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Below is an in-depth analysis and side-by-side comparison of Sona MedSpa vs Sharkey's Hair It Is 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 | $106,170 - $138,995 |
Franchise Fee | $59,500 | $99,995 |
Royalty Fee | 10.75% | $1000/Month |
Advertising Fee | - | - |
Year Founded | 1997 | - |
Year Franchised | 2002 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 25% of franchise fee | - |
Business Experience Requirements |
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Experience | We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun. |
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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 | - | 4 day comprehensive training |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing |
Marketing | Ad slicks | - |
Operations | - | For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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