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Ideal Image

Laser hair removal

Background

Founded: 2001 Franchising since: 2004
Address:
4830 W. Kennedy Blvd., #440
Tampa, Florida 33609
Phone:
(813)286-8100

Franchisee Association
Ideal Image National Advisory Council

Franchisor is a privately-held company with 20 employee(s); 4 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 60 0 1 7
2006 44 0 1 6

Where Seeking Franchisees
Nationwide

Exclusive territories available.

Costs and Fees

Total investment: $551,300 - $903,400
Franchise fee: $25,000 - $35,000
Ongoing royalty fee: 9%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $750,000
Cash liquidity requirement: $450,000

Operations
  • 63% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4 - 4
  • Absentee ownership of franchise is allowed. (12% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2-4 weeks
  • At franchisee's location: As needed
  • Ongoing online training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Regional advertising

Other marketing support
  • Market-specific ad campaigns

Rankings

Franchise 500® rank:
#470 (2007);


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