Herbal Magic vs ShapeXpress Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Herbal Magic vs ShapeXpress including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Herbal Magic ShapeXpress
Investment 50000 - 100000 89500 - 152000
Franchise Fee 0
Royalty Fee Varies
Advertising Fee
Year Founded 0 2002
Year Franchised 0 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Herbal Magic ShapeXpress
Experience We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have. Marketing skills Sales skills, previous employee supervision skills

Financing Options

  Herbal Magic ShapeXpress
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Herbal Magic ShapeXpress
Training Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices. Ongoing
Support During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op advertising, Ad slicks, Regional advertising
Operations Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

Expansion Plans

  Herbal Magic ShapeXpress
US Expansion
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile

Investment
Herbal Magic
ShapeXpress
Franchise Fee
Herbal Magic
ShapeXpress
Royalty Fee
Herbal Magic
ShapeXpress Varies
Advertising Fee
Herbal Magic
ShapeXpress
Year Founded
Herbal Magic 0
ShapeXpress 2002
Year Franchised
Herbal Magic 0
ShapeXpress 2003
Term Of Agreement
Herbal Magic
ShapeXpress 10 years
Renewal Fee
Herbal Magic
ShapeXpress $2.5K


Business Experience Requirements

Experience
Herbal Magic We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have.
ShapeXpress Marketing skills Sales skills, previous employee supervision skills

Financing Options

 
Franchise Fees
Herbal Magic
ShapeXpress
Start-up Costs
Herbal Magic
ShapeXpress
Equipment
Herbal Magic}
ShapeXpress
Inventory
Herbal Magic
ShapeXpress
Receivables
Herbal Magic
ShapeXpress
Payroll
Herbal Magic
ShapeXpress

Training & Support

Training
Herbal Magic Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices.
ShapeXpress Ongoing
Support
Herbal Magic During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre
ShapeXpress Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Herbal Magic
ShapeXpress Co-op advertising, Ad slicks, Regional advertising
Operations
Herbal Magic
ShapeXpress Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Herbal Magic
ShapeXpress
Canada Expansion
Herbal Magic Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
ShapeXpress
International Expansion
Herbal Magic
ShapeXpress