|
Below is an in-depth analysis and side-by-side comparison of Nature's Soap Dish vs Hawaiian Experience Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $80,000 | $181,665 - $395,495 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 2000 | 2006 |
Year Franchised | 2002 | 2007 |
Term Of Agreement | 2 years | - |
Term Of Agreement | 2 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Training will be available at our company headquarters, or at another designated location, and will last for one week. Training will be conducted by members of our management team. Training will be provided for 2 persons per franchised business. Ongoing training is also available. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Nature's Soap Dish is on the pages of http://www.franchisefailure.com/natures-soap-dish-franchise-failure/