Risk Score
Pending analysis
Investment Range
$435,654 - $860,625
Franchise Fee
$55,000
Min Cash Required
$40,000
Total US Locations
27
Business Summary
dermani MEDSPA® Franchising LLC offers a medical spa management system for medical centers. These centers provide and sell medical spa and cosmetic services such as skin rejuvenation, cosmetic injectables, and laser hair removal treatments. These services are delivered by independent physicians or medical personnel supervised by a physician, as well as professionally licensed persons or entities. Franchisees manage these medical spa centers under the dermani MEDSPA® brand.
Corporate History
dermani MEDSPA® Franchising LLC was incorporated on January 16, 2019, in Georgia, and began operations on April 30, 2019. The company later converted to a Florida limited liability company on March 25, 2022. It franchises a medical spa management system for medical centers offering cosmetic services such as skin rejuvenation, injectables, and laser hair removal, which are provided by independent medical professionals. The company began offering these franchises in May 2019.
Financial Overview
Investment Range
$435,654 - $860,625
Franchise Fee (Low)
$55,000
Franchise Fee (High)
$55,000
Minimum Cash Required
$40,000
Royalty %
5%
Marketing %
0.25%
Equipment Costs (Low)
$228,281
Equipment Costs (High)
$552,543
Working Capital
$50,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
The dermani MEDSPA® Franchising LLC has reported a negative member's deficit for the years ending December 31, 2022, 2023, and 2024, with the deficit at $(485,562) in 2024. While the company recorded a net income of $2,989 in 2024 and $43,922 in 2023, it experienced a net loss of $(374,744) in 2022. The FDD's 'Special Risks' section explicitly states that dermani MEDSPA® Franchising LLC's financial condition, as reflected in its financial statements, calls into question its financial ability to provide services and support to franchisees. The total estimated initial investment for a franchisee ranges from $435,654 to $860,625, an amount that exceeds the franchisor's reported member's deficit.
Financing Details
dermani MEDSPA® Franchising LLC does not offer any direct or indirect financing to franchisees, nor does it guarantee any of their notes, leases, or obligations.
Performance Metrics
Total US Locations
27
Franchised Units
22
Corporate Units
5
Avg Square Footage
1,750
Franchising Since
2019
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
dermani MEDSPA® Franchising LLC has no litigation to report in this Item.
Bankruptcy History
dermani MEDSPA® Franchising LLC has no bankruptcy history to report in this Item.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
dermani MEDSPA® franchisees must provide notice that they wish to renew, be in compliance with the terms of their Franchise Agreement, be current in all payments required by the Franchise Agreement, sign a general release, pay a renewal fee, maintain occupancy of the premises or find a substitute premise, remodel and/or refurbish their Franchised Business if dermani MEDSPA® Franchising LLC requires, and dermani MEDSPA® Franchising LLC may revise the boundaries of their Territory on renewal. Franchisees may also be asked to sign a new contract with materially different terms and conditions than their original contract.
Training & Support Program
Franchisor Assistance
dermani MEDSPA® Franchising LLC provides various forms of assistance to its franchisees. Before opening, dermani MEDSPA® Franchising LLC reviews and approves proposed sites, provides mandatory and suggested specifications and layouts for the premises including a typical Medspa planogram, and offers initial training for up to four people (including the franchisee or Operating Principal and manager). The company also provides up to two days of on-site assistance during the grand opening and lends a confidential operating manual. For area developers, site selection guidance is also provided. Ongoing support includes periodic inspections of the franchised business, refresher and additional training programs as deemed appropriate, and advice on operations based on franchisee reports or observations. This guidance covers operating procedures, marketing materials, employee training, and administrative processes, provided through manuals, bulletins, electronic media, or direct consultation. dermani MEDSPA® Franchising LLC also administers the System Marketing Fund.
Initial Training Hours
40
Training Location
Our corporate office in Windermere, Florida, or our training facilities in Duluth, GA
Ongoing Support
After opening, dermani MEDSPA® Franchising LLC provides ongoing support through various channels. This includes periodic inspections of the franchised business and dermani MEDSPA® locations, as well as offering refresher and additional training programs for franchisees and their personnel. The franchisor advises on business operations, marketing programs, employee training, and administrative procedures based on reports and observations. Support is delivered through operating manuals, bulletins, electronic media, and telephone consultations. dermani MEDSPA® Franchising LLC also administers the System Marketing Fund and may form a franchisee advisory council. Mandatory annual meetings of up to three days may be held to provide further training and introduce new products or system changes.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
retail
Owner Participation
full-time
Territory Type
limited
Staff Count
9
Territory Size Requirements
dermani MEDSPA® Franchising LLC territories are defined as the lesser of a 2-mile radius around the franchisee's approved location or an area with a population of 75,000 individuals.
Staffing Notes
dermani MEDSPA® Franchising LLC advises that a typical dermani MEDSPA® location generally includes 1 to 2 front desk coordinators, 3 to 7 full-time estheticians/laser practitioners, and 1 to 3 nurse practitioners and/or physician assistant cosmetic injectors. Franchisees, or their Professional Corporation (PC) if applicable, have sole discretion over the number of employees and managers hired, their hours, compensation, and benefits. The Operating Principal must provide full-time general oversight of the Franchised Business. All management personnel and other designated staff must meet specified minimum qualifications and complete any required training programs.