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Phenix Salon Suites Ranks on Entrepreneur Magazine’s Franchise 500® List for 11th Consecutive Year

By: Phenix Salon Suites |  1 Shares     188 Reads

Internationally Renowned Salon Suite Concept Recognized Among Top 100 National Brands

January 29, 2024 // Franchising.com // ENCINITAS, Calif. – Phenix Salon Suites announced today that it ranked on the Entrepreneur Magazine’s Franchise 500® list, considered the best and most comprehensive franchise ranking in the world, for the 11th consecutive year.

Placing 89th overall, the salon suites concept has been rapidly growing across the nation for over a decade and, after being the first US based salon suite brand to open in Europe, Phenix continues to be a leading force within the competitive salon suites category in the United States.

The stellar recognition, both across the entire list and within its category, including being voted the #1 Salon Suite brand by Entrepreneur Magazine in 2022, highlights the successful growth of the brand in recent years. In 2023 alone, Phenix opened 40 new locations, including its newest international space in Birmingham, UK, bringing the brand’s total number of salon facilities to over 380 worldwide.

“It’s an enormous honor to be recognized in the Franchise 500® list for the 11th consecutive year,” said Brian Kelley, President & CEO at Phenix Salon Suites. The brand’s continued growth is a testament to the hard work, dedication, and resilience of our corporate team and our incredible franchisee network. Our expansion reflects the great potential of our highly successful salon franchise model and the demand from customers and salon professionals nationwide. We can’t wait to continue this momentum into 2024 and roar past the 400 mark of salon suites open worldwide.”

While no salon experience is necessary, the most successful franchisees have working knowledge of commercial real estate, general business experience, and are well-capitalized with minimum liquidity of $300,000 or more. Financing is available through our lending partners

In the 45 years since its first release, the Franchise 500® list has become not only a competitive measure for franchisors, but also a primary research tool for those interested in franchising. Phenix Salon Suite’s position on the list is indicative of its success as a franchise company.

To learn more about Phenix Salon Suites and its franchise opportunities, visit www.phenixsalonsuitesfranchising.com.

About Phenix Salon Suites

The California-based salon suite franchise is a salon suite rental concept that offers an opportunity for salon and lifestyle professionals to operate their own business in a private salon suite within a larger, well-located salon. Phenix Salon Suites does not sell haircuts. The brand licenses individualized suites so professionals can service their clients in a safe and secure environment. Founded in 2007 by beauty expert and celebrity hairstylist Gina Rivera, who has family roots in the industry dating back to 1929, Phenix Salon Suites has reinvented the salon industry. The company began franchising in 2012 and today has more than 380 salons across 33 states and multiple locatoins in the UK with continued plans to continue to expand internationally. Recognized 11 years in a row on Entrepreneur’s Franchise Top 500 list, Phenix Salon Suites is acknowledged as an industry leader with franchise opportunities available in a number of key markets throughout the United States. For more information on franchising with Phenix Salon Suites please visit www.phenixsalonsuitesfranchising.com/.

About Entrepreneur Media Inc.

For 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide.

SOURCE Phenix Salon Suites

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Media Contact:

Conor Mills
All Points PR
(847) 282-2070
cmills@allpointspr.com

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