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Below is an in-depth analysis and side-by-side comparison of Hand and Stone Spa vs Bowen Therapy Clinics including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $567,626 - $674,476 | $75,000 - $100,000 |
Franchise Fee | $32,500 - $42,500 | $24,500 |
Royalty Fee | 5%-6% | - |
Advertising Fee | 5% | - |
Year Founded | 2004 | 2001 |
Year Franchised | 2004 | 2008 |
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 | -/- | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 12 - 15 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
Got Pain? Get It Healed, Get Bowen!