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Below is an in-depth analysis and side-by-side comparison of Sona MedSpa vs Glamour Secrets/Trade Secrets 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 | $200,000 - $350,000 |
Franchise Fee | $59,500 | $25,000 |
Royalty Fee | 10.75% | 6% |
Advertising Fee | - | - |
Year Founded | 1997 | 2001 |
Year Franchised | 2002 | 2003 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 25% of franchise fee | - |
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 | - | - |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
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
Glamour Secrets is Canada's pioneer one stop beauty shop with a full service salon and over 4,000 high quality Salon products for sale under one roof. The beauty industry is booming. Glamour Secrets is positioning itself for explosive growth with this recession proof industry. With over 65 locations with its parent company Trade Secrets , Glamour Secrets is looking for franchisees in ON and QC to join its success story.