Phenix Salon Suites Franchising is a leader in the salon suites industry with 380+ franchises worldwide. The company, founded in 2003 by Gina and Jason Rivera, has solidified its position as a high-demand franchise opportunity in the multi-billion-dollar health, beauty, and wellness category. With a strong reputation in the industry and being featured on Entrepreneur magazine’s Franchise 500 list for ten consecutive years and the Franchise Times Top 400 list for nine years, Phenix Salon Suites has established itself as a successful business model. As a Phenix Salon Suites Franchise Owner, individuals act as landlords of their locations, overseeing the property and leasing suites. This low employee/overhead model requires minimal time commitment, with Franchise Owners typically dedicating only around 4 hours a week to maintenance. With 380 locations worldwide, the company still has ample room for growth. The last known investment in Phenix Salon Suites was a Private Equity Round investment by 10 Point Capital on 21 March 2018. The investment stands as a testament to the interest and potential in the company's franchise concept. As demand for the franchise continues to rise, potential investors and Franchise Owners can explore the opportunity to be part of this award-winning brand with a strong track record in the industry.
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