VIO Med Spa Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$50,000
Investment required
$942,000 - $1,329,000
Royalty fee
6.00%

VIO Med Spa: Leading the Way in Wellness and Aesthetic Services

VIO Med Spa, founded in 2017 by VIO Franchise Group, LLC, is a boutique medical spa franchise that started its franchising journey in 2018. Headquartered in Strongsville, Ohio, VIO Med Spa specializes in wellness and aesthetic services, quickly establishing a strong presence in the industry by offering a variety of treatments tailored to individual needs.

Their services utilize advanced technologies and therapies designed to combat aging, enhance beauty, and boost confidence. At VIO Med Spa, safety and quality are of utmost importance. The staff undergoes rigorous training and certification to meet national standards, ensuring a high level of care.

The spa provides a comprehensive range of services, focusing on delivering an exceptional and valued experience for guests. This personalized approach aims to positively impact the body, skin, and mind of their clients through tailored treatments and education.

Operating within the rapidly expanding aesthetics industry, which is valued at $15 billion and poised for significant growth, VIO Med Spa maintains a strong market position through its scale and ongoing expansion. The franchise attracts a broad demographic, including Baby Boomers, Gen X, and Millennials, by leveraging the growing social acceptance of aesthetic services.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $50,000
Construction and Leasehold Improvements $285,000 – $425,000
Lease Deposits $12,750 – $15,937
Lease Common Area Maintenance & Charges (CAMS) $540 – $810
Furniture, Fixtures and Equipment $314,621 – $473,621
Initial Inventory $99,982 – $124,977
Signage $7,950 – $15,000
Grand Opening Marketing $20,000 – $25,000
Computer, Software and Point of Sales System $26,210 – $32,762
Utility Deposits $1,000 – $2,000
Insurance Deposits $17,000 – $20,000
Travel for Initial Training $4,500 – $5,625
Professional Fees $7,500 – $20,000
Licenses and Permits $700 – $1,000
Printing, Stationary, and Office Supplies $19,000 – $23,750
Additional Funds – Three Months $75,000 – $93,750
Total Estimate $941,753 – $1,329,232

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Number of units

2023
Franchised units

8

9

15

Company-owned units

1

1

2

Total units

9

10

17

Franchise Disclosure Document

Training 

The V/O Med Spa franchisor offers an extensive training program for franchisees, comprising the following essential components:

Initial Training

  • Participants: The Managing Owner and one manager are required to complete the franchisor's initial training program.
  • Duration and Content: This training is scheduled no later than 45 days before the planned business start date and includes essential aspects of operating the franchise. It involves both classroom and on-the-job instruction at a location chosen by the franchisor.
  • Additional Participants: If more than two individuals from the franchisee’s team wish to attend, there is an additional fee of $1,000 per person.

Supplemental Training

  • Provision and Cost: The franchisor may provide supplemental training on-site at the franchisee's location or remotely. The fee for this training is $5,000 per trainer per day, plus travel and accommodation expenses.
  • Circumstances for Supplemental Training: This training is required when a new Operating Manager is hired or if the franchisor determines that the franchisee is not meeting operational standards.

Refresher and Additional Training

  • Obligation: Franchisees must attend and successfully complete all refresher training courses, system-wide training courses, additional training programs, and seminars as specified by the franchisor.
  • Cost Responsibility: Franchisees are responsible for all expenses related to attending these programs, including transportation, lodging, meals, and wages.

Territory Protection

The VIO Med Spa franchise system does not provide exclusive territory protection for its franchisees. This means franchisees may encounter competition from other VIO Med Spa franchisees, franchisor-owned outlets, or other distribution channels controlled by the franchisor, even within their designated operational territory.

Additionally, the franchisor reserves the right to develop and expand its brand through various means, which could include opening new locations, launching e-commerce platforms, or entering into partnerships with third-party service providers. As a result, franchisees must be prepared to maintain high standards of service and continuously innovate to stay competitive within their market.

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