Modern Acupuncture

Modern Acupuncture

Acupuncture
Find out what franchise is right for you
2021 Franchise 500 Rank
#230 Not ranked last year
See the Full List
Initial investment
$258K - $667K
Units as of 2021
44 91.3% over 3 years

Company Overview

About Modern Acupuncture

Founded
2016
Parent Company
ACU Development Inc.
Leadership
Matt Hale, CEO

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
9
# of Units
44 (as of 2021)

Franchisor Information

Corporate Address
17550 N. Perimeter Dr., #100
Scottsdale, AZ 85260

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

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-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3-6
Are exclusive territories available?
Yes

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.

Ranked #230

Franchise 500 Ranking

Ranked #46

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021