Question 1

How many Phenix Salon Suites franchise locations are there?

Accepted Answer

Phenix Salon Suites currently has 399 total units, including 367 franchised locations and 32 company-owned locations.

Question 2

Is the Phenix Salon Suites franchise system growing or shrinking?

Accepted Answer

Phenix Salon Suites has experienced positive net growth of +6.4% over the past year, with a 3-year compound annual growth rate (CAGR) of +5.7%.

Question 3

What is the franchise vs. company-owned ratio for Phenix Salon Suites?

Accepted Answer

Phenix Salon Suites has a franchise ratio of 92%, meaning 92% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Phenix Salon Suites franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Phenix Salon Suites had 26 units opened and 14 units closed.