Phenix Salon Suites, the leading salon suite franchise, announced a 15-unit development deal with multi-business owner Doug Cox.
Operating under the business entity Providence Salon Group, Cox is expanding the brand’s presence across Tennessee and Kentucky, with specific growth plans for the Nashville, Knoxville and Lexington regions. The group’s first coworking complex for salon and wellness professionals is expected to open in Hendersonville by early 2021.
Cox, a Nashville resident for more than 25 years, has successfully developed and currently operates five businesses across four states. His portfolio ranges from ventures such as nursing homes, assisted living facilities and consulting firms. As he diversifies with Phenix Salon Suites, he looks forward to creating opportunities for aspiring entrepreneurs, while creating a real estate legacy for his family and employees.
“Having grown many businesses over the years, Phenix Salon Suites stuck out as an extremely attractive concept to invest in,” said Doug Cox, who is leading Providence Salon Group alongside president and COO Spencer Harp. “As talented, independent beauty professionals seek alternative salon settings, individual suite concepts are primed for long-term success. The design is optimal as it allows me to build relationships with my tenants and give them a safe, intimate and socially-distanced space to work. I’m thrilled to lead the brand’s southern growth with support from a robust, innovative corporate team.
Phenix Salon Suites was one of the first salon suite concepts to offer luxury, spacious suites for independent salon and lifestyle professionals to rent on a month-to-month basis and become their own boss. The suites are equipped with upscale amenities including a styling chair, shampoo chair, two cabinets, a hair dryer and a shampoo bowl that hooks onto the sink. The salon essentials are designed to meet each professional’s basic needs while providing them the opportunity to customize their suites.