HERLIFE Magazine franchise
2024 filing · February 26, 2024
HERLIFE Magazine at a glance
A local publishing business producing a free magazine for women, funded by advertising sales and distributed free and by mail. At the end of 2023 there were 4 HERLIFE Magazine locations in the US, 3 franchised and 1 company-owned.
The business
- Industry
- Business services
- Franchisor
- HERLIFE Magazine, LLC
- The company that sells the franchises
- Franchising since
- 2010
- 14 years of selling franchises
- Franchisor based in
- Overland Park, Kansas
What you pay
- Cost to open
- $55K–$100K
- Fee, build-out and opening working capital
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 7%
- 7% of gross advertising sales, paid monthly
- Renewal fee
- $500
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 4
- Franchised and company-owned
- Franchised
- 3
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2021–2023
- States
- 4
- Most in California, Kansas and Missouri
From HERLIFE Magazine, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
HERLIFE Magazine among all franchises with the same figure.
| Figure | HERLIFE Magazine | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $77,500 | Costs less than 92% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a HERLIFE Magazine franchise costs
Opening one HERLIFE Magazine costs an estimated $55,000 to $100,000. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($35,000) and additional funds – 3 months ($10,000 to $30,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Business Premises or Storage Unit | $0 | $2,000 | |
| Furniture & Equipment | $0 | $5,000 | |
| Insurance | $1,500 | $3,000 | |
| Professional Fees | $1,000 | $1,500 | |
| Licenses & Permits | $500 | $1,000 | |
| Travel & Lodging While Training | $1,000 | $2,000 | |
| Salaries and Wages – 6 Months | $5,000 | $15,000 | |
| Signage | $0 | $500 | |
| Miscellaneous Costs | $1,000 | $5,000 | |
| Additional Funds – 3 Months | $10,000 | $30,000 | |
| Total | $55,000 | $100,000 | |
Source: HERLIFE Magazine, LLC, 2024 filing, page 11
HERLIFE Magazine franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: HERLIFE Magazine, LLC, 2024 filing, page 7
Royalty and ongoing fees
| Royalty | 7% of gross advertising sales, paid monthly. |
|---|---|
| Transfer | $5,000 |
| Renewal | $500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: HERLIFE Magazine, LLC, 2024 filing, page 8
Other fees as filed, from pages 8–10. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures HERLIFE Magazine does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: HERLIFE Magazine, LLC, 2024 filing, page 29
Growth and closures
Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.
| Measure | HERLIFE Magazine | Typical business services brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / 0% | 0% / +3.6% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 5.9% / 25% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical business services brand is the median of the 114 brands in business services franchises with three years of counts.
How HERLIFE Magazine compares
Of the 324 business services franchises on this site, HERLIFE Magazine is the 99th cheapest to open and the 231st largest by number of locations.
| Figure | HERLIFE Magazine | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $55K | $77K | $222K |
| Cost to open, high end | $100K | $136K | $477K |
| Franchise fee | $35K | $45K | $40K |
| Royalty | 7% | 7% | 6% |
| US locations | 4 | 32 | 21 |
| Shares earnings figures | No | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 3 (0) | 1 | 0 | 0 |
| 2022 | 3 (0) | 1 | 0 | 0 |
| 2023 | 3 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: HERLIFE Magazine, LLC, 2024 filing, page 29
Where HERLIFE Magazine locations are
At the end of 2023, HERLIFE Magazine had locations in 4 states. The most are in California, Kansas and Missouri.
- California1
- Kansas1
- Missouri1
- New York1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 1 | 0 | 1 |
| Kansas | 0 | 1 | 1 |
| Missouri | 1 | 0 | 1 |
| New York | 1 | 0 | 1 |
Source: HERLIFE Magazine, LLC, 2024 filing, page 30
Who owns HERLIFE Magazine?
HERLIFE Magazine franchises are sold by HERLIFE Magazine, LLC.
From HERLIFE Magazine, LLC’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: HERLIFE Magazine, LLC, 2024 filing, litigation on page 7, bankruptcy on page 7
HERLIFE Magazine filings
The figures on this page come from HERLIFE Magazine, LLC’s 2024 filing, issued February 26, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | February 26, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
