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Below is an in-depth analysis and side-by-side comparison of Viva the Chef vs Australasian College of Natural Therapies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 - $500,000 | $460,000 - $1,000,000 |
Franchise Fee | $35,000 | $261,000 |
Royalty Fee | 6% | 20% |
Advertising Fee | - | - |
Year Founded | 2003 | 1982 |
Year Franchised | 2004 | 0 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | 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 | - |
Marketing | National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 10 - 15
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 | No |
International Expansion | Yes | No |
NO LONGER FRANCHISING
Established in 1982 in Sydney Australia. Since then we have developed into a profitable education business offering courses in the fields of Natural Medicine, Manual /Massage Therapies and Beauty Therapy. Our College is nationally registered and qualifications are recognized worldwide. Our students come from all over the world, from different walks of life and are of various ages. Our courses are conducted on a full-time basis, part-time basis, and through distance education. This provides our students maximum flexibility, catering to their needs.