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Franchise 500 2023
2024 Franchise 500 Rank
#339 Not ranked last year
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Initial investment
$942K - $1.3M
Units as of 2023
36 Increase 620.0% over 3 years

Company Overview

About VIO Med Spa

Industry Personal-Care Businesses
Related Categories Med Spas, Salon & Spa Services, Health & Wellness
Founded 2017
Parent Company V/O Franchise Group
Leadership Ryan Rose, CEO
Corporate Address 3991 N. Jefferson St.
Medina, OH 44256
Social Facebook, Instagram

Business Overview

Franchising Since 2018 (6 years)
# of employees at HQ 14
Where seeking

This company is offering new franchises throughout the US.

# of Units 36 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a VIO Med Spa 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 Information Circle
$50,000
Initial Investment Information Circle
$941,753 - $1,329,232
Net Worth Requirement Information Circle
$1,000,000
Cash Requirement Information Circle
$250,000
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
1.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 VIO Med Spa has relationships with third-party sources which offer financing to cover the following: franchise fee, 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 198 hours
Classroom Training 42 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 8-11
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where VIO Med Spa landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022