Start-Up Costs and Fees |
||
| Profile by Sanford | Beverly Hills Weight Loss and Wellness | |
| Investment | 388500 - 634500 | 64000 - 96000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2012 | 1988 |
| Year Franchised | 2014 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Profile by Sanford | Beverly Hills Weight Loss and Wellness | |
| Experience | General business experience Marketing skills Sales experience | |
Financing Options |
||
| Profile by Sanford | Beverly Hills Weight Loss and Wellness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Profile by Sanford | Beverly Hills Weight Loss and Wellness | |
| Training | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually | Ongoing training |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks |
| Operations | Number of Employees Required to Run: 5 | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Profile by Sanford | Beverly Hills Weight Loss and Wellness | |
| 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 | 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 | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
| Franchise Fee | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
| Royalty Fee | |
| Profile by Sanford | 5% |
| Beverly Hills Weight Loss and Wellness | 6% |
| Advertising Fee | |
| Profile by Sanford | 2% |
| Beverly Hills Weight Loss and Wellness | |
| Year Founded | |
| Profile by Sanford | 2012 |
| Beverly Hills Weight Loss and Wellness | 1988 |
| Year Franchised | |
| Profile by Sanford | 2014 |
| Beverly Hills Weight Loss and Wellness | 1989 |
| Term Of Agreement | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | 5 years |
| Renewal Fee | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
Business Experience Requirements |
|
| Experience | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | General business experience Marketing skills Sales experience |
Financing Options |
|
| Franchise Fees | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
| Start-up Costs | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
| Equipment | |
| Profile by Sanford} | |
| Beverly Hills Weight Loss and Wellness | |
| Inventory | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
| Receivables | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
| Payroll | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |
Training & Support |
|
| Training | |
| Profile by Sanford | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| Beverly Hills Weight Loss and Wellness | Ongoing training |
| Support | |
| Profile by Sanford | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Beverly Hills Weight Loss and Wellness | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Profile by Sanford | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Beverly Hills Weight Loss and Wellness | Co-op advertising, Ad slicks |
| Operations | |
| Profile by Sanford | Number of Employees Required to Run: 5 |
| Beverly Hills Weight Loss and Wellness | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Profile by Sanford | 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 |
| Beverly Hills Weight Loss and Wellness | |
| Canada Expansion | |
| Profile by Sanford | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Beverly Hills Weight Loss and Wellness | |
| International Expansion | |
| Profile by Sanford | |
| Beverly Hills Weight Loss and Wellness | |