
Modern Acupuncture
Acupuncture- Units as of 2020
-
47 (46 added in 3 years)97.9%
- 2021 Franchise 500 Rank
-
#230 Not ranked last year
- Initial investment
-
$258K - $667K
Company Overview
About Modern Acupuncture
- Industry
- Personal-Care Businesses
- Related Categories
- Miscellaneous Personal-Care Businesses, Miscellaneous Health Services, Health
- Founded
- 2016
- Parent Company
- ACU Development Inc.
- Leadership
- Matt Hale, CEO
Franchising Overview
- Franchising Since
- 2016 (5 years)
- # of employees at HQ
- 10
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 47 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Modern Acupuncture 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
- $39,500
- Initial Investment
- $258,377 - $666,772
- Net Worth Requirement
- $500,000
- Cash Requirement
- $425,000 - $500,000
- Royalty Fee
- 7%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Are you unsure which franchise is right for you? Are you unsure which franchise is right for you?
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Modern Acupuncture has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
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
- 40 hours
- Classroom Training
- 28.5 hours
- Additional Training
- Online
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3
- Are exclusive territories available?
- Yes
Buying a franchise is hard, we make it easy
Our Franchise Advisors are here to help make your franchise dreams a reality. They’ll provide guidance and support throughout your journey to make the process of opening a franchise seamless.
Franchise 500 Ranking History
Compare where Modern Acupuncture landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Modern Acupuncture ranked on other franchise lists? Find out below.
Franchise 500 Ranking
Fastest-Growing Franchises
Top New Franchises
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