FILING · MN · 2026 FDD
PHENIX SALON SUITES FDD (Franchise Disclosure Document) — 2026
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). PHENIX SALON SUITES's most recent FDD tracked here is the 2026 FDD, a multistate filing. Registration-state filings are public records, so you can read it free, with no sign-up.
PUBLIC RECORD · FILED 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $52,500 |
| ITEM 7 | Total initial investment | $923K–$2.3M |
| ITEM 3 | Disclosed litigation matters | 1 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $400K (population and period as defined in the filing's Item 19) |
| ITEM 20 | Outlets (fiscal 2025) | 369 franchised at year end · 4 exits (exit rate 1.1%, fiscal 2025) |
| ITEM 21 | Franchisor financial statements | Unmodified (clean) opinion — DJJCPA, LLC |
The headline figure is Annual Gross Revenue (Disclosed Financial Locations, Combined) for FY ended Dec 31, 2025, for 190 of 329 units, leaving out ownership change within 12 months, open < 18 months, company-owned and others. The mean is 12% above the median, so a minority of high-volume units pulls the average up.
Graded on three things the filing states: coverage (2 points if the figure covers at least 75% of the units it is compared with, 1 point for 50–75%), centre (2 points if it prints both a median and a mean, 1 for one of them), and costs (2 points for costs through a profit line or full cost detail, 1 for some cost items). 5–6 points = More complete, 3–4 = Partial, 0–2 = Limited. The grade describes the disclosure, not the business.
| What is measured | Annual Gross Revenue (Disclosed Financial Locations, Combined) (gross sales) |
| Period | FY ended Dec 31, 2025 |
| Whose results | Franchised outlets |
| Units included | 190 of 329 Eligible Franchised Locations |
| Left out |
|
| Average (mean) | $449K |
| Median | $400K |
| Mean vs median | mean 12.2% above median |
| Met or beat the average | 82, or 43.2% |
| Costs shown | Some cost items only |
| Where | p. 67 (Item 19 runs pp. 64–70) |
| The filing's words | “this Item 19 discloses the results of 190 franchised locations that responded to our request for information with respect to gross revenues and adjusted EBITDA (the "Disclosed Financial Locations")” |
DJJCPA, LLC gave an unmodified (clean) opinion on the statements in the 2026 FDD; revenue rose 22% from FY2023 to FY2025.
Revenue · FY2025
$6.5M
p. 178 · matched to statement
Net income · FY2025
$1.9M
p. 178 · matched to statement
Where FY2025 revenue came from
87% royalties
12% initial / development fees
- Fiscal years covered: FY2023, FY2024, FY2025 (2026 FDD, statements from p. 178)
- Statements are for: Phenix Salon Suites Franchising, LLC
- Parent / owner: not identified in the statements
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total revenue | $5.3Mp. 178 · matched to statement | $5.8Mp. 178 · matched to statement | $6.5Mp. 178 · matched to statement |
| Royalty revenue | $4.2Mp. 178 · matched to statement | $5.0Mp. 178 · matched to statement | $5.7Mp. 178 · matched to statement |
| Initial / development feesline: Franchise Fees | $922Kp. 178 | $660Kp. 178 | $754Kp. 178 |
| Net income (loss) | $1.6Mp. 178 · matched to statement | $1.7Mp. 178 · matched to statement | $1.9Mp. 178 · matched to statement |
| Cash at year end | $914Kp. 177 | $2.1Mp. 177 | $1.8Mp. 177 |
How to read this: royalties recur as long as franchisees trade; initial and development fees arrive only when new franchises are sold. A franchisor whose revenue leans on initial fees is funding itself by selling territories, and that revenue stops when sales slow. Under ASC 606 most franchisors recognize initial fees over the agreement term, so the line understates the cash collected in a strong selling year. Ad-fund revenue, where reported, is included in total revenue as the statements present it.
Each figure links to its page in the filed PDF. “Matched to statement” means our extraction and a second, rule-based read of the statement page agree; “extracted · not cross-checked” means the statement page is a scanned image or could not be read as text. Figures we could not place on a consistent scale are withheld, not guessed. Spotted an error? Report a correction.
Every figure above was extracted by software from the 2026 PHENIX SALON SUITES FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.
PHENIX SALON SUITES FDD questions, answered
Where can I download the PHENIX SALON SUITES FDD for free?
PHENIX SALON SUITES's 2026 Franchise Disclosure Document is a public record. It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is PHENIX SALON SUITES's most recent FDD on file?
The most recent PHENIX SALON SUITES FDD tracked here is the 2026 FDD. Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.
Does PHENIX SALON SUITES's FDD disclose earnings (Item 19)?
Yes — PHENIX SALON SUITES makes a financial performance representation in Item 19 of its 2026 FDD, reporting a median unit volume of $400K. Read the basis fine print: franchisors choose which units and metrics to include.
What does PHENIX SALON SUITES's FDD Item 20 show?
In fiscal 2025, PHENIX SALON SUITES ended with 369 franchised outlets; 4 of 367 open at the start of the year left the system (exit rate 1.1%, fiscal 2025) through terminations, non-renewals, and "ceased operations — other reasons".
The PHENIX SALON SUITES validation checklist
questions built from this brand's own filings · read them all on the profile
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