QUESTIONS ABOUT A dermani MEDSPA® FRANCHISE
Clinics will be required to operate under the license of a medical doctor who will act as the medical director for the clinic and therefore does not require the franchise owner to have a medical background. The dermani MEDSPA® franchise could work for someone with good business acumen, operations experience, and someone who could build a good team of estheticians.
Franchisees receive initial and ongoing training, national business meetings or annual conventions, as well as remote support via phone, email. We offer assistance with site selection and build-out, clinic design assistance, and consultation. For new franchisees, assistance in planning and ordering initial inventories from national suppliers is provided, as well as ongoing efforts to negotiate favorable payment terms with suppliers to the system. The dermani MEDSPA® team provides grand opening marketing and promotion guidance and support, a confidential Operations Manual, sales and marketing programs and materials that will assist in the promotion of the business.
Based upon our experience in establishing dermani MEDSPA®s in the greater Atlanta, Georgia area, the total estimated initial investment necessary to begin operations ranges from $326,833 to $668,526 for a single start-up location. This estimate includes a $49,500 initial franchise fee. As with any new venture, it’s important to have adequate capital to fund the initial business growth stages. Please review Item 7 of our 2023 FDD for additional information and details regarding the estimated initial investment for a dermani MEDSPA® franchise.
As with any business, your revenue and profits will depend in part on your skill and effort as a businessperson, and as a leader of your dermani MEDSPA® and your employees. For some perspective on this, our 2023 FDD includes historical results from our company-owned and franchised dermani MEDSPA®s. For qualified candidates we will review the specifics as we present a good amount of detailed information in our item 19. Our 2023 FDD includes 12-month trailing Gross Revenues and Net Operating Profit as of December 31, 2022 for our five company owned locations that were open for more than 12 months as of December 31 2022. These five locations had Gross Revenues (as defined in Item 19 of our FDD) that ranged from a high of $2,505,928.61 to a low of $1,470,501.54.
Please see Item 19 of our 2023 FDD for additional important information and details. In any event, you should also conduct an independent investigation of the costs and expenses you will incur in managing your dermani MEDSPA®.