Start-Up Costs and Fees |
||
| Sona MedSpa | Phenix Salon Suites | |
| Investment | 382000 - 747500 | 308130 - 1387420 |
| Franchise Fee | 0 | |
| Royalty Fee | 10.75% | $0.30/sq. ft. |
| Advertising Fee | $0.06/sq. ft. | |
| Year Founded | 1997 | 2007 |
| Year Franchised | 2002 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sona MedSpa | Phenix Salon Suites | |
| Experience | Industry experience General business experience Marketing skills Strong interpersonal skills | |
Financing Options |
||
| Sona MedSpa | Phenix Salon Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sona MedSpa | Phenix Salon Suites | |
| Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support |
| Marketing | Ad slicks | Ad Templates National Media Regional Advertising Social media Website development |
| Operations | Absentee ownership is allowed | |
Expansion Plans |
||
| Sona MedSpa | Phenix Salon Suites | |
| 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 | |
| Phenix Salon Suites | |
| Franchise Fee | |
| Sona MedSpa | |
| Phenix Salon Suites | |
| Royalty Fee | |
| Sona MedSpa | 10.75% |
| Phenix Salon Suites | $0.30/sq. ft. |
| Advertising Fee | |
| Sona MedSpa | |
| Phenix Salon Suites | $0.06/sq. ft. |
| Year Founded | |
| Sona MedSpa | 1997 |
| Phenix Salon Suites | 2007 |
| Year Franchised | |
| Sona MedSpa | 2002 |
| Phenix Salon Suites | 2010 |
| Term Of Agreement | |
| Sona MedSpa | 15 years |
| Phenix Salon Suites | 7 years |
| Renewal Fee | |
| Sona MedSpa | 25% of franchise fee |
| Phenix Salon Suites | |
Business Experience Requirements |
|
| Experience | |
| Sona MedSpa | Industry experience General business experience Marketing skills Strong interpersonal skills |
| Phenix Salon Suites | |
Financing Options |
|
| Franchise Fees | |
| Sona MedSpa | No |
| Phenix Salon Suites | No |
| Start-up Costs | |
| Sona MedSpa | |
| Phenix Salon Suites | |
| Equipment | |
| Sona MedSpa} | |
| Phenix Salon Suites | |
| Inventory | |
| Sona MedSpa | |
| Phenix Salon Suites | |
| Receivables | |
| Sona MedSpa | |
| Phenix Salon Suites | |
| Payroll | |
| Sona MedSpa | |
| Phenix Salon Suites | |
Training & Support |
|
| Training | |
| Sona MedSpa | |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Support | |
| Sona MedSpa | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Phenix Salon Suites | *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support |
| Marketing | |
| Sona MedSpa | Ad slicks |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Operations | |
| Sona MedSpa | |
| Phenix Salon Suites | Absentee ownership is allowed |
Expansion Plans |
|
| US Expansion | |
| Sona MedSpa | |
| Phenix Salon Suites | 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 | |
| Phenix Salon Suites | |
| International Expansion | |
| Sona MedSpa | |
| Phenix Salon Suites | |