Start-Up Costs and Fees |
||
| Paramount Home Beauty | Phenix Salon Suites | |
| Investment | 44100 - 44100 | 308130 - 1387420 |
| Franchise Fee | ||
| Royalty Fee | 5% | $0.30/sq. ft. |
| Advertising Fee | $0.06/sq. ft. | |
| Year Founded | 2004 | 2007 |
| Year Franchised | 2006 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Paramount Home Beauty | Phenix Salon Suites | |
| Experience | ||
Financing Options |
||
| Paramount Home Beauty | Phenix Salon Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Paramount Home Beauty | Phenix Salon Suites | |
| Training | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) | 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 | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee ownership is allowed |
Expansion Plans |
||
| Paramount Home Beauty | 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 | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| Franchise Fee | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| Royalty Fee | |
| Paramount Home Beauty | 5% |
| Phenix Salon Suites | $0.30/sq. ft. |
| Advertising Fee | |
| Paramount Home Beauty | |
| Phenix Salon Suites | $0.06/sq. ft. |
| Year Founded | |
| Paramount Home Beauty | 2004 |
| Phenix Salon Suites | 2007 |
| Year Franchised | |
| Paramount Home Beauty | 2006 |
| Phenix Salon Suites | 2010 |
| Term Of Agreement | |
| Paramount Home Beauty | 10 years |
| Phenix Salon Suites | 7 years |
| Renewal Fee | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
Business Experience Requirements |
|
| Experience | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
Financing Options |
|
| Franchise Fees | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| Start-up Costs | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| Equipment | |
| Paramount Home Beauty} | |
| Phenix Salon Suites | |
| Inventory | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| Receivables | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| Payroll | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
Training & Support |
|
| Training | |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Support | |
| Paramount Home Beauty | |
| 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 | |
| Paramount Home Beauty | |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Operations | |
| Paramount Home Beauty | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Phenix Salon Suites | Absentee ownership is allowed |
Expansion Plans |
|
| US Expansion | |
| Paramount Home Beauty | |
| 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 | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |
| International Expansion | |
| Paramount Home Beauty | |
| Phenix Salon Suites | |