSpas vs Phenix Salon Suites Franchise Comparison

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

Start-Up Costs and Fees

 
Inaara MedSpas Franchise
Phenix Salon Suites Franchise
Investment $250,000 - $600,000 $300,425 - $983,050
Franchise Fee $100,000 $45,500
Royalty Fee 5% $0.26/sq. ft.
Advertising Fee - $0.06/sq. ft.
Year Founded 2002 2007
Year Franchised 2003 2010
Term Of Agreement 10 years 7 years
Term Of Agreement 10 years 7 years
Renewal Fee - -


Business Experience Requirements

 
Inaara MedSpas Franchise
Phenix Salon Suites Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Inaara MedSpas Franchise
    Phenix Salon Suites Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/No -/Yes
    Start-up Costs No/No -/Yes
    Equipment No/No -/Yes
    Inventory No/No -/Yes
    Receivables No/No -/Yes
    Payroll No/No -/Yes

    Training & Support

     
    Inaara MedSpas Franchise
    Phenix Salon Suites Franchise
    Training - On-The-Job Training: 12 hours Classroom Training: 19 hours
    Support Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations

    *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 slicks, National media, Regional advertising Ad Templates National Media Regional Advertising Social media Website development
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Absentee ownership is allowed

    Expansion Plans

     
    Inaara MedSpas Franchise
    Phenix Salon Suites Franchise
    US Expansion Yes Yes
    Canada Expansion No -
    International Expansion No -

    Start-Up Costs and Fees Mobile

    Investment
    Inaara MedSpas Franchise
    $250,000 - $600,000
    Phenix Salon Suites Franchise
    $300,425 - $983,050
    Franchise Fee
    Inaara MedSpas Franchise
    $100,000
    Phenix Salon Suites Franchise
    $45,500
    Royalty Fee
    Inaara MedSpas Franchise
    5%
    Phenix Salon Suites Franchise
    $0.26/sq. ft.
    Advertising Fee
    Inaara MedSpas Franchise
    -
    Phenix Salon Suites Franchise
    $0.06/sq. ft.
    Year Founded
    Inaara MedSpas Franchise
    2002
    Phenix Salon Suites Franchise
    2007
    Year Franchised
    Inaara MedSpas Franchise
    2003
    Phenix Salon Suites Franchise
    2010
    Term Of Agreement
    Inaara MedSpas Franchise
    10 years
    Phenix Salon Suites Franchise
    7 years
    Renewal Fee
    Inaara MedSpas Franchise
    -
    Phenix Salon Suites Franchise
    -


    Business Experience Requirements

    Experience
    Inaara MedSpas Franchise

  • General business experience
  • Marketing skills
  • Phenix Salon Suites Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Inaara MedSpas Franchise
    No/No
    Phenix Salon Suites Franchise
    -/Yes
    Start-up Costs
    Inaara MedSpas Franchise
    No/No
    Phenix Salon Suites Franchise
    -/Yes
    Equipment
    Inaara MedSpas Franchise
    No/No
    Phenix Salon Suites Franchise
    -/Yes
    Inventory
    Inaara MedSpas Franchise
    No/No
    Phenix Salon Suites Franchise
    -/Yes
    Receivables
    Inaara MedSpas Franchise
    No/No
    Phenix Salon Suites Franchise
    -/Yes
    Payroll
    Inaara MedSpas Franchise
    No/No
    Phenix Salon Suites Franchise
    -/Yes

    Training & Support

    Training
    Inaara MedSpas Franchise
    -
    Phenix Salon Suites Franchise
    On-The-Job Training: 12 hours Classroom Training: 19 hours
    Support
    Inaara MedSpas Franchise
    Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
    Phenix Salon Suites Franchise

    *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
    Inaara MedSpas Franchise
    Ad slicks, National media, Regional advertising
    Phenix Salon Suites Franchise
    Ad Templates National Media Regional Advertising Social media Website development
    Operations
    Inaara MedSpas Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Phenix Salon Suites Franchise
    Absentee ownership is allowed

    Expansion Plans

    US Expansion
    Inaara MedSpas Franchise
    Yes
    Phenix Salon Suites Franchise
    Yes
    Canada Expansion
    Inaara MedSpas Franchise
    No
    Phenix Salon Suites Franchise
    -
    International Expansion
    Inaara MedSpas Franchise
    No
    Phenix Salon Suites Franchise
    -

    Company Overviews

    About Inaara MedSpas

    NO LONGER FRANCHISING

    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., Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America & Western Europe    
    Veteran Incentives  20% off franchise fee