If you’re interested in opening your own business, being your own boss, or investing in a franchise, you’ve likely done your fair share of research — or are just beginning to do so. And if you’re investigating the health and wellness industry and found your way here, you’re probably wondering, “how much does a Jenny Craig franchise cost?”
When you’re considering making the leap to franchise owner, it’s important to know what costs are associated with opening the doors to, and continuing the operation of, your new business.
You will need to plan ahead and have a realistic idea of how much you can expect to spend on startup expenses and day-to-day operations.
Keep reading to learn more about how much you can anticipate to invest in your new franchise.
Initial Jenny Craig Franchise Cost
A franchise opportunity with any brand will include an initial fee that pays for onboarding and ongoing training costs, as well as operational and marketing support along the way. One advantage to opening a franchise rather than starting your business from scratch is knowing that you will be joining an established, reputable brand that has the structure and support to help you succeed.
When you open a Jenny Craig franchise, you’ll pay a $25,000 franchise fee. In addition to some of the items listed above, the franchise fee is essentially a licensure fee to receive access to our brand and proven franchise program.
Renovating, Equipping, and Stocking Your Center
Once you’ve found a great location for your Jenny Craig weight-loss center, you might have to do a bit of remodeling to make sure your space complies with Jenny Craig requirements and is equipped with everything you need to run your business. This includes but is not limited to two to six rooms, consisting of a reception area, consulting rooms, a food storage room, and lavatory. Remodeling costs typically range between $50,000-$117,000.
You also will need to install commercial freezers, either walk-in or stand alone, for storing frozen food products. Other equipment includes televisions, media players as defined from time to time (such as DVD players), telephone systems, and scales. Equipment costs typically range between $25,000 and $35,000.
Jenny Craig is one of the most popular weight-loss programs thanks in part to our friendly, recognizable brand image. We care about the details, and strive for a comfortable and inviting atmosphere inside each and every one of our weight-loss centers. To make sure your franchise has the proper lighting, office furniture, artwork, and other items required by Jenny Craig, you can expect to spend $20,000-$30,000 on furniture and décor.
You’ll also need office supplies, computer equipment, and a hearty stock of Jenny Craig meal options before your grand opening. Supplies and inventory typically cost between $12,000-$25,000.
Since you’ll be starting in a new community and building your client base from there, we suggest you have three months’ worth of additional funds to cover operating costs while you grow your business. For our franchisees this typically comes to between $20,000-$50,000.
Don’t forget you’ll be leasing a commercial business space, so you’ll want to account for rent, which may fall between $3,500-$16,000 per month (plus any deposits required by the rental agency or lessor).
Computer systems and software will play an important role in running your business as well. Plan to spend between $20,000-$35,000 on IT infrastructure and related systems.
Total Expected Costs
A necessary part of becoming a business owner is taking a role in the financial management of your new venture. In addition to the costs outlined above, you’ll also have to plan for utilities, insurance, business licensing, equipment, and other expenses that may come up pre- and post-opening.
When you add it all together, you should expect to make an initial investment of between $182,000 and $395,000 in your Jenny Craig franchise. What you’ll get in return is not just a business opportunity, but also the satisfaction of making a positive impact on the health of your local community.
For a complete breakdown of the Jenny Craig franchise cost, contact us to speak with a representative and request a copy of our Franchise Disclosure Document today.