ShapeXpress vs Herbal Magic Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  ShapeXpress Herbal Magic
Experience Marketing skills Sales skills, previous employee supervision skills 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.

Financing Options

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

Training & Support

  ShapeXpress Herbal Magic
Training Ongoing 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.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations 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
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

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


Business Experience Requirements

Experience
ShapeXpress Marketing skills Sales skills, previous employee supervision skills
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.

Financing Options

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

Training & Support

Training
ShapeXpress Ongoing
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.
Support
ShapeXpress Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
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
Marketing
ShapeXpress Co-op advertising, Ad slicks, Regional advertising
Herbal Magic
Operations
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)
Herbal Magic

Expansion Plans

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