Start-Up Costs and Fees |
||
| Slender Lady | Herbal Magic | |
| Investment | 50000 - 50000 | 50000 - 100000 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/495/mo. | |
| Advertising Fee | ||
| Year Founded | 1996 | 0 |
| Year Franchised | 1997 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | Herbal Magic | |
| 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. | |
Financing Options |
||
| Slender Lady | Herbal Magic | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Slender Lady | Herbal Magic | |
| 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. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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, National media, Regional advertising | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Slender Lady | 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 | |
| Slender Lady | |
| Herbal Magic | |
| Franchise Fee | |
| Slender Lady | |
| Herbal Magic | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| Herbal Magic | |
| Advertising Fee | |
| Slender Lady | |
| Herbal Magic | |
| Year Founded | |
| Slender Lady | 1996 |
| Herbal Magic | 0 |
| Year Franchised | |
| Slender Lady | 1997 |
| Herbal Magic | 0 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| Herbal Magic | |
| Renewal Fee | |
| Slender Lady | |
| Herbal Magic | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| 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 | |
| Slender Lady | Yes |
| Herbal Magic | Yes |
| Start-up Costs | |
| Slender Lady | |
| Herbal Magic | |
| Equipment | |
| Slender Lady} | |
| Herbal Magic | |
| Inventory | |
| Slender Lady | |
| Herbal Magic | |
| Receivables | |
| Slender Lady | |
| Herbal Magic | |
| Payroll | |
| Slender Lady | |
| Herbal Magic | |
Training & Support |
|
| Training | |
| Slender Lady | |
| 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 | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Herbal Magic | |
| Operations | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Herbal Magic | |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| Herbal Magic | |
| Canada Expansion | |
| Slender Lady | |
| 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 | |
| Slender Lady | |
| Herbal Magic | |