Profile by Sanford

Thinking of investing in a Profile by Sanford franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 2012, Profile by Sanford specializes in Weight-loss and wellness services. As a Weight Loss franchise, Profile by Sanford has grown to include over 167 (as of 2020) units since they began franchising in 2014 (7 years). It costs an estimated $388,500 – $634,500 to open a Profile by Sanford franchise.

About Profile by Sanford

Profile was built to help people like you achieve long-term, sustainable weight loss. Profile’s compassionate, one-on-one coaching encourages members to adapt to a new, healthy lifestyle rooted in our core principles of nutrition, activity, & lifestyle. Profile was developed by physicians and scientists at Sanford Health to help you relearn healthy lifestyle habits. Profile helps you break the cycle with a personalized plan that’s easy to follow, one-on-one coaching, nutritious meal replacement products and tools to help you track success.

Why Franchise?

Weight loss is a $200 billion dollar industry, and with growing awareness of the health risks posed by obesity, it’s an industry on track to grow even further. As people grow more disillusioned with fad diets, they are looking for approaches to weight loss that can predict tangible results through science and research. Owning a Profile franchise is your chance to bring a trusted weight loss program to your community.

Sanford Health Partnership

Partnering with Profile means you will be backed by Sanford Health, one of the largest not-for-profit healthcare systems in the country. You’ll be a part of a weight loss franchise that was built by physicians and scientists who did extensive research to develop a program that works.

Franchise Support includes:

– Real estate site selection consultation
– Ongoing operations and management support
– Coach training and certification
– Manager and leadership training
– Sales, marketing and business development resources
– Operations software and IT system support
– Financing options available

Company Founded

2012

Current Leadership

Nate Malloy, CEO

Started Franchising

2014 (7 years)

Total Number of Units

167 (as of 2020)

Part-Time / Full-Time

Full Time

How Much Does It Cost To Open A Profile by Sanford Franchise?

There are several costs associated with opening a Profile by Sanford 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 Profile by Sanford franchise. The weekly fee for opening a Profile by Sanford franchise is not specified.

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 (Profile by Sanford Is Renewable) and does the franchise offer financing support (Profile by Sanford Profile by Sanford has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll).

Profile by Sanford Company Details

Here are some additional details about Profile by Sanford.

Parent Company	Sanford Health
Initial Investment	$49,500
Net Worth Requirement	$1,250,000
Veteran Incentives	$5,000 off first-unit franchise fee
Royalty Fee	5%
Ad Royalty	2%
Cash Requirement	$125,000
Term of Agreement	10 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Profile by Sanford

Profile by Sanford offers several support options to its franchisees. With 167 (as of 2020) units, Profile by Sanford aims to provide support to each franchise owner to help them operate a successful franchise location. Profile by Sanford offers 386 hours on the job training, 94 hours classroom training, and 15 hours annually additional training.

Training and Support Offered

Here are the support options offered by Profile by Sanford.

On-The-Job Training	386 hours
Classroom Training	94 hours
Additional Training	15 hours annually
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 Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Is Profile by Sanford Right For You?

Profile by Sanford has gone digital! Here are all of the ways you can find Profile by Sanford online. Oftentimes, you can reach out to current franchisees of Profile by Sanford online. Current franchisees may be able to offer personalized insights into what it is like owning a Profile by Sanford franchise and offer tips to running a successful Profile by Sanford franchise location.

Social

Why Should You Start a Profile by Sanford Franchise?

Investing in a Health & Beauty franchise such as Profile by Sanford 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 Profile by Sanford franchise and we'll be in touch soon!

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