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Below is an in-depth analysis and side-by-side comparison of Sangster's Health Centres vs Vemma including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,000 - $160,000 | $299 - And Up |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1971 | 2003 |
Year Franchised | 1978 | 0 |
Term Of Agreement | 2-5 years | - |
Term Of Agreement | 2-5 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
This Is A Ground Floor Opportunity Backed By A Highly Successful 10 Year-Old Company! Vemma's parent company, New Vision, is a revolutionary leader in health and wellness. With over $1 billion in total retail sales, this company helped pioneer liquid nutrition over 10 years ago by introducing the #1 selling liquid mineral supplement in North America.