Start-Up Costs and Fees |
||
| LunchBOX Wax | Grand Royal Spa | |
| Investment | 357300 - 627750 | 32900 - 50000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 3% | |
| Year Founded | 2010 | 2004 |
| Year Franchised | 2013 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LunchBOX Wax | Grand Royal Spa | |
| 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 |
||
| LunchBOX Wax | Grand Royal Spa | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| LunchBOX Wax | Grand Royal Spa | |
| 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 |
||
| LunchBOX Wax | Grand Royal Spa | |
| 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 | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Franchise Fee | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Royalty Fee | |
| LunchBOX Wax | 6% |
| Grand Royal Spa | |
| Advertising Fee | |
| LunchBOX Wax | 3% |
| Grand Royal Spa | |
| Year Founded | |
| LunchBOX Wax | 2010 |
| Grand Royal Spa | 2004 |
| Year Franchised | |
| LunchBOX Wax | 2013 |
| Grand Royal Spa | 2004 |
| Term Of Agreement | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Renewal Fee | |
| LunchBOX Wax | |
| Grand Royal Spa | |
Business Experience Requirements |
|
| Experience | |
| LunchBOX Wax | |
| 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 |
Financing Options |
|
| Franchise Fees | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Start-up Costs | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Equipment | |
| LunchBOX Wax} | |
| Grand Royal Spa | |
| Inventory | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Receivables | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| Payroll | |
| LunchBOX Wax | |
| Grand Royal Spa | |
Training & Support |
|
| Training | |
| LunchBOX Wax | On-The-Job Training: 2 hours Classroom Training: 28 hours Additional Training: Ongoing |
| Grand Royal Spa | |
| Support | |
| 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 |
| Grand Royal Spa | |
| Marketing | |
| LunchBOX Wax | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Grand Royal Spa | |
| Operations | |
| LunchBOX Wax | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 8 |
| Grand Royal Spa | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Grand Royal Spa | |
| Canada Expansion | |
| LunchBOX Wax | |
| Grand Royal Spa | |
| International Expansion | |
| LunchBOX Wax | |
| Grand Royal Spa | |