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She Built a $1M Franchise Solving This Taboo Problem
Description
Episode 76: On this episode of Pursuit of Profit, Cliff talks with Erica Sanchez, co-founder and COO of VJUV medspa franchise. Erica talks about how VJUV started with a specialized chair that has garnered millions. VJUV has since developed into a full-service franchised medspa and studio spa.
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Timestamps:
00:00 - Intro
02:36 - Erica's experience
04:40 - Obstacles to building this business
07:00 - How VJUV started
11:07 - Equipment investment
12:23 - How owners benefit from the franchisor owning the chair
13:48 - What does the chair do
18:00 - Other services offered
22:14 - Non-surgical procedures
23:44 - Revenue streams
30:00 - What licenses do you need
32:41 - Size of medspa and studio
34:48 - Range of investment
38:45 - Item 19
40:20 - Membership plan
41:50 - Leasing and finance options for equipment
42:40 - Marketing
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Links:
Watch the Pursuit of Profit on YouTube!
Book a free consultation with Cliff and Justin: https://calendly.com/franocity1/30-minute-meeting
Learn more about Franocity: https://qrcodes.pro/15fBNC
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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff pulls no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.