|
Below is an in-depth analysis and side-by-side comparison of Discount Sport Nutrition vs Nutrition House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $92,744 - $185,344 | $50,000 - $75,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | 1% | - |
Year Founded | 1996 | 1979 |
Year Franchised | 2000 | 1993 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $25K | - |
Business Experience Requirements |
||
Experience | - | |
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, 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 |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is allowed. (33% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Discount Sport Nutrition started its life as an e-tailer, first selling supplements and vitamins via its Web site in 1996. In 2000, the company opened its first stores in Texas and Oklahoma before offering franchises later that year.
Retail "Lifestyle" stores featuring proprietary and national brands of vitamins, supplements, body care, weight loss, sports nutrition and health related products. Stores feature a 'Sante Fe' design and are located in major malls and Big Box "Lifestyle" centres across Canada.