Profile by Sanford
#64 Franchise 500| Weight-loss and wellness services

About
Founded

2012

Franchising Since

2014 (6 Years)

Corporate Address

101 S. Reid St., #204
Sioux Falls, SD 57103

Leadership

Nate Malloy, CEO

Parent Company

Sanford Health

Financial Requirements
Initial Investment

$388,500 - $634,500

Net-worth Requirement

$1,250,000

Liquid Cash Requirement

$125,000

Ongoing Fees
Initial Franchise Fee

$49,500 - $49,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

Profile by Sanford has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

$5,000 off first-unit franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

386 hours

Classroom Training:

94 hours

Additional Training:

15 hours annually

Number of Employees Required to Run:

5

Profile by Sanford is ranked #64 in the Franchise 500!
Cost
Initial Investment: Low - $388,500 High - $634,500
Units
+51.1%+45 UNITS (1 Year) +411.5%+107 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: July 28th, 2020