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Below is an in-depth analysis and side-by-side comparison of Healthy Times Newspaper vs Red Effect Infrared Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $18,500 - $29,100 | $149,500 - $1,037,500 |
Franchise Fee | $15,000 | $45,000 |
Royalty Fee | $500/ month | 7% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 2016 |
Year Franchised | 2007 | 2016 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2000 | - |
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 |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually |
Support | Best Training and Support in the Industry, Be in Business for Yourself, Not by Yourself. You will have access to ongoing marketing and retail items available to operate your business. We want you to be successful, so we don't just get you started - you get continued support every step of the way! | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Number of employees needed to run franchised unit: 0
Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 5 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Founded in 2004 by Mike and Hope Bundrant, Healthy Times is a printed educational journal serving local communities in California, Florida and Hong Kong. Healthy Times also promotes health professionals online throughout the world.