This is the 2020 Phenix Salon Suites Franchise Disclosure Document (FDD). It is a PDF document available for immediate download upon purchase.
“As a franchisee, you will operate a PHENIX SALON SUITES® business that develops fully equipped luxury suites and licenses such suites to independent salon and other business professionals under the PHENIX SALON SUITES® mark and that, at your option, operates a Phenix Salon Store at the salon that sells Phenix Salon proprietary and private label products and other merchandise. The investment necessary to begin operation of a single PHENIX SALON SUITES® franchised business ranges from $308,130 to…”
-Phenix Salon Suites FDD, Aug 2020
What is in the Phenix Salon Suites 2020 Franchise Disclosure Document (FDD)?
The United States Federal Trade Commission requires all franchisors who sell franchises in the USA to compile an FDD each year which covers 23 key items of disclosure about the franchise opportunity. The FDD is written in a federally mandated format that is standardized for all franchises, must be presented in easily understood language, and typically is 100+ pages in length. This document is required to be given to a prospective franchisee before the franchise agreement is signed or any money changes hands. This document is extremely useful to anyone who is researching the history, inner workings, and other critical information and disclosures about the franchise system.