4Ever Young Franchise in 2024: Costs, Fee & FDD

4Ever Young is a dynamic and fast-growing franchise in the healthcare and wellness industry, specializing in anti-aging treatments and holistic wellness. Founded by Roger Transon and Bob Davis, the brand aims to help clients not only look but feel their best by providing state-of-the-art therapies tailored to individual needs. Their focus on both aesthetic and wellness services places them as a major player in a booming market where people are increasingly looking for ways to extend vitality and youthfulness.

At its core, 4Ever Young offers a combination of wellness therapies and aesthetic services. Their core services include hormone replacement therapy, vitamin injections, and IV therapy, targeting clients who prioritize healthy aging and want to improve their quality of life. On the aesthetic side, they provide treatments like Botox, dermal fillers, and body contouring. The franchise serves a broad demographic, from middle-aged adults wanting to combat signs of aging to younger individuals focused on preventive care and overall well-being.

As of now, 4Ever Young operates over 25 locations across the U.S., with a particular presence in states like Florida and Texas, which are known for their vibrant, health-conscious populations. They serve thousands of clients daily and continue to expand, making them a strong contender in the health and wellness franchise space. Their growth reflects the increasing demand for personalized, non-invasive medical treatments that cater to busy, health-focused individuals.

What sets 4Ever Young apart is their comprehensive franchise support system. They offer extensive training programs to ensure franchisees are well-equipped to manage both the medical and business aspects of the operation. In addition, franchisees benefit from ongoing marketing support, operational guidance, and a network of industry professionals, ensuring they can thrive in this lucrative market. Whether you have a medical background or are new to the industry, their hands-on approach helps franchisees build a successful business.

4Ever Young Franchise Insights

1. 4Ever Young boasts a year-over-year unit growth rate of 125%, far surpassing the industry average of 10%, showcasing its momentum and success in the wellness sector.
2. The franchise thrives by offering both aesthetic and wellness services, creating multiple revenue streams and attracting a diverse range of clients seeking holistic health solutions.
3. Their focus on personalized wellness plans, including hormone therapy and preventive health, allows them to stand out in a crowded market that often prioritizes beauty over well-being.
4. Franchisees are not required to have a medical background, as the franchise offers comprehensive training and ongoing support to ensure smooth operations in both medical and business management.
5. 4Ever Young’s franchise model is built on a strong foundation of recurring customer visits, particularly through services like IV therapy and aesthetic treatments, ensuring steady and predictable revenue for franchisees.

4Ever Young Franchise Key indicators

How much does it cost to open a 4Ever Young franchise?

Understanding the potential investment size and capital requirements is crucial when considering opening a 4Ever Young franchise. These financial commitments, including initial franchise fees, equipment costs, and ongoing operational expenses, impact the feasibility and profitability of the venture. Thoroughly evaluating these factors ensures that potential franchisees are prepared for the financial responsibilities and can make informed decisions about their ability to sustain and grow the business, ultimately contributing to long-term success.

Min & Max Investment

Opening a 4Ever Young franchise involves several key costs, which are outlined in Item 7 of the Franchise Disclosure Document (FDD). You can see a breakdown of the costs to open a 4Ever Young below from the most recent Item 7 below:

Item 7 in the Franchise Disclosure Document (FDD) is the “Estimated Initial Investment” section. It outlines the total costs a franchisee can expect to incur when starting a franchise, including the initial franchise fee, equipment, inventory, real estate, and other startup expenses. This section is crucial because it provides potential franchisees with a detailed understanding of the financial commitment required, helping them assess affordability and plan their investment strategy effectively.

Required Capital

To open a 4Ever Young franchise, the required capital involves both the initial investment costs and a net worth requirement similar to other wellness franchises. Let’s take a closer look below:

• Initial Investment The total estimated initial investment ranges from $355,000 to $828,000. This includes costs such as the franchise fee, equipment, initial inventory, marketing, and operating expenses. Assuming that you will finance your franchise investment, you should plan to have 20% of the total investment amount in the form of equity (cash) for the investment.
• Liquid Assets Requirement While specific numbers for 4Ever Young may not be public, wellness franchises typically require a minimum of $100,000 to $150,000 in liquid assets. This ensures that franchisees have the financial cushion to cover any early operational challenges and unexpected expenses.
• Net Worth Requirement Franchisees usually need to demonstrate a net worth of $500,000 to $1 million. This figure includes assets like real estate, investments, and personal property, minus any liabilities, ensuring that the franchisee has sufficient financial backing to run the business successfully.

How much does a 4Ever Young franchise owner make?

Calculating the salary of a 4Ever Young franchise owner involves analyzing gross sales to determine total revenue, assessing operational efficiency to understand profit margins, and accounting for franchisor fees and additional expenses such as rent, utilities, and payroll. Effective management of these factors can significantly impact the profitability and financial success of a 4Ever Young franchise owner. This comprehensive financial analysis helps estimate net profits, from which the owner’s salary can be derived. A clear understanding of these factors ensures accurate salary projections and financial planning for sustainable business operations.

4Ever Young Revenue & Gross Sales

Based on the most recent analysis, 4Ever Young franchises achieved a median gross sales of $1,403,404, demonstrating strong demand for its wellness and anti-aging services. This financial performance highlights the franchise’s potential for significant revenue generation in the fast-growing health and wellness industry.

Which key factors impact the average revenue performance of 4Ever Young franchisees?

