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Elite Med Spa
601 S. Harbour Island, # 103
Tampa, FL 33602
800#: (888) NO-SHAVING
Tel: (813) 870-1125
Fax: (813) 221-0350
E-Mail: [email protected]
Web Site: www.elitemedspa.com
Contact: Mr. Vijay R. Tummala, VP Sales and Marketing
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. Franchise offers a proven, successful management team with you every step of the way and a complete turnkey franchise.
Franchisor Background
Established: 2003
First Franchise: 2006
Franchise Units: 0
Company-Owned Units: 2
Total Units: 2
Distribution:
U.S. -- 2;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 2 in FL
Projected New Units Over Next 12 months:
Franchisee Qualifications: 3, 4, 4, 3, 3, 4
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 2 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 800 SF; FS, Off. Space w/ Patient Room
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $135K+
Total Investment: $135-250K
Average Total Investment: $135.0K
Minimum Net Worth: $$1MM
Fees:
-Franchise: $85K
-Average Franchise Fee: $85.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 1/1
Passive Ownership: Discouraged
Area Development Agreements: Yes/TBD
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 7
On-Going Support: C,D,E,h (Click here for an explanation)
Training: 2 Days Clinical Procedure; 2 Days Laser Hair Machine; 2 Days Franchise Operations - All at Franchise Location.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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