|
Below is an in-depth analysis and side-by-side comparison of Paramount Home Beauty vs Dental Fix RX including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $44,100 | $68,000 - $184,000 |
Franchise Fee | $14,800 | $25,000 |
Royalty Fee | 5% | Corporate support fee |
Advertising Fee | - | - |
Year Founded | 2004 | 2003 |
Year Franchised | 2006 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) | On-The-Job Training: 40 hours Classroom Training: 120 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.
Dental Fix combines centralized technological and account management services with a unique national network of locally owned and operated industry professionals. Each professional is equipped with "state-of-the-art” mobile service centers. We deliver On-Site personalized service for all of your practice’s repair and new equipment needs.