Ideal Image

Laser hair removal
Year began: 2001    Franchising since: 2004

4830 W. Kennedy Blvd., #440
Tampa, FL 33609

Phone: (813)286-8100
Fax: (866)866-4390

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

Franchisee Association
Ideal Image National Advisory Council

Franchise Growth
Year

2007
2006
2005
2004
U.S. Franchises
60
44
31
6
Canadian Franchises
0
0
0
0

Foreign Franchises
1
1
1
0
Company
Owned
7
6
2
0

Where Seeking Franchisees
Nationwide

Outside the U.S.:

Exclusive territories available.

Costs & Fees
Total investment: $551.3K-903.4K
Franchise fee: $25K-35K
Ongoing royalty fee: 9%
Term of agreement: 10 years, renewable
Renewal fee: $10K or 25% of current fee
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoYes
InventoryNoYes
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Net worth requirement: $750K+
Cash liquidity requirement: $450K

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 & 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 in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#470 (2007);

Last Updated: 5/15/2007 12:00:00 AM



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