Speakeasy Suites LLC | Application Preview
Speakeasy Suites LLC is applying for a $200,000 government grant to open a third salon suite location in Phoenix. Backed by the success of two East Valley locations operating at 90–100% capacity with low turnover, the company aims to meet growing demand on the city’s west side. Their unique, community-driven model sets them apart from national franchises by offering more than rentals—providing support, resources, and a collaborative environment for independent beauty professionals.
The five-year growth plan includes opening a new location every 18–24 months in the Phoenix metro area, investing in technology and marketing to maintain high retention and low vacancy, and building a strong, scalable brand. With stable rental income, proven performance, and a waiting list of interested tenants, Speakeasy Suites offers a low-risk investment with high-growth potential. Their focus on tenant success and raising industry standards positions them as a leading alternative to franchise giants like MySalonSuite and Sola Salon Studios.
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General Information
Business Registration Number: 85-4233996
Location: Mesa, Az, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We are seeking $200,000 in funding to open a third salon suite location in Phoenix. Our two existing locations, with the same landlord, consistently maintain 90–100% occupancy with minimal turnover, reflecting the strength of our model. Unlike traditional salon suites, we are sought out for our supportive, community-driven approach, with a mission to raise and change the industry standard. Expanding to the west side of the valley will meet ongoing demand, create new opportunities for beauty professionals, and strengthen our long-term impact in the community
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Business Plan
In the next five years, our growth strategy focuses on expanding our salon suite model into additional locations throughout the Phoenix metropolitan area. With two successful East Valley locations consistently operating at 90–100% capacity, we are preparing to launch our third location on the West side to meet increasing demand. Beyond this immediate expansion, our five-year plan includes opening at least one additional location every 18–24 months, depending on market demand, while maintaining the same high level of occupancy and tenant support that differentiates us. We will also invest in technology, marketing, and tenant resources to strengthen retention, reduce vacancy times, and further raise industry standards. By continuing to focus on community-driven operations and sustainable growth, our business is positioned to create long-term opportunities for independent beauty professionals while building a strong, scalable brand Investors should feel confident in supporting our business because we have a proven, sustainable model with two thriving locations already operating at 90–100% capacity and minimal turnover. Our success is built on fixed rental contracts that provide stable, predictable income and reduce financial risk. Unlike traditional salon suites, we are sought out for our supportive, community-driven approach, which has positioned us as a leader in changing the industry standard. With an established landlord partnership, a pipeline of inquiries from beauty professionals, and strong demand for expansion into new markets, we are uniquely positioned to scale successfully while delivering consistent returns and long-term impact
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Self Identified Competition
Our top competitors in the salon suite industry are MySalonSuite, Phenix Salon Suites, and Sola Salon Studios. These are large, national franchise brands with significant resources and name recognition. Their presence in our market is strong enough that we have been directly targeted through SEO campaigns and even approached with acquisition offers, which underscores that we are recognized as a true competitor in the industry What differentiates us from franchise models is our independent ownership and hands-on approach. While large franchises often focus on volume, our business is built on creating a supportive, community-driven environment that beauty professionals actively seek out. We are consistently 90–100% occupied with minimal turnover, which reflects the strength of our relationships, the stability of our model, and the quality of the experience we provide. Our goal is not only to grow but to raise the industry standard, offering tenants more than just a space, we offer an environment where their businesses can thrive
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