| ||||
Updated RecentlyNature's Soap Dish vs Grand Royal Spa Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nature's Soap Dish vs Grand Royal Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $80,000 | $32,900 - $50,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 3% | - |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2004 |
| Year Franchised | 2002 | 2004 |
| Term Of Agreement | 2 years | - |
| Term Of Agreement | 2 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | � Letter of intent stating: - work and business background of franchisee - specified location for the intended Grand Royal Spa branch � Minimum of 120 sq meters space requirement � Approximately capital investment of PhP1.5 million � Franchisee must be willing to undergo seminar and training � Franchisee must have a keen business sense and strong business responsibility |
|
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Nature's Soap Dish
Nature's Soap Dish is on the pages of http://www.franchisefailure.com/natures-soap-dish-franchise-failure/
About Grand Royal Spa
* Now Grand Royal Spa boasts of five franchise branches all over Luzon and Visayas.
* Grand Royal Spa has come to established a name synonymous with quality service and relaxing ambience Therefore, a Grand Royal Spa franchise is a wise investment with the assurance of a wide market so you can be sure to recoup your investment in a short period of time.
Inclusions in the franchise:
* Right to name
* Propriety Marks
* Systems and Operations Flow
* Marketing Strategies and Assistance
* On Going System and Personnel Support
* Architectural Plans
* Interior Design
* Hiring/Screening of Therapists
* Marketing/Advertising Materials
* Trainings of Franchisee and Therapists
Be part of the Grand Royal Spa Family
* Enjoy the benefits of a profitable health and wellness spa company
* We offer excellence in terms of service and customer care
Be a franchisee now