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Below is an in-depth analysis and side-by-side comparison of Inaara MedSpas vs Sirius Day Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 - $600,000 | $410,275 - $764,775 |
Franchise Fee | $100,000 | $39,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 1% |
Year Founded | 2002 | 2017 |
Year Franchised | 2003 | 2017 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Sirius Day Spa looks for people with high business acumen and management skills. Franchisees must manage an entire team from spa directors, spa coordinators, estheticians, massage therapists, nail technicians and cosmetologists. The common saying in franchising is that a franchisee will be as successful as they try to be. Owning your own business requires a lot of work and therefore Sirius Day Spa looks for those people who have the drive to succeed. | |
Financing Options |
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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 |
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Training | - | On-The-Job Training: 2 weeks Classroom Training:1 week |
Support | Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Regional Advertising |
Operations |
Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Be a part of the rapidly growing $17 billion luxury Day Spa service
industry. Everybody is looking for ways to relax and be pampered to help
reduce the stress of their everyday lives. This industry has been
dominated by expensive destination day spas and laser-focused single
service concepts like Massage Envy, European Wax, Dry Bar, and others -
UNTIL NOW. At Sirius Day Spa our goal is simple - provide all of those
luxurious spa services that everyone desires, under one roof, in
convenient locations at affordable rates.