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Below is an in-depth analysis and side-by-side comparison of Hand and Stone Spa vs Mona Spa and Laser Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $567,626 - $674,476 | $305,700 - $836,000 |
Franchise Fee | $32,500 - $42,500 | $70,000 |
Royalty Fee | 5%-6% | - |
Advertising Fee | 5% | - |
Year Founded | 2004 | 1992 |
Year Franchised | 2004 | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 12 - 15 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | - | - |
Mona Spa and Laser Centers, a MedSpa experience since 1991, relaxes wrinkles and beauty
worries with safe lasers and cellular skin care, by customizing and
combining all technologies for your needs. Highly skilled and
experienced. NP Aesthetic Injector.