Start-Up Costs and Fees |
||
| Fastest Labs | Radiance Medspa | |
| Investment | 79900 - 114150 | 269300 - 533300 |
| Franchise Fee | ||
| Royalty Fee | 7% | 4% |
| Advertising Fee | ||
| Year Founded | 2000 | 2004 |
| Year Franchised | 2010 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fastest Labs | Radiance Medspa | |
| Experience | ||
Financing Options |
||
| Fastest Labs | Radiance Medspa | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fastest Labs | Radiance Medspa | |
| Training | Classroom Training: 35 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | |
| Operations | Number of Employees Required to Run: 1 - 3 | |
Expansion Plans |
||
| Fastest Labs | Radiance Medspa | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fastest Labs | |
| Radiance Medspa | |
| Franchise Fee | |
| Fastest Labs | |
| Radiance Medspa | |
| Royalty Fee | |
| Fastest Labs | 7% |
| Radiance Medspa | 4% |
| Advertising Fee | |
| Fastest Labs | |
| Radiance Medspa | |
| Year Founded | |
| Fastest Labs | 2000 |
| Radiance Medspa | 2004 |
| Year Franchised | |
| Fastest Labs | 2010 |
| Radiance Medspa | 2004 |
| Term Of Agreement | |
| Fastest Labs | |
| Radiance Medspa | 10 years |
| Renewal Fee | |
| Fastest Labs | |
| Radiance Medspa | 50% of current fee |
Business Experience Requirements |
|
| Experience | |
| Fastest Labs | |
| Radiance Medspa | |
Financing Options |
|
| Franchise Fees | |
| Fastest Labs | |
| Radiance Medspa | |
| Start-up Costs | |
| Fastest Labs | |
| Radiance Medspa | |
| Equipment | |
| Fastest Labs} | |
| Radiance Medspa | |
| Inventory | |
| Fastest Labs | |
| Radiance Medspa | |
| Receivables | |
| Fastest Labs | |
| Radiance Medspa | |
| Payroll | |
| Fastest Labs | |
| Radiance Medspa | |
Training & Support |
|
| Training | |
| Fastest Labs | Classroom Training: 35 hours |
| Radiance Medspa | |
| Support | |
| Fastest Labs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Radiance Medspa | |
| Marketing | |
| Fastest Labs | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Radiance Medspa | |
| Operations | |
| Fastest Labs | Number of Employees Required to Run: 1 - 3 |
| Radiance Medspa | |
Expansion Plans |
|
| US Expansion | |
| Fastest Labs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Radiance Medspa | |
| Canada Expansion | |
| Fastest Labs | |
| Radiance Medspa | 0 |
| International Expansion | |
| Fastest Labs | |
| Radiance Medspa | |