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.