|
Below is an in-depth analysis and side-by-side comparison of Grand Royal Spa vs medspa810 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $32,900 - $50,000 | $93,150 - $689,500 |
Franchise Fee | N/A | $69,500 |
Royalty Fee | - | 7% |
Advertising Fee | - | - |
Year Founded | 2004 | 2018 |
Year Franchised | 2004 | 2019 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
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