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Below is an in-depth analysis and side-by-side comparison of Grand Royal Spa vs Urbana Wellness 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 | $32,900 - $50,000 | $420,000 - $500,000 |
Franchise Fee | N/A | N/A |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 2004 | 2006 |
Year Franchised | 2004 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 | Active operators who have strong work ethics, focus on excellent spa services and guest experiences, and love hosting spa parties. Ready to embrace the mission of enriching peoples' lives by creating the kind of wellness spa experiences that demand an encore. Prior business experience, financial qualifications, motivation, team spirit and a track record of personal success. * Collective net worth of at least $500,000, with liquid assets greater than $150,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). * Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. * Willingness of all investors to personally guarantee any obligations that are required under the license agreement. * Belief that guest experience is of critical importance in spa business. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Available at Central Office: 2 weeks. Additional 1 week training on location. |
Support | - | The Urbana franchise program uses a specialist system by providing expert guidance to each spa's functional lead personnel. Once every week or on a biweekly basis, our specialist will touch base with each spa's counterpart to ensure that each franchise location is tracking critical key metrics and offering best practices that have been tried and tested in resolving issues at hand. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
* 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