Start a Profile Plan Nutrition + Wellness Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $399K - $656K

Units as of 2022: 67 49% over 3 years

Profile by Sanford is committed to helping individuals reach their goals in health, nutrition, and weight loss. Founded in 2012, Profile by Sanford offers nutrition plans and guides to people of all shapes and sizes by providing custom quality nutrition programs that work.

You do not need to be a licensed nutritionist to run a Profile by Sanford franchise, although it will help. The franchise will provide you with the training you need to run a successful business. The perfect candidate for a Profile by Sanford franchise is someone who is passionate about health and encouraging people to improve their lives.

Why You May Want to Start a Profile by Sanford Franchise

Opening a Profile by Sanford franchise will result in you becoming an integral part of people’s growth and development. Their custom nutrition plans strive to help people find a healthy balance in their relationship to food, making them healthier and happier. Being part of such an intimate and personal journey will allow you to positively impact the rest of their lives.

A Profile by Sanford franchise is an opportunity to be a part of a positive and uplifting health culture. The company focuses on the individual needs of each client. You get access to their doctors, nutritionists, and dieticians as you guide your clients to a healthier life. Profile by Sanford believes in encouraging healthy eating habits in order to build an overall healthy life. This attitude has prompted a shift in 'diet culture' and offered a more sustainable view of healthy eating.

What Might Make Profile by Sanford a Good Choice?

Through a science-based approach coupled with compassionate nutrition coaching, Profile by Sanford has given thousands of people incredible results. In turn, this has increased client trust.

The health and wellness industry is booming, and the weight loss sector alone holds a large chunk of that value. Profile by Sanford has carved out a good name for itself in the market with its scientific nutrition programs. Their success is proved by testimonials from thousands of people. Owning a Profile by Sanford franchise will give you a chance to break into the steadily growing fitness industry.

Profile by Sanford also offers third-party financial help with startup costs to franchisees.

How Do You Open a Profile by Sanford Franchise?

To start a Profile by Sanford franchise, you need to have liquid assets and significant net worth. Startup investments can vary depending on your franchise's details, and there is also an initial franchise fee. In addition, being prepared to pay an ongoing royalty fee and an ad royalty fee on top of your regular expenses is an excellent idea for starting your journey as a franchisee.

Once your finances are in order, you can then apply for franchise consideration. Once you have signed on board, you will attend an intensive training program. Profile by Sanford will walk with you the entire way, even after opening. Take the first step with Profile by Sanford, and you will be running towards your future in no time.

Company Overview

About Profile Plan Nutrition + Wellness

Industry	Health & Wellness
Related Categories	Miscellaneous Health Services, Weight-Loss Services
Founded	2012
Parent Company	Profile Plan LLC
Leadership	Nate Malloy, CEO
Corporate Address	4800 W. 57th St. Sioux Falls, SD 57108
Social	Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since	2014 (10 years)
# of employees at HQ	45
Where seeking	This company is offering new franchises throughout the US.
# of Units	67 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Profile Plan Nutrition + Wellness 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$49,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$399,000 - $656,000
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$1,250,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$125,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$5,000 off first-unit franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

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	386 hours
Classroom Training	94 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising 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?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	5
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes