Phenix Salon Suites Bolsters Multi-Unit Growth in 2020
Premier Salon Suite Franchise Commemorates A 344% Increase in Salon Professional Inquiries and 55+ Signed Franchise Agreements
January 06, 2021 // Franchising.com // ENCINITAS, Calif. - Phenix Salon Suites, the leading suite rental franchise with 290+ locations, is wrapping up a monumental year with more than 30 new openings, 57 signed agreements and a robust pipeline for new growth slated for 2021.
A strong influx of signed franchise agreements has attracted high caliber investors looking to diversify their franchise portfolios. Notable multi-unit agreements include Doug Cox, who signed on for 15 salons in the Knoxville and Nashville markets, multiple 3-4-unit deals in Pittsburgh, Pennsylvania, Florida and New Jersey. In addition, the brand has a number of openings on the immediate horizon in Texas, Tennessee and California.
“2020 has been a whirlwind of a year but the salon industry has proven to be resilient, once again. Phenix continues to thrive under every circumstance,” said Brian Kelley, President & COO of Phenix Salon Suites. “From the influx of salon professional inquiries to the almost 60 signed agreements by well-established multi-unit franchisees, Phenix Salon Suites has solidified itself as the top salon suite brand. Our growth across the country, and most recently our rapid expansion across the Northeast, expands our footprint to nearly 300 locations! I’m excited to see this momentum continue into the new year with the robust pipeline we already have in place.”
Additional milestones include the one-year anniversary of Gina’s Platform, the app created by the brand’s founder Gina Rivera that has grown more than 480% since its launch. Gina also created an initiative this year to advocate for lifestyle professionals to reach their goals with a union for independent stylists to access the appropriate funds to keep their businesses afloat amid the pandemic.
SOURCE Phenix Salon Suites
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