Start-Up Costs and Fees |
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| State Street Barbers | Phenix Salon Suites | |
| Investment | 191500 - 297000 | 308130 - 1387420 |
| Franchise Fee | ||
| Royalty Fee | 5% | $0.30/sq. ft. |
| Advertising Fee | 3% local +2% Nat'l | $0.06/sq. ft. |
| Year Founded | 2003 | 2007 |
| Year Franchised | 2010 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| State Street Barbers | Phenix Salon Suites | |
| Experience | ||
Financing Options |
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| State Street Barbers | Phenix Salon Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| State Street Barbers | Phenix Salon Suites | |
| Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | |
| Support | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. | *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 |
||
| State Street Barbers | 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| State Street Barbers | |
| Phenix Salon Suites | |
| Franchise Fee | |
| State Street Barbers | |
| Phenix Salon Suites | |
| Royalty Fee | |
| State Street Barbers | 5% |
| Phenix Salon Suites | $0.30/sq. ft. |
| Advertising Fee | |
| State Street Barbers | 3% local +2% Nat'l |
| Phenix Salon Suites | $0.06/sq. ft. |
| Year Founded | |
| State Street Barbers | 2003 |
| Phenix Salon Suites | 2007 |
| Year Franchised | |
| State Street Barbers | 2010 |
| Phenix Salon Suites | 2010 |
| Term Of Agreement | |
| State Street Barbers | |
| Phenix Salon Suites | 7 years |
| Renewal Fee | |
| State Street Barbers | |
| Phenix Salon Suites | |
Business Experience Requirements |
|
| Experience | |
| State Street Barbers | |
| Phenix Salon Suites | |
Financing Options |
|
| Franchise Fees | |
| State Street Barbers | |
| Phenix Salon Suites | |
| Start-up Costs | |
| State Street Barbers | |
| Phenix Salon Suites | |
| Equipment | |
| State Street Barbers} | |
| Phenix Salon Suites | |
| Inventory | |
| State Street Barbers | |
| Phenix Salon Suites | |
| Receivables | |
| State Street Barbers | |
| Phenix Salon Suites | |
| Payroll | |
| State Street Barbers | |
| Phenix Salon Suites | |
Training & Support |
|
| Training | |
| State Street Barbers | |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Support | |
| State Street Barbers | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
| 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 | |
| State Street Barbers | |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Operations | |
| State Street Barbers | |
| Phenix Salon Suites | Absentee ownership is allowed |
Expansion Plans |
|
| US Expansion | |
| State Street Barbers | |
| 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 | |
| State Street Barbers | |
| Phenix Salon Suites | |
| International Expansion | |
| State Street Barbers | |
| Phenix Salon Suites | |