Start-Up Costs and Fees |
||
| Hand and Stone Spa | Grand Royal Spa | |
| Investment | 567626 - 674476 | 32900 - 50000 |
| Franchise Fee | ||
| Royalty Fee | 5%-6% | |
| Advertising Fee | 5% | |
| Year Founded | 2004 | 2004 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hand and Stone Spa | Grand Royal Spa | |
| Experience | Letter of intent stating: - work and business background of franchisee - specified location for the intended Grand Royal Spa branch Minimum of 120 sq meters space requirement Approximately capital investment of PhP1.5 million Franchisee must be willing to undergo seminar and training Franchisee must have a keen business sense and strong business responsibility | |
Financing Options |
||
| Hand and Stone Spa | Grand Royal Spa | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hand and Stone Spa | Grand Royal Spa | |
| Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 12 - 15 | |
Expansion Plans |
||
| Hand and Stone Spa | Grand Royal Spa | |
| 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 | 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 | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Franchise Fee | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Royalty Fee | |
| Hand and Stone Spa | 5%-6% |
| Grand Royal Spa | |
| Advertising Fee | |
| Hand and Stone Spa | 5% |
| Grand Royal Spa | |
| Year Founded | |
| Hand and Stone Spa | 2004 |
| Grand Royal Spa | 2004 |
| Year Franchised | |
| Hand and Stone Spa | 2004 |
| Grand Royal Spa | 2004 |
| Term Of Agreement | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Renewal Fee | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
Business Experience Requirements |
|
| Experience | |
| Hand and Stone Spa | |
| Grand Royal Spa | Letter of intent stating: - work and business background of franchisee - specified location for the intended Grand Royal Spa branch Minimum of 120 sq meters space requirement Approximately capital investment of PhP1.5 million Franchisee must be willing to undergo seminar and training Franchisee must have a keen business sense and strong business responsibility |
Financing Options |
|
| Franchise Fees | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Start-up Costs | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Equipment | |
| Hand and Stone Spa} | |
| Grand Royal Spa | |
| Inventory | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Receivables | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
| Payroll | |
| Hand and Stone Spa | |
| Grand Royal Spa | |
Training & Support |
|
| Training | |
| Hand and Stone Spa | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location |
| Grand Royal Spa | |
| Support | |
| Hand and Stone Spa | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Grand Royal Spa | |
| Marketing | |
| Hand and Stone Spa | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Grand Royal Spa | |
| Operations | |
| Hand and Stone Spa | Number of Employees Required to Run: 12 - 15 |
| Grand Royal Spa | |
Expansion Plans |
|
| US Expansion | |
| Hand and Stone Spa | 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 |
| Grand Royal Spa | |
| Canada Expansion | |
| Hand and Stone Spa | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Grand Royal Spa | |
| International Expansion | |
| Hand and Stone Spa | |
| Grand Royal Spa | |