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Below is an in-depth analysis and side-by-side comparison of Profile by Sanford including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $388,500 - $634,500 | |
Franchise Fee | $49,500 | |
Royalty Fee | 5% | |
Advertising Fee | 2% | |
Year Founded | 2012 | |
Year Franchised | 2014 | |
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 | ||
Franchise Fees | -/Yes | |
Start-up Costs | -/Yes | |
Equipment | -/Yes | |
Inventory | -/Yes | |
Receivables | -/Yes | |
Payroll | -/Yes | |
Training & Support |
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Training | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually | |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software 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: 5 | |
Expansion Plans |
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US Expansion | Yes | |
Canada Expansion | Yes | |
International Expansion | - |
Profile by Sanford is a comprehensive weight loss and weight management program designed by the physicians and experts at Sanford Health. The program utilizes a certified health coach and offers integrated technology and meal replacement products to provide members with a solution for nutrition, activity, and lifestyle changes.
Be part of the $20+ billion weight loss industry, helping nearly 70% of Americans who are overweight.
* Align with an evidence-based program designed by physicians and scientists with proven results
* Be backed by Sanford Health, the largest rural non-profit health system in the nation
*Join an organization that's focused on preventative medicine and bettering the lives of its members.
*Real estate site selection consultation.
*Ongoing operations and management support
*Staff training and certification program.
*Assistance and access to promotions and marketing campaigns.