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Below is an in-depth analysis and side-by-side comparison of True Rest vs Solana MedSpas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $359,887 - $778,812 | $400,000 - $780,000 |
Franchise Fee | $39,950 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 2009 | - |
Year Franchised | 2014 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | In-depth three day training at University Tour of existing locations for spa finish concepts Classroom and hands-on role playing training On-The-Job Training: 48 hours Classroom Training: 24 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The foremost provider of consulting and development services for the MedSpa and Medical Aesthetic industry, throughout North America. In SolanaTM, you've found a real partner for your journey; a team of highly specialized and experienced professionals united, guided and driven by a sole focus; to see you succeed in the explosive Medical Aesthetics or MedSpa arena. SolanaTM has been a part of the explosive Medical Aesthetics industry from the beginning. Our President and Co Founder, John Buckingham, led the way as a true MedSpa industry pioneer. In addition to his stature as a celebrated and renowned speaker on the business of Medical Aesthetics, Mr. Buckingham is a Harvard MBA and a founding board member of The International Med Spa Association (IMSA).