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Below is an in-depth analysis and side-by-side comparison of Sangster's Health Centres vs 4ever Young 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 | $237,900 - $398,400 |
Franchise Fee | $25,000 | $39,500 - $50,000 |
Royalty Fee | 5% | 4.5% |
Advertising Fee | - | Up to 1% |
Year Founded | 1971 | 2014 |
Year Franchised | 1978 | 2019 |
Term Of Agreement | 2-5 years | - |
Term Of Agreement | 2-5 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | We believe we have the right recipe for success, but it’s missing one ingredient—you. If you’re someone who has the sincerity and drive to go out and turn your vision for a successful business into reality, you’ll fit right in. Our founders and staff are all committed to their personal wellness. We live the lifestyle we sell to our clients. Our approach to personal wellness inspires and motivates the people we see. Clients want to be treated like they matter by people who care as much about their wellness as they do, so passion is a must-have to make it in this business. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | Yes/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 44 hours Classroom Training: 36 hours |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Online Support Site Selection |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Social media |
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) | Number of Employees Required to Run: 10 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | 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.