| ||||
Updated RecentlySangster's Health Centres vs voco hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sangster's Health Centres vs voco hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $125,000 - $160,000 | $15,963,880 - $46,738,600 |
| Franchise Fee | $25,000 | $75,000 |
| Royalty Fee | 5% | 0 |
| Advertising Fee | - | 0 |
| Year Founded | 1971 | 2020 |
| Year Franchised | 1978 | 2020 |
| Term Of Agreement | 2-5 years | - |
| Term Of Agreement | 2-5 years | - |
| Renewal Fee | $5K | - |
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/Yes | -/- |
| Inventory | Yes/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Sangster's Health Centres
Since 1971, Sangster's Health Centres have offered customers a line of over 250 health products. The Saskatoon, Saskatchewan-based chain sells vitamins, minerals, herbs, organic foods, sports nutrition and weight loss products to customers throughout Canada.
About voco hotels
!["voco]("https://fddexchange.com/wp-content/uploads/2020/06/voco.jpg")
Drawing on their years of experience in delivering True Hospitality, voco Hotels, gives people a different choice.
The voco™ brand offers owners the ability to drive higher returns by delivering a distinctive, compelling, experiential consumer proposition and leveraging IHG's powerful resources.
voco is leading a trend towards conversions, which we’re seeing across
the full breadth of our portfolio and accounted for a quarter of IHG’s
signings overall in the first half of 2020