Start-Up Costs and Fees |
||
| Radiance Medspa | Fastest Labs | |
| Investment | 269300 - 533300 | 79900 - 114150 |
| Franchise Fee | ||
| Royalty Fee | 4% | 7% |
| Advertising Fee | ||
| Year Founded | 2004 | 2000 |
| Year Franchised | 2004 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Radiance Medspa | Fastest Labs | |
| Experience | ||
Financing Options |
||
| Radiance Medspa | Fastest Labs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Radiance Medspa | Fastest Labs | |
| Training | Classroom Training: 35 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | |
| Operations | Number of Employees Required to Run: 1 - 3 | |
Expansion Plans |
||
| Radiance Medspa | Fastest Labs | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Radiance Medspa | |
| Fastest Labs | |
| Franchise Fee | |
| Radiance Medspa | |
| Fastest Labs | |
| Royalty Fee | |
| Radiance Medspa | 4% |
| Fastest Labs | 7% |
| Advertising Fee | |
| Radiance Medspa | |
| Fastest Labs | |
| Year Founded | |
| Radiance Medspa | 2004 |
| Fastest Labs | 2000 |
| Year Franchised | |
| Radiance Medspa | 2004 |
| Fastest Labs | 2010 |
| Term Of Agreement | |
| Radiance Medspa | 10 years |
| Fastest Labs | |
| Renewal Fee | |
| Radiance Medspa | 50% of current fee |
| Fastest Labs | |
Business Experience Requirements |
|
| Experience | |
| Radiance Medspa | |
| Fastest Labs | |
Financing Options |
|
| Franchise Fees | |
| Radiance Medspa | No |
| Fastest Labs | No |
| Start-up Costs | |
| Radiance Medspa | |
| Fastest Labs | |
| Equipment | |
| Radiance Medspa} | |
| Fastest Labs | |
| Inventory | |
| Radiance Medspa | |
| Fastest Labs | |
| Receivables | |
| Radiance Medspa | |
| Fastest Labs | |
| Payroll | |
| Radiance Medspa | |
| Fastest Labs | |
Training & Support |
|
| Training | |
| Radiance Medspa | |
| Fastest Labs | Classroom Training: 35 hours |
| Support | |
| Radiance Medspa | |
| Fastest Labs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| Radiance Medspa | |
| Fastest Labs | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Radiance Medspa | |
| Fastest Labs | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| Radiance Medspa | |
| Fastest Labs | 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 | |
| Radiance Medspa | 0 |
| Fastest Labs | |
| International Expansion | |
| Radiance Medspa | |
| Fastest Labs | |