About Modern Acupuncture
Our Mission is to Make Your Life Better
Modern Acupuncture™ is a franchise concept transforming the alternative medicine market and acupuncture industry. Offering an approachable, natural pathway, validated by thousands of years of practice to better health and well-being, Modern Acupuncture™ is the first franchise to deliver the natural health and cosmetic benefits of acupuncture in a retreat-like setting in highly accessible neighborhood locations across the country.
THE OPPORTUNITY IN FRONT OF US
-Acupuncture is part of the ever-growing “alternative” medicine industry, which is estimated to be worth an astounding $197 billion by 2025.
-More than 14-million people have tried the millennia-old Chinese practice, and many doctors hope it can be an effective alternative to opioids for pain management—which could be the reason the proportion of Veterans Health Administration facilities that offer acupuncture has gone from 42 percent to 88 percent over the past seven years.
-49 Locations currently open; 60 to be open by end of 2019.
-Acupuncture has failed to penetrate major markets such as pain, stress, beauty and wellness in the U.S., but is now being widely recognized as a needed solution for pill-free relief.
-There are approximately 35,000 Licensed Acupuncturists in the United States.
-Minimal number of employees to manage between the Acupuncturists and Zen Advisors
-Turn-key build out and locations near grocery anchored, high foot traffic shopping centers (preferred 1200 to 1600 sq. ft.)
-Grocery anchored, high foot traffic shopping centers
-Proven membership model, recurring monthly income
-National scale, marketing consistency, operational standards and brand awareness
What you get with Modern Acupuncture
LOCATION BUILD OUT -You can count on our expertise to guide you through everything from choosing a prime location, negotiating your lease, to the entire build out process. We have one vendor to purchase all of your location’s equipment and millwork, which helps you open sooner.
MARKETING – The Marketing Team starts working with you months prior to opening to plan a comprehensive grand opening and continues support throughout the year with pre and post planning and evaluation tools. A national strategy is planned and presented each year in conjunction with our National Marketing Advisory Council comprised of Regional Developers, Franchisees and our National Marketing and PR partners. Each quarter you are guided with promotions, health education awareness, grassroots best practices, and referral and retention strategies.
Our national scale marketing provides consistency, operational standards and brand awareness for the first time in history for acupuncture in the US.
TRAINING – Vital to the operation of any Modern Acupuncture locations, our comprehensive franchise training includes: Hiring, client acquisition, marketing, business software, operations, financial modeling and key performance indicator tracking.
You’ll leave our training well prepared and ready for ramp-up. We will also support your grand opening and provide on-boarding training you can offer all your employees, including Patient Health Information (PHI), OSHA required training, and position specific topics.
OPERATIONS – Our operations team serves as the central support to our franchise community. From answering day-to-day questions to the execution of on-going promotions, the operations team provides a wealth of knowledge and continuous support. Our step-by step Operations Manual includes information to open and operate a Modern Acupuncture franchised clinic.
Matt Hale, CEO
2016 (5 years)
Total Number of Units
47 (as of 2020)
Part-Time / Full-Time
How Much Does It Cost To Open A Modern Acupuncture Franchise?
There are several costs associated with opening a Modern Acupuncture franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Modern Acupuncture franchise. The weekly fee for opening a Modern Acupuncture franchise is Royalty Fee Due On The 1St And 16Th Of Each Month.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Modern Acupuncture Is Renewable) and does the franchise offer financing support (Modern Acupuncture Modern Acupuncture has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory).
Modern Acupuncture Company Details
Here are some additional details about Modern Acupuncture.
|Parent Company||ACU Development Inc.|
|Net Worth Requirement||$500,000|
|Cash Requirement||$425,000 - $500,000|
|Term of Agreement||10 years|
|Run from Home||No|
Training and Support Offered By Modern Acupuncture
Modern Acupuncture offers several support options to its franchisees. With 47 (as of 2020) units, Modern Acupuncture aims to provide support to each franchise owner to help them operate a successful franchise location. Modern Acupuncture offers 40 hours on the job training, 28.5 hours classroom training, and Online additional training.
Training and Support Offered
Here are the support options offered by Modern Acupuncture.
|On-The-Job Training||40 hours|
|Classroom Training||28.5 hours|
Is Modern Acupuncture Right For You?
Modern Acupuncture has gone digital! Here are all of the ways you can find Modern Acupuncture online. Oftentimes, you can reach out to current franchisees of Modern Acupuncture online. Current franchisees may be able to offer personalized insights into what it is like owning a Modern Acupuncture franchise and offer tips to running a successful Modern Acupuncture franchise location.
Why Should You Start a Modern Acupuncture Franchise?
Investing in a Health & Beauty franchise such as Modern Acupuncture can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Modern Acupuncture franchise and we'll be in touch soon!