Several factors likely contributed to the strong performance of 4Ever Young franchisee median gross sales this past year. One significant factor is the rising consumer interest in health and wellness, particularly in anti-aging and preventive care, which aligns with 4Ever Young’s core services like hormone therapy and aesthetic treatments. Additionally, the franchise’s strategic expansion into key markets with high demand for personalized wellness services has helped drive sales. The growing awareness and adoption of non-invasive procedures, coupled with the brand’s ability to offer recurring services like IV therapy and skincare, likely boosted customer retention and repeat business, resulting in higher overall sales compared to the previous year.

4Ever Young Franchise Operational Costs

Operational costs for a 4Ever Young franchise are the ongoing expenses necessary to run the day-to-day operations and maintain the business’s functionality. These costs are essential for ensuring smooth operations and providing quality wellness services. For a 4Ever Young franchise, operational costs include:

• Medical Supplies and Product Costs Expenses incurred from purchasing materials like hormone therapy medications, IV vitamins, aesthetic products (e.g., Botox, fillers), and other consumables used in treatments.
• Labor Costs Wages, salaries, and benefits for healthcare professionals, such as nurses or medical assistants, as well as front desk staff and management involved in daily operations.
• Rent or Lease Payments The cost of leasing or owning the space for the clinic, which includes monthly rent or mortgage payments, property taxes, and insurance for the facility.
• Utilities Expenses for electricity, water, internet, and any other utilities necessary for running the clinic and supporting patient care.
• Medical Equipment Maintenance Costs associated with the upkeep, calibration, and occasional repairs of medical equipment, such as IV therapy machines or aesthetic devices.
• Supplies and Inventory This includes office supplies, cleaning products, uniforms, and inventory management for restocking wellness and aesthetic products.
• Insurance The cost of various insurance policies, including professional liability insurance, general business insurance, and workers’ compensation insurance.
• Technology and Software Costs Expenses for maintaining medical record systems, appointment scheduling software, and any point-of-sale systems used in the clinic.

Carefully managing these operational costs will be crucial for the financial success and growth of your 4Ever Young franchise.

4Ever Young Franchise Fees

When opening a 4Ever Young franchise, it’s essential to be aware of the ongoing fees and financial commitments that come with operating the business. These fees ensure the continued support, marketing, and growth of your franchise. Below are some of the relevant ongoing fees you should consider:

• Royalty Fee You’ll pay either 7% of the gross revenue from your franchise or a minimum amount based on how long your business has been operating. In the first 6 months, the minimum is $2,500 per month, and after that, it increases to $5,000 per month.
• Additional Fees Beyond these royalty fees, you may encounter other fees related to marketing, training, or additional support, depending on the franchise’s structure and needs.

Understanding and planning for these fees will help you manage your finances effectively and ensure the long-term success of your franchise.

4Ever Young Franchise Earnings

For a 4Ever Young franchise, the median gross sales stand at $1,403,404, giving a solid benchmark of potential earnings. This figure reflects the demand for wellness and anti-aging services, as well as the franchise’s ability to attract a broad customer base. As a franchisee, achieving this level of sales can provide a significant return on investment, especially when combined with the support system and recurring revenue model offered by the brand.

An owner-operator of a 4Ever Young location can expect potential earnings of $280,681, representing a healthy profit margin. This figure factors in the operational costs, royalties, and other expenses while accounting for the owner’s direct involvement in the business. By actively managing the clinic, franchisees can optimize performance, customer retention, and revenue generation, making it a highly lucrative investment in the wellness industry.

How to Open a 4Ever Young Franchise

Becoming a 4Ever Young franchisee involves several key steps designed to ensure you’re fully prepared for the investment and operational aspects of the business. Here’s an overview of the process from initial inquiry to starting your operations:

1. Initial Inquiry You or your franchise specialist submits an initial inquiry basic information about your interest and background. You should also conduct thorough research on the franchise, including seeing all of the information available on the Vetted Biz franchise intelligence platform, including access to the most recent Franchise Disclosure Document (FDD).
2. Franchise Application and Qualification After your inquiry, you will be asked to complete a formal application. The franchisor will review your financial status, experience, and overall suitability to determine if you meet their criteria, including liquid asset and net worth requirements.
3. Discovery Day You will be invited to a Discovery Day, which is an opportunity to visit the headquarters, meet the leadership team, and get an in-depth understanding of the business model, support system, and day-to-day operations.
4. Financing and Site Selection After securing any necessary financing, you’ll work with the franchisor to choose a prime location for your clinic. They will assist you with site selection, lease negotiations, and design.
5. Training You’ll attend an extensive training program covering business operations, medical services, and marketing strategies. This ensures that you’re equipped to manage the franchise successfully.
6. Pre-Opening Support Leading up to the opening, the franchise team will help with equipment installation, marketing campaigns, and hiring staff.
7. Grand Opening Once everything is in place, you’ll officially open your clinic, with continued support from 4Ever Young to help you hit the ground running.

Pros & Cons

Pros

Growing Industry: The health and wellness market, especially anti-aging services, is booming, offering a strong potential for long-term profitability.

Recurring Revenue Model: Many services, like hormone therapy and IV treatments, encourage repeat visits, providing a steady income stream.

Diverse Service Offering: By combining wellness and aesthetic services, the franchise appeals to a broad demographic, which can enhance your revenue potential.

High Median Gross Sales: With median gross sales of $1,403,404, the franchise shows strong revenue potential, making it an attractive financial opportunity.

Cons

Competitive Market: The wellness industry is competitive, and you’ll need to differentiate yourself to attract and retain customers.

Operational Complexity: Managing both wellness and aesthetic services may require more oversight and expertise compared to simpler franchise models.

Staffing Challenges: Hiring qualified medical professionals, such as nurses or healthcare assistants, can be challenging and may lead to higher labor costs.