|
Below is an in-depth analysis and side-by-side comparison of Hand and Stone Spa vs Marilyn Monroe Spas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $567,626 - $674,476 | $299,900 - $737,075 |
Franchise Fee | $32,500 - $42,500 | $40,000 - $45,000 |
Royalty Fee | 5%-6% | 6% |
Advertising Fee | 5% | to2% |
Year Founded | 2004 | 2012 |
Year Franchised | 2004 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | Classroom Training: 3 days |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Grand Opening Field Operations |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | National Media Regional Advertising |
Operations | Number of Employees Required to Run: 12 - 15 | Absentee Ownership Allowed |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | Yes |
Whether you are starting a new spa business, looking to convert your existing salon/spa or are a multi-unit franchise owner looking for a new opportunity, Marilyn Monroe Spas franchises are popping up across the nation - and you could be one of them.
Marilyn Monroe was one of the most beautiful women in history. From her girl-next-door approachable beauty to her glamorous inspirations in photographs and movies, her legend endures around the world. Built around the iconic Marilyn Monroe brand, our spas are revolutionizing the beauty and spa industry with a totally unique take on spa franchises. As an up-and-coming player in the $48 billion spa industry, Marilyn Monroe Spas locations offer their customers a range of beauty, grooming, and body maintenance services including facials, hair care, massage, makeup service, manicures, pedicures, waxing and more.