Imagine Laserworks franchise
2023 filing · September 15, 2023
Imagine Laserworks at a glance
A wellness business offering non-invasive bio-electric and light stimulation sessions for quitting smoking, weight control, stress and pain. At the end of 2022 there were 1 Imagine Laserworks locations in the US, all franchised.
The business
- Industry
- Health and wellness
- Franchisor
- Imagine Laserworks USA Inc
- The company that sells the franchises
- Franchising since
- 2018
- 5 years of selling franchises
- Franchisor based in
- Las Vegas, Nevada
- Typical size
- 350–800 sq ft
What you pay
- Cost to open
- $63K–$121K
- Fee, build-out and opening working capital
- Franchise fee
- $25K–$40K
- By territory type: rural, suburban or urban
- Royalty
- 7%
- 7% of gross revenue, paid monthly
- Brand fund
- None now
- Up to 3% of gross revenue; not charged at present
- Renewal fee
- See terms
- Twenty-Five percent (25%) of the then-current Initial Franchise Fee.
- Agreement length
- 5 years
- Territory
- Limited
- Limited protection
Where it is
- US locations, 2022
- 1
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 0
- States
- 1
- Most in Tennessee
From Imagine Laserworks USA Inc’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Imagine Laserworks among all franchises with the same figure.
| Figure | Imagine Laserworks | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $92,250 | Costs less than 89% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Imagine Laserworks franchise costs
Opening one Imagine Laserworks costs an estimated $63,250 to $121,250. 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.
Source: Imagine Laserworks USA Inc, 2023 filing, page 1
Imagine Laserworks franchise fee
The franchise fee is $25,000 to $40,000, by territory type: rural, suburban or urban. You pay it when you sign the franchise agreement.
Source: Imagine Laserworks USA Inc, 2023 filing, page 8
Royalty and ongoing fees
| Royalty | 7% of gross revenue, paid monthly. |
|---|---|
| Brand or marketing fund | Up to 3% of gross revenue; not charged at present. |
| Technology Fee | $1,500 annually or $137.50 per month |
| Renewal Fee | Twenty-Five percent (25%) of the then-current Initial Franchise Fee. |
| Local Marketing Requirement | You must spend 3% of Gross Revenue on Local Marketing |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Imagine Laserworks USA Inc, 2023 filing, page 9
Other fees as filed, from pages 9–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Imagine Laserworks 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: Imagine Laserworks USA Inc, 2023 filing, page 36
How Imagine Laserworks compares
Of the 199 health and wellness franchises on this site, Imagine Laserworks is the 15th cheapest to open and the 163rd largest by number of locations.
| Figure | Imagine Laserworks | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $63K | $224K | $222K |
| Cost to open, high end | $121K | $498K | $477K |
| Franchise fee | $25K | $45K | $40K |
| Royalty | 7% | 6% | 6% |
| US locations | 1 | 10 | 21 |
| Change in franchised locations, 0 yrs | 0% | +23.8% | – |
| Shares earnings figures | No | 125 of 199 | 2,147 of 3,352 |
Typical is the median across the 199 brands in health and wellness franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2020 | 1 (0) | 0 |
| 2021 | 1 (0) | 0 |
| 2022 | 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: Imagine Laserworks USA Inc, 2023 filing, page 36
Where Imagine Laserworks locations are
At the end of 2022, Imagine Laserworks had franchised locations in 1 state. The most are in Tennessee.
- Tennessee1
| State | Franchised |
|---|---|
| Tennessee | 1 |
Source: Imagine Laserworks USA Inc, 2023 filing, page 37
Who owns Imagine Laserworks?
Imagine Laserworks franchises are sold by Imagine Laserworks USA Inc.
From Imagine Laserworks USA Inc’s 2023 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: Imagine Laserworks USA Inc, 2023 filing, litigation on page 7, bankruptcy on page 7
Imagine Laserworks filings
The figures on this page come from Imagine Laserworks USA Inc’s 2023 filing, issued September 15, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | September 15, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
