Be Your Own Boss Own A Phoenix Botox Franchise
There is a great demand for therapy treatments to delay the signs of aging. The technological advances in skin care have made non-invasive procedures very popular.
There has been a surge of 44% from 2009 in the take up of surgical and non-surgical cosmetic procedures.
The popularity of Botox injections, laser hair removal, facial peeling and micro-dermabrasion has gone up by just over fifty percent.
The beauty of this business is that it is a cash based, hardly any administration, no medical billing. Its a positive business dealing people who want to stay healthy.
Dermacare Laser and Skin Care Clinics was launched in July 2001 and offers you the opportunity to work for yourself .
The business model has been very successful over the last decade. There are many more franchises planned in Phoenix.
In Arizona Phoenix there are 14 spas with another ten planned for 2010.
The qualifications to apply for the franchise are very strict, because of the nature of the business.
Although the owner likes to employ highly qualified medical professionals, it does not rule out individuals who can employ such people to run the franchise.
A physician is required to over look the running of the overall practice, but does not have to present for every treatment.
To apply for the franchise is really simple.
You can still apply and submit a qualified physician that has to be approved by the company.
Once the franchise is up and running, you can see a considerable financial improvement after six months.
Before you go ahead and pay any money make sure you look at all the calculations of existing franchises.
Before you spend a lot of money make sure you examine all the financial documents.
A professional and analytical way is to look at their other working franchises and see how long they have been in business.
No company will ever be able to give you the exact weekly income of your franchise, but you can make future projections.
The weekly takings: Multiply hours of the week by five treatment rooms. You have the billing hours. Work out the cost per treatment per hour i. E. 500 dollars.
Times 500 dollars by the billing hours and you should have a gross income per week.
Put all that onto an Excel spreadsheet and you will have the exact billing hours per week. These figures are based on the spa working at twenty percent efficiency level.
The reputation of your spa will run on how the physician handles the treatment and attitude towards clients.The whole business can be resold on net income.
To recap if your net income for the previous year was of 2 million dollars then you could sell the franchise for 6 million dollars.
Phoenix is a very big territory and has a population of 3.7 million. The company feel, if they were to launch ten clinics in the area would be just right.