- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$325K - $535K
- Units as of 2022
-
12 500.0% over 3 years
Company Overview
About 4Ever Young
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Med Spas, Miscellaneous Health Services, Miscellaneous Personal-Care Businesses, Miscellaneous Services, Health & Wellness |
| Founded | 2014 |
| Leadership | Deniz Duygulu and Carlton Washington, Cofounders |
| Corporate Address |
5458 Town Center Rd., #19 Boca Raton, FL 33486 |
| Social |
Business Overview
| Franchising Since | 2019 (5 years) |
|---|---|
| # of employees at HQ | 12 |
| # of Units | 12 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a 4Ever Young franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$60,000 |
|---|---|
|
Initial Investment
|
$325,000 - $535,000 |
|
Net Worth Requirement
|
$500,000 |
|
Cash Requirement
|
$150,000 |
|
Veteran Incentives
|
$2,500 off franchise fee |
|
Royalty Fee
|
7% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | 4Ever Young has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 44 hours |
|---|---|
| Classroom Training | 36 hours |
| Ongoing Support |
Grand Opening
Site Selection
|
| Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 10 |
|
Are exclusive territories available?
|
Yes |
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