16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Medspa Institute of America franchise ranges from $102K to $200K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Medspa Institute of America is $45K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Medspa Institute of America 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a Medspa Institute of America franchise requires a physical location (2024 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisMedspa Institute of America charges a royalty fee of 7.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Medspa Institute of America franchise is approximately 8.0% of gross sales (2024 FDD). This includes the royalty fee, a 1.0% marketing/advertising fund contribution, a $400/month technology fee, and other recurring charges.
View full fees analysisMedspa Institute of America has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Medspa Institute of America franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisMedspa Institute of America offers exclusive territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisMedspa Institute of America currently operates 1 locations (2024 FDD) (0 franchised, 1 company-owned). The system grew by 0.0% over the past year. The 3-year compound annual growth rate is 0.0%.
View full growth analysisThe 1-year franchisee turnover rate for Medspa Institute of America is 0.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisMedspa Institute of America does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Medspa Institute of America is 10 years (2024 FDD). Franchisees can renew 2 times for 5-year periods. The total potential term is 20 years.
View full contract analysisMedspa Institute of America's post-termination non-compete clause restricts former franchisees from operating a competing business for 1 year within 25 miles of the former location (2024 FDD).
View full legal analysisNo, Medspa Institute of America's franchise agreement does not require mandatory arbitration (2024 FDD). Disputes may be resolved through litigation.
View full legal analysisMedspa Institute of America provides 147 hours of initial training (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, Medspa Institute of America provides site selection assistance to help franchisees find the right location (2024 FDD). The franchisor also provides technology support and systems.
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