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Updated RecentlyLotusea Franchise
Corporate wellness services
Sandra Parks Breeding quit her job as a hospital administrator to found Lotusea Wellness Group in 1990. The company decreases the cost of health care for groups and corporations that offer health-care benefits to employees by educating them about care options and offering lab testing, risk analysis, stress management, consultations and other services.
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How much does it cost to open a Lotusea Franchise?
The investment required to open a Lotusea Franchise is between $56,800-$96,200. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Lotusea name.
Individual Unit Costs
- Initial Investment:
$56,800-$96,200 - Initial Franchise Fee:
$35,000 - Royalty Fee:
7-8% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
20% of franchise fee
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When did Lotusea start Franchising? 2000
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2003 | 2 | 0 | 0 | 1 |
| 2002 | 3 | 0 | 0 | 1 |
| 2001 | 2 | 0 | 0 | 1 |
| 2000 | 0 | 0 | 0 | 1 |
| 1999 | N/A | N/A | N/A | 0 |
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Meetings, Toll-free phone line, Grand opening, Internet
Marketing
Ad slicks, National media, Regional advertising
Franchise can be run from home.
0% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
To calculate how much income a franchise owner can do at Lotusea Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Lotusea and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Lotusea franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Lotusea
Lotusea Franchising Group Inc.
150 View Bend
Johnson City,
TN
37601