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Below is an in-depth analysis and side-by-side comparison of Renuva Back & Pain Centers vs spa810 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $106,500 - And Up | $295,800 - $1,023,000 |
Franchise Fee | $30,000 | $45,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | - | 2007 |
Year Franchised | - | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | In today's economy it is very common to receive build out money as well as several months of free rent from your landlord in order to make a deal. Spa810 does not guarantee that you will not have additional expenses. Requirements for single unit: Liquid Capital: Minimum $90,000 Net Worth: $350,000 Investment Range For Regional Developer $50,000-$350,000 (inclusive of $45,000 Single Unit) Liquid Capital: Minimum $150,000 Net Worth: $500,000 |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
When treating pain, many options like medication and injections focus on managing the pain versus fixing the cause. So, it's no surprise Renuva's proprietary non-surgical and drug-free therapies, which address the cause of the pain, are quickly becoming the preferred choice for long-term pain relief. An innovative, non-surgical and drug-free therapy that relieves muscle and joint pain through the use of Deep Tissue Laser Therapy. Renuva provides innovative pain-relief therapies, as an alternative to harmful prescription drugs, ineffective injections and high-risk surgery. Renuva's compassionate doctors and staff utilize leading edge technologies to provide an exceptional patient experience. Renuva's CoreCare therapy is a multidisciplinary, non-surgical and drug-free approach to treating spine related pain, that combines leading-edge technology from four medical specialties: pain management, sports medicine, orthopedic medicine and physical therapy.
As consumer demand increases for affordable and convenient anti-aging treatments, and pain-free laser hair removal, so does the demand for spa810 growth. Spa 810 offers 3 distinct services under one roof: - Laser (both pain- free hair removal and laser cosmetic procedures) - Facials - Massage This dynamic brand is positioned for rapid growth in both the National and International Marketplace. The spa810 management team consists of health care professionals, as well as some of the top executives in the franchise industry. This team has the vision and tools necessary to take spa810 to the top of the industry. The spa810 team is dedicated to our franchisee's success and in supporting and assisting them in achieving their goals. Qualified franchise prospects can purchase a single unit or multi-units, or become regional developers for exclusive territories in the U.S. Find out how affordable it can be to open your own Spa810 Laser & Skin. The total single unit investment necessary to begin operation of a spa810 franchise can be as low as $295,800. This includes: Initial franchise fee of $45,000 Build out Signage Equipment Initial inventory Working capital Grand opening advertising We collect a 6% royalty and 1% for National Advertising