Grand Royal Spa vs iCRYO Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Grand Royal Spa vs iCRYO including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Grand Royal Spa Franchise
iCRYO Franchise
Investment $32,900 - $50,000$285,400 - $597,800
Franchise Fee N/A$39,000
Royalty Fee -5.5%
Advertising Fee -1%
Year Founded 20042015
Year Franchised 20042017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Grand Royal Spa Franchise
iCRYO Franchise
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
 
Grand Royal Spa Franchise
iCRYO Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Grand Royal Spa Franchise
iCRYO Franchise
Training -On-The-Job Training: 36 hours Classroom Training: 22 hours iCRYO Cryotherapy has an exclusive cryotherapy training program that will prepare you for your new business. This includes corporate, in-center, and on-going training support. We make sure that you are an elite cryotherapy specialist in the industry.
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
Grand Royal Spa Franchise
iCRYO Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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

About iCRYO

iCRYO offers an affordable, convenient, and professional franchise opportunity for Cryotherapy. Bring Cryotherapy to your area with a retail location, inside a gym, or as an additional service to your business. We have the systems and training in place to support you in bringing the iCRYO experience to your community.