Phenix Salon Suites
Source filing: WI · filed 2026-05-07
Item 5 — Initial franchise fee
$52,500 [p.15 · WI · 2026-05-07]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | See FDD [p.18 · WI · 2026-05-07] |
|---|---|
| Local Advertising | See FDD [p.18 · WI · 2026-05-07] |
| Local Advertising Cooperative | See FDD [p.18 · WI · 2026-05-07] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$535,229 [p.24 · WI · 2026-05-07] – $709,175 [p.24 · WI · 2026-05-07]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 367 [p.71 · WI · 2026-05-07] |
|---|---|
| Franchised outlets at end of year | 369 [p.71 · WI · 2026-05-07] |
| Net change in franchised outlets | 2 [p.71 · WI · 2026-05-07] |
| Transfers | 9 [p.72 · WI · 2026-05-07] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | Not disclosed |
| Company-owned outlets at end of year | 49 [p.71 · WI · 2026-05-07] |
Item 19 — Financial performance representation
Headline cohort
Disclosed Financial Locations - Combined Annual Gross Revenue · fiscal year ending December 31, 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 190 [p.67 · WI · 2026-05-07] | $448,801 [p.67 · WI · 2026-05-07] | $399,907 [p.67 · WI · 2026-05-07] | $1,146,025 [p.67 · WI · 2026-05-07] | $177,204 [p.67 · WI · 2026-05-07] |
All disclosed cohorts (5)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| High-Performing Locations (>6,500 Sq Ft + Opened 2021–2024 + Occupancy ≥ 90%) - Annual Gross Revenue fiscal year ending December 31, 2025 non-annual metric (not annualized) |
11 [p.65 · WI · 2026-05-07] | $693,173 [p.65 · WI · 2026-05-07] | $620,385 [p.65 · WI · 2026-05-07] | $1,146,025 [p.65 · WI · 2026-05-07] | $518,571 [p.65 · WI · 2026-05-07] |
| Comparison locations (>6,500 Sq Ft + Opened 2021–2024 + All Occupancy Rates) - Annual Gross Revenue fiscal year ending December 31, 2025 non-annual metric (not annualized) |
24 [p.65 · WI · 2026-05-07] | $568,628 [p.65 · WI · 2026-05-07] | $542,684 [p.65 · WI · 2026-05-07] | $1,146,025 [p.65 · WI · 2026-05-07] | Not disclosed |
| Disclosed Financial Locations - Combined Annual Gross Revenue fiscal year ending December 31, 2025 |
190 [p.67 · WI · 2026-05-07] | $448,801 [p.67 · WI · 2026-05-07] | $399,907 [p.67 · WI · 2026-05-07] | $1,146,025 [p.67 · WI · 2026-05-07] | $177,204 [p.67 · WI · 2026-05-07] |
| Disclosed Financial Locations - > 6,500 sq ft Annual Gross Revenue fiscal year ending December 31, 2025 |
64 [p.67 · WI · 2026-05-07] | $549,260 [p.67 · WI · 2026-05-07] | $507,534 [p.67 · WI · 2026-05-07] | $1,146,025 [p.67 · WI · 2026-05-07] | $258,924 [p.67 · WI · 2026-05-07] |
| Disclosed Financial Locations - ≤ 6,500 sq ft Annual Gross Revenue fiscal year ending December 31, 2025 |
126 [p.67 · WI · 2026-05-07] | $397,774 [p.67 · WI · 2026-05-07] | $389,237 [p.67 · WI · 2026-05-07] | $862,378 [p.67 · WI · 2026-05-07] | $177,204 [p.67 · WI · 2026-05-07] |
Extraction notes
- One or more Item 19 figures failed source verification and were removed.
- Item 7 totals were extracted with model assistance and verified against the cited page.
- The headline cohort's description does not explicitly state the population is franchised outlets — population not verified.
- A non-annual Item 19 metric was excluded from headline consideration; it is labeled, never annualized.