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Below is an in-depth analysis and side-by-side comparison of Sona MedSpa vs Supercuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $382,000 - $747,500 | $151,370 - $321,020 |
Franchise Fee | $59,500 | $39,500 |
Royalty Fee | 10.75% | 6% |
Advertising Fee | - | 5% |
Year Founded | 1997 | 1975 |
Year Franchised | 2002 | 1979 |
Term Of Agreement | 15 years | Conditional |
Term Of Agreement | 15 years | Conditional |
Renewal Fee | 25% of franchise fee | Remodeling costs |
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 | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | Training center utilized |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Ad slicks | Ad slicks, National media |
Operations | - |
Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8
Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
At Sōna Dermatology, we take an
integrated, clinically-led approach to skincare that brings two worlds
of medical dermatology and cosmetic dermatology together - care that
leads to great skincare outcomes, health and vitality across a lifetime.
In our four decades of clinical and
cosmetic experience, we’ve built the clinical and cosmetic experience
and expertise to give our patients the very best skincare results,
optimizing skin health, skin appearance and quality of life
Supercuts' originator, EMRA Corp. was established in 1975 by Geoffrey M. Rappaport and Frank E. Emmett. The general population organization has been diversifying since 1979. Supercuts Inc. procured EMRA in 1987. It's situated in Minneapolis, Minnesota, and has areas all through the United States.
Owning, working, or diversifying more than 10,000 salons around the world, Regis Corporation has an unmatched profundity of mastery for building salons that flourish. A Fortune 1000 organization, we are headquartered in Minneapolis, Minn. also, publically exchanged on the NYSE (RGS).
Our relentless duty to a positive visitor encounter has made Regis the worldwide pioneer in hair mind administrations and instruction, which you can put to utilize quickly as a franchisee. You won't locate a more grounded partner in the quest for your expert objectives.
Claim a Business Everyone Needs. With a Brand Everyone Loves.