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+# Economics Model — Phoenix Salon + Spa
+
+**Date:** 2026-08-05
+**Status:** Blocked — requires Layer 3 owner conversation
+
+## Parameters
+- **Addressable leaks:** [TBD]
+- **Conservative customer value:** [TBD]
+- **Estimated recoverable value/yr:** [TBD]
+- **Service pricing context:** [TBD]
+
+## Model
+*To be built during Layer 3 per the economics guide.*