Start-Up Costs and Fees |
||
| Sona MedSpa | Famous Toastery | |
| Investment | 382000 - 747500 | 600500 - 1024500 |
| Franchise Fee | 0 | |
| Royalty Fee | 10.75% | 5% |
| Advertising Fee | 1%-2% | |
| Year Founded | 1997 | 2005 |
| Year Franchised | 2002 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sona MedSpa | Famous Toastery | |
| Experience | Industry experience General business experience Marketing skills Strong interpersonal skills | |
Financing Options |
||
| Sona MedSpa | Famous Toastery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sona MedSpa | Famous Toastery | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Ad slicks | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | ||
Expansion Plans |
||
| Sona MedSpa | Famous Toastery | |
| 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 | |
| Sona MedSpa | |
| Famous Toastery | |
| Franchise Fee | |
| Sona MedSpa | |
| Famous Toastery | |
| Royalty Fee | |
| Sona MedSpa | 10.75% |
| Famous Toastery | 5% |
| Advertising Fee | |
| Sona MedSpa | |
| Famous Toastery | 1%-2% |
| Year Founded | |
| Sona MedSpa | 1997 |
| Famous Toastery | 2005 |
| Year Franchised | |
| Sona MedSpa | 2002 |
| Famous Toastery | 2013 |
| Term Of Agreement | |
| Sona MedSpa | 15 years |
| Famous Toastery | 10 Years |
| Renewal Fee | |
| Sona MedSpa | 25% of franchise fee |
| Famous Toastery | |
Business Experience Requirements |
|
| Experience | |
| Sona MedSpa | Industry experience General business experience Marketing skills Strong interpersonal skills |
| Famous Toastery | |
Financing Options |
|
| Franchise Fees | |
| Sona MedSpa | No |
| Famous Toastery | No |
| Start-up Costs | |
| Sona MedSpa | |
| Famous Toastery | |
| Equipment | |
| Sona MedSpa} | |
| Famous Toastery | |
| Inventory | |
| Sona MedSpa | |
| Famous Toastery | |
| Receivables | |
| Sona MedSpa | |
| Famous Toastery | |
| Payroll | |
| Sona MedSpa | |
| Famous Toastery | |
Training & Support |
|
| Training | |
| Sona MedSpa | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Support | |
| Sona MedSpa | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | |
| Sona MedSpa | Ad slicks |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Sona MedSpa | |
| Famous Toastery | |
Expansion Plans |
|
| US Expansion | |
| Sona MedSpa | |
| Famous Toastery | 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 | |
| Sona MedSpa | |
| Famous Toastery | |
| International Expansion | |
| Sona MedSpa | |
| Famous Toastery | |