voco hotels vs 4ever Young Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of voco hotels vs 4ever Young including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,963,880 - $46,738,600 | $237,900 - $398,400 |
Franchise Fee |
$75,000 | $39,500 - $50,000 |
Royalty Fee |
0 | 4.5% |
Advertising Fee |
0 | Up to 1% |
Year Founded |
2020 | 2014 |
Year Franchised |
2020 | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | We believe we have the right recipe for success, but it’s missing one ingredient—you. If you’re someone who has the sincerity and drive to go out and turn your vision for a successful business into reality, you’ll fit right in.
Our founders and staff are all committed to their personal wellness. We live the lifestyle we sell to our clients. Our approach to personal wellness inspires and motivates the people we see. Clients want to be treated like they matter by people who care as much about their wellness as they do, so passion is a must-have to make it in this business. |
Financing Options |
|
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 |
Training |
- | On-The-Job Training: 44 hours
Classroom Training: 36 hours
|
Support |
- | Online Support
Site Selection
|
Marketing |
- | Social media
|
Operations |
- | Number of Employees Required to Run: 10
|
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About voco hotels
Drawing on their years of experience in delivering True Hospitality, voco Hotels, gives people a different choice.
The voco™ brand offers
owners the ability to drive higher returns by delivering a distinctive,
compelling, experiential consumer proposition and leveraging IHG's
powerful resources.
voco is leading a trend towards conversions, which we’re seeing across
the full breadth of our portfolio and accounted for a quarter of IHG’s
signings overall in the first half of 2020
About 4ever Young
From the new kids on the block to the hottest name in town, 4Ever Young
has quickly grown into a leader in anti-aging and wellness services.
This is a turnkey opportunity for people who are ready to grow a business quickly.
4Ever Young is a wellness leader, which means we provide a diverse range
of products and services to our clients. From hormone therapy, to
cosmetic injections, to med-spa facials, to IV drips and vitamin
injections, to weight loss regimens and diet plans, we take a
comprehensive approach to the industry. We also offer a high-quality,
in-house line of supplements and nutritional products. This variety
gives you the opportunity to establish multiple streams of revenue and
build a book of business that just keeps giving.
We offer two types of franchise opportunities: a single-unit franchise
which allows you to operate your own 4Ever Young in a protected
territory of your choice, or an area development franchise for those
looking to lock down a larger territory and slowly build a series of
4Ever Young locations.