HerLife Magazine

At a Glance

Products & Services: Women's magazine

Number of Locations: 5

Total Investment: $50K - $95K

Founded: 2007

Began Franchising: 2010

Franchise Units

Year U.S. Canadian International Company Owned
2012 3 0 0 2
2011 5 0 0 2
2010 3 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $50,000 - $95,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $100,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: 3 days.
Ongoing Support: Newsletter, Meetings, Internet, Field operations/evaluations

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