VIO Med Spa FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a VIO Med Spa business that, either: offers and sells skincare, cosmetic health and wellness med spa products and services to customers from a retail store facility under the VIO Med Spa name and marks, or; offers and sells management, marketing and facility based services to medical practices and licensed professionals offering and providing skin care, cosmetic health and wellness med spa products and services under the VIO Med Spa name and marks. The franchisor offers individual unit Spa Location Franchises and area development franchises for the development of multiple Spa Location Franchises.
Corporate Information
VIO Franchise Group, LLC is an Ohio limited liability company established on January 30, 2018. Their business address is 13461 Pearl Road Strongsville, OH 44136. They began offering franchises on September 10, 2018.
Investment
The estimated initial investment necessary to begin operation of a Spa Location Franchise under a Franchise Agreement is $938,034 to $1,240,148. This includes $50,000 that must be paid to the franchisor or its affiliates. The estimated initial investment necessary to begin operation of a Spa Location Franchise under a Multi-Unit Development Agreement depends on the number of Spa Location Franchises that you are authorized to develop and ranges from $1,011,034 to $1,544,148. This includes $123,000 to $354,000 that must be paid to the franchisor or its affiliates and a development fee of $40,000 for your second Spa Location Franchise and $33,000 for each additional Spa Location Franchise, over and above your second Spa Location that you are authorized to develop under the Multi-Unit Development Agreement.
