dermani MEDSPA Franchise Costs $327K – $669K (2024 Fees & Profits)

Founded in 2013 and franchised since 2019, dermani MEDSPA® is a franchise in the health and aesthetics spa industry, which is part of a growing $20 billion market expected to expand significantly in the coming years.

The franchise focuses on a comprehensive approach to aesthetics, offering a range of services designed to enhance wellness and confidence. What sets dermani MEDSPA® apart is its emphasis on using best-in-class, FDA-cleared equipment and top-quality products, ensuring a high standard of service for its clientele.

The franchise is headquartered in Windermere, Florida, at dermani MEDSPA® Franchising, LLC. While the exact date of founding and the start of its franchising operations were not explicitly mentioned, the franchise has established itself as a reputable player in the medspa sector, with multiple locations showcasing the success and reliability of its business model.

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Initial investment

Here’s what you can expect to spend to start a dermani MEDSPA franchise.

Type of Expenditure	Amount
Initial Training Fee	$5,000
Initial Licensing Fee	$0 – $2,500
Site Selection and Construction Oversight	$0 – $5,000
Architectural and MEP Plans	$5,000 – $12,000
Real Estate; Prepaid Rent, Utility, and Security Deposit	$20,000 – $40,000
Leasehold improvements	$30,000 – $150,000
Signage	$5,000 – $15,000
Furniture and Fixtures	$20,849 – $32,526
dermani MEDSPA® Equipment	$94,689 – $199,450
Initial Inventory	$30,000 – $40,000
Office Equipment, Computers and Supplies	$4,750 – $8,550
Business software	$545 – $1,000
Business licenses and permits	$2,000 – $4,000
Professional Fees	$3,000 – $8,000
Insurance premiums	$4,500 – $12,000
Travel and living expenses during training	$2,000 – $4,000
Grand Opening Marketing	$20,000
Additional Funds (3 Months)	$30,000 – $60,000
Total Estimated Initial Investment	$326,833 – $668,526

Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.

Franchise fees & Royalties

Here are the main ongoing fees the franchisor will ask you to pay going forward to run the franchise.

Initial Franchise Fee

You agree to pay a non-recurring initial franchise fee in the amount of $55,000. The initial franchise fee is payable in a lump sum upon execution of the Agreement, is fully earned by us when paid, and is not refundable under any circumstances.

Royalty Fee

A Royalty Fee equal to five percent (5%) of the Gross Revenues of the Franchised Business is due each week on or before the Wednesday of each week calculated on the Gross Revenue for the prior week.

Marketing/Advertising Fee

Up to 2% of Gross Revenue, currently set at 0.25%, is due each week for system marketing fees. Additionally, a minimum of $500 each month must be spent on local advertising and marketing.

Technology Fee

The current Social Media/Technology Fee is $300 per month, with a maximum required fee not to exceed $500 each month. The current Software Fee is $400 per month.

Transfer Fees

The Transfer Fee is 50% of the then-current initial franchise fee. If transferring an Area Development Agreement, the fee is $10,000.

Renewal Fees

The Renewal Fee is 10% of the then-current initial franchise fee, payable if you choose to enter into the then-current Franchise Agreement for a successor term.

Management Fees

The current Online Management Fee is $985 per month.