Profile by Sanford Franchise - Weight-loss & Wellness Service
Profile by Sanford Franchise Opportunities
Profile by Sanford franchise is a concept created by physicians, scientists and entrepreneurs which helps people lose weight while bringing a good profit to a franchise owner. The business was initiated in 2012 and has grown to 133 franchise units so far. An ever growing chain proves Profile by Sanford weight-loss & wellness service franchise lucrative opportunities. If you are looking for a profitable business idea which will allow you to help people to be healthier, stop here. Profile by Sanford franchise is exactly what you need. The franchisor offers a lot of benefits such as management support, a certification course for staff and training for you, help with promotion and IT support.
How to open a Profile by Sanford franchise?
- Ensure you have adequate capitalization.
In order to open the Profile by Sanford weight-loss & wellness service franchise, you must have a net worth of $1,250,000.
- Appreciate the investment required for a weight-loss & wellness service franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Profile by Sanford weight-loss & wellness service franchise owner.
- Assess market availability.
You will want to look at the market availability for Profile by Sanford franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Profile by Sanford franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Profile by Sanford franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the Profile by Sanford franchise cost?
Profile by Sanford has a franchise fee of up to $49,500, with a total initial investment range of $388,500 to $634,500.
Net-worth Requirement: $1,250,000
Liquid Cash Requirement: $125,000
Profile by Sanford Initial Investment
Initial Investment: $388,500 - $634,500.
Initial Franchise Fee: $49,500
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2%
On-The-Job Training: 386 hours
Classroom Training: 94 hours
Additional Training: 15 hours annually
Number of Employees Required to Run: 5
Profile by Sanford website: www.profileplan.com
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- Starting investments from:$388,500
- Company type:Health care
- Company foundation year2012
- Year of launching the franchise2014
- Franchise enterprises:133
- Franchisees in USA:133
- Corporate Address:101 S. Reid St., #204 Sioux Falls, SD 57103