Start-Up Costs and Fees |
||
| Hand and Stone Spa | Medsonix | |
| Investment | 567626 - 674476 | 79900 - 79900 |
| Franchise Fee | 0 | |
| Royalty Fee | 5%-6% | Varies |
| Advertising Fee | 5% | |
| Year Founded | 2004 | 2003 |
| Year Franchised | 2004 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hand and Stone Spa | Medsonix | |
| Experience | General business experience | |
Financing Options |
||
| Hand and Stone Spa | Medsonix | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hand and Stone Spa | Medsonix | |
| Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | Available at headquarters |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Grand opening |
| 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 | Medsonix | |
| 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 | |
| Medsonix | |
| Franchise Fee | |
| Hand and Stone Spa | |
| Medsonix | |
| Royalty Fee | |
| Hand and Stone Spa | 5%-6% |
| Medsonix | Varies |
| Advertising Fee | |
| Hand and Stone Spa | 5% |
| Medsonix | |
| Year Founded | |
| Hand and Stone Spa | 2004 |
| Medsonix | 2003 |
| Year Franchised | |
| Hand and Stone Spa | 2004 |
| Medsonix | 2003 |
| Term Of Agreement | |
| Hand and Stone Spa | |
| Medsonix | 10 years |
| Renewal Fee | |
| Hand and Stone Spa | |
| Medsonix | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Hand and Stone Spa | |
| Medsonix | General business experience |
Financing Options |
|
| Franchise Fees | |
| Hand and Stone Spa | |
| Medsonix | |
| Start-up Costs | |
| Hand and Stone Spa | |
| Medsonix | |
| Equipment | |
| Hand and Stone Spa} | |
| Medsonix | |
| Inventory | |
| Hand and Stone Spa | |
| Medsonix | |
| Receivables | |
| Hand and Stone Spa | |
| Medsonix | |
| Payroll | |
| Hand and Stone Spa | |
| Medsonix | |
Training & Support |
|
| Training | |
| Hand and Stone Spa | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location |
| Medsonix | Available at headquarters |
| 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 |
| Medsonix | Grand opening |
| Marketing | |
| Hand and Stone Spa | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Medsonix | |
| Operations | |
| Hand and Stone Spa | Number of Employees Required to Run: 12 - 15 |
| Medsonix | |
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 |
| Medsonix | |
| 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 |
| Medsonix | |
| International Expansion | |
| Hand and Stone Spa | |
| Medsonix | |