Averan Phenix Salon Suites Opening Package Offer
Averan Advisors gets the books and financial systems for a new Phenix Salon Suites location ready before opening day, so your first month closes on time. The setup follows Phenix Salon Suites’ 2026 FDD and your franchise agreement.
The Phenix Salon Suites opening package
Phenix Salon Suites’ 2026 FDD puts the cost to open one location at $535,229 to $3,074,038, so getting the finances right from the start matters.
Averan helps Phenix Salon Suites franchisees get their books and financial systems ready before opening, with a dedicated beauty specialist.
- QuickBooks set up for Phenix Salon Suites’ reporting requirements.
- Build-out spending tracked against Phenix Salon Suites’ Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the Phenix Salon Suites conversion package.
What the Phenix Salon Suites opening package includes
QuickBooks file
We build a QuickBooks file for your Phenix Salon Suites location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report Phenix Salon Suites asks its owners for.
Analytics package
Each month we compare your results with the figures in Phenix Salon Suites’ 2026 FDD.
Budget tracker
We turn Phenix Salon Suites’ Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system Phenix Salon Suites requires, its booking and membership system and your payroll to the books.
Tested before opening
Before your Phenix Salon Suites location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your Phenix Salon Suites royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of Phenix Salon Suites’ Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
Phenix Salon Suites figures from the FDD
Phenix Salon Suites franchisees averaged $448,801 of sales in fiscal 2025, with a median of $399,907, according to Item 19 of Phenix Salon Suites’ 2026 FDD, issued 5 May 2026. The 190 in that group are 51%* of Phenix Salon Suites’ 369 locations. Fees paid to Phenix Salon Suites come to about 6.95%* of sales.
Phenix Salon Suites’ 2026 FDD estimates in Item 7 that opening one Phenix Salon Suites location costs $535,229 to $3,074,038, including the $52,500 initial franchise fee.
17 Phenix Salon Suites locations opened in the last year that Item 20 of Phenix Salon Suites’ 2026 FDD reports.
At the end of the last year that Item 20 reports, Phenix Salon Suites had 230 franchise agreements signed for locations not yet open.
Send us to start
- Your signed Phenix Salon Suites franchise agreement.
- Phenix Salon Suites’ current FDD.
- The Phenix Salon Suites monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system Phenix Salon Suites requires.
- The booking and membership system.
- The Phenix Salon Suites reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from Phenix Salon Suites owners
Does Averan Advisors work with Phenix Salon Suites owners?
Averan Advisors sets up and keeps the books for Phenix Salon Suites owners, and the Averan franchise library has a breakdown of Phenix Salon Suites’ 2026 FDD with its fees, cost to open and Item 19 figures.
How does the Phenix Salon Suites royalty show up in the books?
The Phenix Salon Suites royalty is 34 cents a square foot a month, according to Phenix Salon Suites’ 2026 FDD. We record it on its own line, so each month’s charge can be checked against your agreement.
What does it cost to open a Phenix Salon Suites franchise?
Phenix Salon Suites’ 2026 FDD estimates in Item 7 that opening one Phenix Salon Suites location costs $535,229 to $3,074,038. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my Phenix Salon Suites location opens?
Your Phenix Salon Suites books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in Phenix Salon Suites’ 2026 FDD.
Where to next
Talk to us about your Phenix Salon Suites opening
Send the short form for the Phenix Salon Suites opening package, or book a 30-minute call about your Phenix Salon Suites location and your opening date.
Get the offer → Book a 30-minute call