Quick Verdict · who it fits
Phenix Salon Suites fits first-time franchise buyers looking for a mid-scale wellness concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$721K - $2.4M
Franchise fee (Item 5)
$53K
Item 19 median rev
$400k franchised locations that responded with financial data
System size (Item 20)
369 +17
Agreement term
10 yrs
Years in business
4+ yrs
Item 3 litigation
1 suit
Model Phenix Salon Suites's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
•No exclusive territory•Owner-operator required✓No bankruptcy disclosed•1 Item 3 case
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Free AI summary — the first read on the filing.
399 franchised outlets plus 32 company-owned outlets
Total units open
431 total
25 franchised outlets opened in 2024
Units opened last year
2 franchised outlets ceased operations in 2024
Units closed last year
11 franchised units net increase in 2024
Net unit growth
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Phenix Salon Suites ranks against 89 Health & Beauty peers we've analyzed.
Initial investment
88th pct · of 89 peers
Franchise fee
77th pct · of 89 peers
System size
85th pct · of 89 peers
Health & Beauty industry averages
Avg investment
$374K - $727K
Avg franchise fee
$48K
Avg system size
268
Franchises analyzed
89
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Phenix Salon Suites | Disclosed | $53K | $721K - $2.4M | — | 369 |
| The Woodhouse SpasSimilar price | Disclosed | $60K | $1.3M - $2.0M | 6% | 89 |
| Great ClipsBiggest system | Disclosed | $20K | $188K - $420K | 6% | 4,441 |
| MiniluxeTop-rated in category | Disclosed | $50K | $558K - $990K | 6% | 2 |
Not sure Phenix Salon Suites is the one?
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Free explainers to go deeper before you sign.
Phenix Salon Suites requires a $52,500 initial franchise fee and a total initial investment range of $721,109–$2,425,469, per the most recent FDD on file.
Phenix Salon Suites franchises are sold by Phenix Salon Suites Franchising, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.
Yes. Phenix Salon Suites discloses Item 19 financial performance representations with reported revenue around $399,907. See the financials sub-page for the full distribution.
Franchisees pay a royalty of $0.34 per square foot and an advertising fund contribution of 1% of Gross Sales on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Phenix Salon Suites has 369 total locations, with 17 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. Phenix Salon Suites does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Phenix Salon Suites discloses an initial agreement term of 10 years, a renewal fee of $15,000. Review Items 10 and 17 for the full renewal and termination provisions.
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