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Home >> Beauty-Related >> Cosmetic Aids/Services
| Elite Med Spa 601 S. Harbour Island, #103 Tampa, FL 33602 |
Submit an online form to receive information from Elite Med Spa.
• Coupons |
Business Description
The medical spa industry has doubled in the last 4-5 years and will double again in the next 2 years. We are dedicated to providing our customers with a rejuvenating experience -- from laser hair removal to botox to dermafiles to products. We offer a more comprehensive suite of services and products relative to others. Elite Med Spa offers a proven, successful management team with you every steap of the way and a complete turnkey franchise.
Franchisor Background
Year Established: 2003
Franchising Since: 2006
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 2 Full-time, 2 Part-time
Space Needs (in square footage): 800
Preferred Sites:
Other Sites: Office Space
Encourage Conversions? Not Applicable
Earnings Claims Provided?: Yes
The medical spa industry has doubled in the last 4-5 years and will double again in the next 2 years. We are dedicated to providing our customers with a rejuvenating experience -- from laser hair removal to botox to dermafiles to products. We offer a more comprehensive suite of services and products relative to others. Elite Med Spa offers a proven, successful management team with you every steap of the way and a complete turnkey franchise.
Franchisor Background
Year Established: 2003
Franchising Since: 2006
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 0 | 0% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 2 | 100% | |||||||||||||||||||||||||||||
Total Operating Units: | 2 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Florida | 2 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $200K-1MM |
| Cash Investment: | $135K |
| Total Investment: | $135-250K |
| Average Total Investment: | $192K |
| Fees: | |
| Initial Franchise Fee: | $85K |
| Average Franchise Fee: | $85K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 800
Preferred Sites:
Other Sites: Office Space
Encourage Conversions? Not Applicable
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 1 Year(s) | ||||||||
| Term of Renewal Period: | 1 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 0 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Not a Member | ||||||||
| Size of Corporate Staff: | 7 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Indirect | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | Yes | ||||||||
| Regional Advertising: | Yes | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Online Extranet | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Franchise Location | Clinical procedure training, 2 Days | ||||||||
| 2. Franchise Location | Laser hair machine training, 2 Days | ||||||||
| 3. Franchise Location | Franchise operations training, 2 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Elite Med Spa.
• Coupons |
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