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Beauty

Phenix Salon Suites Franchise

A salon-suite rental franchise -- rather than operating a salon itself, a franchisee builds out and leases individually lockable studio suites to independent hair, nail, skin, and beauty professionals who each run their own business inside. A landlord-style model distinct from every other beauty entry in this dataset (all direct-service franchises); founded by Gina and Jason Rivera in Colorado Springs, and franchised unit count grew every year of its FDD's three-year window.

Opening more locationsFounded 2007HQ: Colorado Springs, CO

Every franchisor has to file a document called an FDD before they can legally sell you a franchise. Buried in it are the two things a sales rep won't volunteer: what you'll actually spend to open, and whether existing locations are opening or closing. That's what's below, pulled straight from Phenix Salon Suites's own filing.

What it costs to open

From the filing's investment breakdown -- not a "starting at" number a sales rep quoted you.

Franchise fee

$43,750

Total to open

$1,217,136–$1,664,822

Ongoing royalty

Not a %-of-revenue fee -- see FDD

What you'd actually spend, over time

The upfront cost is only part of it. Plug in what you expect a location to bring in, and see the real total once royalties over a few years are added on top.

Defaulted to a rough beauty industry average, not a figure from Phenix Salon Suites's own FDD -- change it to your own estimate.

Startup investment (royalty not included -- see below)

$1,217,136 – $1,664,822

Phenix Salon Suites doesn't charge a straightforward percentage-of-revenue royalty -- its FDD describes a different ongoing-fee structure instead. That cost isn't included in the total above; check the FDD directly for the real terms before using this figure to compare against other franchises.

When would you break even?

Revenue alone doesn't tell you this -- it depends on what's left after rent, labor, and everything else. Phenix Salon Suites's FDD doesn't disclose a reliable profit figure (most franchisors don't), so this starts from a typical beauty profit margin (~10%) and applies it to the revenue you entered above -- adjust the percentage to your own realistic estimate.

%≈ $50,000/year

Defaulted to a general beauty industry benchmark, not a figure from Phenix Salon Suites's own filing -- this is a starting point to adjust, not a promise about what franchisees actually make.

At that profit, you'd break even in about

24.3–33.3 years

Weigh that payback period against what you already know: Phenix Salon Suites is opening more locations. A long payback period on a shrinking brand is a very different bet than the same payback period on a growing one.

Is Phenix Salon Suites actually growing?

Franchisors have to report, every year, how many locations opened, closed, or changed hands. Most franchise sites never show you this. Here it is:

Locations opened vs. closed, by year

Growing

From Item 20 of Phenix Salon Suites's FDD, the section franchisors use to disclose real openings and closings.

+15
+34
+11
202220232024
YearFranchised units, startFranchised units, endNet change
2022307322+15
2023322356+34
2024356367+11

Most recent year (2024): gained 11 franchised units, ending the year at 367 total.

How Phenix Salon Suites compares to other Beauty franchises

Across the 10 beauty franchises we've hand-verified so far, the typical range to open runs $558,727–$886,877, with royalties averaging around 5.9% of gross sales (based on the 9 of them that charge a flat %-of-revenue royalty).

Phenix Salon Suites Franchise FAQ

How much does it cost to franchise a Phenix Salon Suites?

Based on Phenix Salon Suites's own FDD, total initial investment to open one location runs $1,217,136–$1,664,822, including the $43,750 franchise fee. A direct DFPI or state-registry filing PDF for this entity wasn't located via search, so this entry is drawn from the company's 2025 FDD as reproduced in Franchise Chatter's "Phenix Salon Suites Franchise Review 2026" (published 3/25/2026). Item 5: initial franchise fee ranges $35,000-$52,500; the midpoint is used here. Item 6: royalty is $0.34/sq ft of leased suite space plus a $0.06/sq ft National Brand Fee, plus $1,000/month local advertising -- not a percent of revenue. Item 7: $1,217,136-$1,664,822 as reported (the low end already nets out typical landlord tenant-improvement contributions of roughly $447,687; the review's unadjusted/gross figures ran higher). Item 20 franchised-unit counts for 2022-2024 (307 to 367) are reproduced from the same review; company-owned units grew from 8 to 32 over the same window. Founding year, HQ, and founders are corroborated across two franchise directories but not independently confirmed against the filing itself, and sources disagree on the exact founding/franchising-start years (2003-2010 across different listings) -- verify directly against the DFPI's public franchise search before relying on this entry.

What is the Phenix Salon Suites franchise fee?

The initial franchise fee is $43,750. Phenix Salon Suites's ongoing fee isn't a flat percent-of-revenue royalty -- check the FDD's Item 6 for the actual structure.

Is the Phenix Salon Suites franchise growing or shrinking?

Growing. Across 2022–2024, Phenix Salon Suites added a net 60 franchised locations, per its own annual FDD filings.

Keep going

  • Phenix Salon Suites and Sola Salon Studios are both beauty franchises; Sola Salon Studios's total investment starts about $35,176 lower than Phenix Salon Suites's. Sola Salon Studios Franchise
  • Phenix Salon Suites and Massage Envy are both beauty franchises; Massage Envy's total investment starts about $521,266 lower than Phenix Salon Suites's. Massage Envy Franchise

Where this came from: A direct DFPI or state-registry filing PDF for this entity wasn't located via search, so this entry is drawn from the company's 2025 FDD as reproduced in Franchise Chatter's "Phenix Salon Suites Franchise Review 2026" (published 3/25/2026). Item 5: initial franchise fee ranges $35,000-$52,500; the midpoint is used here. Item 6: royalty is $0.34/sq ft of leased suite space plus a $0.06/sq ft National Brand Fee, plus $1,000/month local advertising -- not a percent of revenue. Item 7: $1,217,136-$1,664,822 as reported (the low end already nets out typical landlord tenant-improvement contributions of roughly $447,687; the review's unadjusted/gross figures ran higher). Item 20 franchised-unit counts for 2022-2024 (307 to 367) are reproduced from the same review; company-owned units grew from 8 to 32 over the same window. Founding year, HQ, and founders are corroborated across two franchise directories but not independently confirmed against the filing itself, and sources disagree on the exact founding/franchising-start years (2003-2010 across different listings) -- verify directly against the DFPI's public franchise search before relying on this entry. You can pull the same filing yourself from the California DFPI's public franchise search. Filed 2025. None of this is investment advice -- get the franchisor's current FDD and talk to a real attorney or accountant before you sign anything.

If you see a different unit count elsewhere: franchisors only have to refile their FDD annually, so the numbers here can run 6–18 months behind a franchisor's own real-time marketing claims -- which often aren't independently verified, and sometimes count signed-but-not-yet-open locations. A gap isn't necessarily an error on either side; it's two different snapshots in time from two different sources.