Start-Up Costs and Fees |
||
| Grand Royal Spa | LunchBOX Wax | |
| Investment | 32900 - 50000 | 357300 - 627750 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 3% | |
| Year Founded | 2004 | 2010 |
| Year Franchised | 2004 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Grand Royal Spa | LunchBOX Wax | |
| Experience | Letter of intent stating: - work and business background of franchisee - specified location for the intended Grand Royal Spa branch Minimum of 120 sq meters space requirement Approximately capital investment of PhP1.5 million Franchisee must be willing to undergo seminar and training Franchisee must have a keen business sense and strong business responsibility | |
Financing Options |
||
| Grand Royal Spa | LunchBOX Wax | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Grand Royal Spa | LunchBOX Wax | |
| Training | On-The-Job Training: 2 hours Classroom Training: 28 hours Additional Training: Ongoing | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 8 | |
Expansion Plans |
||
| Grand Royal Spa | LunchBOX Wax | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Franchise Fee | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Royalty Fee | |
| Grand Royal Spa | |
| LunchBOX Wax | 6% |
| Advertising Fee | |
| Grand Royal Spa | |
| LunchBOX Wax | 3% |
| Year Founded | |
| Grand Royal Spa | 2004 |
| LunchBOX Wax | 2010 |
| Year Franchised | |
| Grand Royal Spa | 2004 |
| LunchBOX Wax | 2013 |
| Term Of Agreement | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Renewal Fee | |
| Grand Royal Spa | |
| LunchBOX Wax | |
Business Experience Requirements |
|
| Experience | |
| Grand Royal Spa | Letter of intent stating: - work and business background of franchisee - specified location for the intended Grand Royal Spa branch Minimum of 120 sq meters space requirement Approximately capital investment of PhP1.5 million Franchisee must be willing to undergo seminar and training Franchisee must have a keen business sense and strong business responsibility |
| LunchBOX Wax | |
Financing Options |
|
| Franchise Fees | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Start-up Costs | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Equipment | |
| Grand Royal Spa} | |
| LunchBOX Wax | |
| Inventory | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Receivables | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| Payroll | |
| Grand Royal Spa | |
| LunchBOX Wax | |
Training & Support |
|
| Training | |
| Grand Royal Spa | |
| LunchBOX Wax | On-The-Job Training: 2 hours Classroom Training: 28 hours Additional Training: Ongoing |
| Support | |
| Grand Royal Spa | |
| LunchBOX Wax | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Grand Royal Spa | |
| LunchBOX Wax | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Grand Royal Spa | |
| LunchBOX Wax | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 8 |
Expansion Plans |
|
| US Expansion | |
| Grand Royal Spa | |
| LunchBOX Wax | 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 | |
| Grand Royal Spa | |
| LunchBOX Wax | |
| International Expansion | |
| Grand Royal Spa | |
| LunchBOX Wax | |