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Below is an in-depth analysis and side-by-side comparison of The Woodhouse Day Spa vs Mona Spa and Laser Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $808,250 - $985,000 | $305,700 - $836,000 |
Franchise Fee | $48,000 | $70,000 |
Royalty Fee | 6% | - |
Advertising Fee | 0.25% | - |
Year Founded | 2001 | 1992 |
Year Franchised | 2003 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of then-current fee | - |
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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
18% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Mona Spa and Laser Centers, a MedSpa experience since 1991, relaxes wrinkles and beauty
worries with safe lasers and cellular skin care, by customizing and
combining all technologies for your needs. Highly skilled and
experienced. NP Aesthetic Injector.