- 2023 Franchise 500 Rank
N/R Ranked #289 last year
- Initial investment
$399K - $656K
- Units as of 2022
67 49% over 3 years
Profile by Sanford is committed to helping individuals reach their goals in health, nutrition, and weight loss. Founded in 2012, Profile by Sanford offers nutrition plans and guides to people of all shapes and sizes by providing custom quality nutrition programs that work.
You do not need to be a licensed nutritionist to run a Profile by Sanford franchise, although it will help. The franchise will provide you with the training you need to run a successful business. The perfect candidate for a Profile by Sanford franchise is someone who is passionate about health and encouraging people to improve their lives.
Why You May Want to Start a Profile by Sanford Franchise
Opening a Profile by Sanford franchise will result in you becoming an integral part of people’s growth and development. Their custom nutrition plans strive to help people find a healthy balance in their relationship to food, making them healthier and happier. Being part of such an intimate and personal journey will allow you to positively impact the rest of their lives.
A Profile by Sanford franchise is an opportunity to be a part of a positive and uplifting health culture. The company focuses on the individual needs of each client. You get access to their doctors, nutritionists, and dieticians as you guide your clients to a healthier life. Profile by Sanford believes in encouraging healthy eating habits in order to build an overall healthy life. This attitude has prompted a shift in 'diet culture' and offered a more sustainable view of healthy eating.
What Might Make Profile by Sanford a Good Choice?
Through a science-based approach coupled with compassionate nutrition coaching, Profile by Sanford has given thousands of people incredible results. In turn, this has increased client trust.
The health and wellness industry is booming, and the weight loss sector alone holds a large chunk of that value. Profile by Sanford has carved out a good name for itself in the market with its scientific nutrition programs. Their success is proved by testimonials from thousands of people. Owning a Profile by Sanford franchise will give you a chance to break into the steadily growing fitness industry.
Profile by Sanford also offers third-party financial help with startup costs to franchisees.
How Do You Open a Profile by Sanford Franchise?
To start a Profile by Sanford franchise, you need to have liquid assets and significant net worth. Startup investments can vary depending on your franchise's details, and there is also an initial franchise fee. In addition, being prepared to pay an ongoing royalty fee and an ad royalty fee on top of your regular expenses is an excellent idea for starting your journey as a franchisee.
Once your finances are in order, you can then apply for franchise consideration. Once you have signed on board, you will attend an intensive training program. Profile by Sanford will walk with you the entire way, even after opening. Take the first step with Profile by Sanford, and you will be running towards your future in no time.
About Profile Plan Nutrition + Wellness
|Industry||Health & Wellness|
|Related Categories||Miscellaneous Health Services, Weight-Loss Services|
|Parent Company||Profile Plan LLC|
|Leadership||Nate Malloy, CEO|
4800 W. 57th St.
Sioux Falls, SD 57108
|Social||Facebook, Twitter, LinkedIn, Instagram|
|Franchising Since||2014 (2023-2014 years)|
|# of employees at HQ||45|
This company is offering new franchisees throughout the US.
|# of Units||67 (as of 2022)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Profile Plan Nutrition + Wellness franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$399,000 - $656,000|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|$5,000 off first-unit franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
|On-The-Job Training||386 hours|
|Classroom Training||94 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||5|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Profile Plan Nutrition + Wellness? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Profile Plan Nutrition + Wellness landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Profile Plan Nutrition + Wellness ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to Profile Plan Nutrition + Wellness.
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