Start-Up Costs and Fees |
||
| Sona MedSpa | Snip-Its | |
| Investment | 382000 - 747500 | 124595 - 220375 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 10.75% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1997 | 1992 |
| Year Franchised | 2002 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sona MedSpa | Snip-Its | |
| Experience | Industry experience General business experience Marketing skills Strong interpersonal skills | General business experience |
Financing Options |
||
| Sona MedSpa | Snip-Its | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sona MedSpa | Snip-Its | |
| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 | |
Expansion Plans |
||
| Sona MedSpa | Snip-Its | |
| 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 | |
| Snip-Its | |
| Franchise Fee | |
| Sona MedSpa | |
| Snip-Its | |
| Royalty Fee | |
| Sona MedSpa | 10.75% |
| Snip-Its | 6% |
| Advertising Fee | |
| Sona MedSpa | |
| Snip-Its | 2% |
| Year Founded | |
| Sona MedSpa | 1997 |
| Snip-Its | 1992 |
| Year Franchised | |
| Sona MedSpa | 2002 |
| Snip-Its | 2003 |
| Term Of Agreement | |
| Sona MedSpa | 15 years |
| Snip-Its | 10 years |
| Renewal Fee | |
| Sona MedSpa | 25% of franchise fee |
| Snip-Its | 25% of initial fee |
Business Experience Requirements |
|
| Experience | |
| Sona MedSpa | Industry experience General business experience Marketing skills Strong interpersonal skills |
| Snip-Its | General business experience |
Financing Options |
|
| Franchise Fees | |
| Sona MedSpa | No |
| Snip-Its | No |
| Start-up Costs | |
| Sona MedSpa | |
| Snip-Its | |
| Equipment | |
| Sona MedSpa} | |
| Snip-Its | |
| Inventory | |
| Sona MedSpa | |
| Snip-Its | |
| Receivables | |
| Sona MedSpa | |
| Snip-Its | |
| Payroll | |
| Sona MedSpa | |
| Snip-Its | |
Training & Support |
|
| Training | |
| Sona MedSpa | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| Support | |
| Sona MedSpa | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Snip-Its | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Sona MedSpa | Ad slicks |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Sona MedSpa | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
Expansion Plans |
|
| US Expansion | |
| Sona MedSpa | |
| Snip-Its | 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 | |
| Snip-Its | |
| International Expansion | |
| Sona MedSpa | |
| Snip-Its | |