Start-Up Costs and Fees |
||
| Salon Professional Education Company (SPEC) | Phenix Salon Suites | |
| Investment | 145500 - 1111000 | 308130 - 1387420 |
| Franchise Fee | ||
| Royalty Fee | $0.30/sq. ft. | |
| Advertising Fee | $0.06/sq. ft. | |
| Year Founded | 2004 | 2007 |
| Year Franchised | 2018 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Salon Professional Education Company (SPEC) | Phenix Salon Suites | |
| Experience | ||
Financing Options |
||
| Salon Professional Education Company (SPEC) | Phenix Salon Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Salon Professional Education Company (SPEC) | Phenix Salon Suites | |
| 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 |
||
| Salon Professional Education Company (SPEC) | Phenix Salon Suites | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| Franchise Fee | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| Royalty Fee | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | $0.30/sq. ft. |
| Advertising Fee | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | $0.06/sq. ft. |
| Year Founded | |
| Salon Professional Education Company (SPEC) | 2004 |
| Phenix Salon Suites | 2007 |
| Year Franchised | |
| Salon Professional Education Company (SPEC) | 2018 |
| Phenix Salon Suites | 2010 |
| Term Of Agreement | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | 7 years |
| Renewal Fee | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
Business Experience Requirements |
|
| Experience | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
Financing Options |
|
| Franchise Fees | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| Start-up Costs | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| Equipment | |
| Salon Professional Education Company (SPEC)} | |
| Phenix Salon Suites | |
| Inventory | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| Receivables | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| Payroll | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
Training & Support |
|
| Training | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Support | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | *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 | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Operations | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | Absentee ownership is allowed |
Expansion Plans |
|
| US Expansion | |
| Salon Professional Education Company (SPEC) | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Phenix Salon Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |
| International Expansion | |
| Salon Professional Education Company (SPEC) | |
| Phenix Salon Suites | |