PERSPIRE SAUNA STUDIO Franchise Review
PERSPIRE SAUNA STUDIO is analyzed based on our most recent FDD research!
Franchise Information
As a Perspire Sauna Studio Franchisee, you will offer infrared sauna sessions, chromotherapy, stretching and light weight lifting during infrared saunas.
What are the requirements to buy an PERSPIRE SAUNA STUDIO franchise?
PERSPIRE SAUNA STUDIO has a franchise fee of up to $35,000, with a overall initial investment range of $240,300 to $399,800.
- Initial Franchise Fee: $35,000
- Total Investment: $240,300 to $399,800
- Working Capital: $25,000 to $30,000
- Royalty Fee: 6.0%
The initial investment of any franchise includes many fees. Explore this investment opportunity to better understand the initial costs required to purchase an PERSPIRE SAUNA STUDIO, such as franchise fees, leasehold improvement costs, grand opening advertising, and equipment purchases. It should be noted that, franchise companies are required to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
Can you Afford This Franchise. Complete our Affordability Calculator to find out!
How much does an PERSPIRE SAUNA STUDIO franchisee make?
As with any new franchise, the franchisee's income and the revenue from a PERSPIRE SAUNA STUDIO business depends on many factors. One way to validate the potential revenues or profits earned from a PERSPIRE SAUNA STUDIO franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Usually, profits and owner's income are equitable to the size of the investment and number of locations you buy. Demand for your products, your labor costs, commercial lease rates and a number of other variables also play a large role in your bottom line and your personal income
For more details and franchise specific on the revenue of an PERSPIRE SAUNA STUDIO franchise, unlock this franchise
How many franchise locations do they own?
As of the 2019 Franchise Disclosure Document, there are 0 franchised PERSPIRE SAUNA STUDIO locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any PERSPIRE SAUNA STUDIO franchises in my preferred location?
Based on 2019 FDD research, PERSPIRE SAUNA STUDIO has franchise locations in 2 states. There could be no locations in several states as each franchise company plans their growth strategy differently. Certain states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchises to people residing in that state. These registration states have examiners review a franchise company's FDD to ensure it complies state regulatory requirements. In addition to registration states, additional states have enforced franchise or business opportunity laws that mandate franchise companies to provide their franchise within the state. In almost all instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.
Based on the data collected this franchise is expanding into new locations and might be available in your city.
One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2019
Sector: Personal Services
Category: Other Personal Services
PERSPIRE SAUNA STUDIO Franchise DATA
10 Years
10 Years
0
0
6.0%
1.0%
ADDITIONAL QUESTIONS
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 52 hours. This includes 40 hours of classroom training, 12 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 12 |
| Classroom | 40 |
| Total | 52 |
Do they offer Territory Protections?
PERSPIRE SAUNA STUDIO offers territory protections. For an explanation of territory rights, unlock this franchise for more details.
Do they have marketing and technology support in place?
No, PERSPIRE SAUNA STUDIO does NOT offer comprehensive support for franchisees.
When did PERSPIRE SAUNA STUDIO begin franchising?
They began franchising in 2017. The average Other Personal Services franchise began franchising in 2018.
Do they offer lending support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
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- Growth projections
- Turnover projections
- Financial details
- Initial and renewal terms
- Royalties and advertising fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- How much do franchise owners historically earn?
- Does this franchise provide Veteran or First Responder discounts?
- Does this franchise use public figures to promote their franchise?
- Does this franchise disclose any bankruptcies?
- Are they related with any other franchise companies or private equity investment groups?
- How many new outlets have they opened within the last 5 years?
- How many franchised outlets have closed within the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have terminated within the last 5 years?
- Does this franchise operate any company or affiliate owned outlets?
- What is their initial and renewal term lengths?
- Does this franchise have any lawsuits?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How often are royalties and advertising fees paid to the franchisor?
- How are territories defined?
- What support can you expect to receive from the franchisor?
- Why has new franchisee growth been so high?
- What are the critical requirements for managing a successful franchised location in this brand?
- Are you required to work as an owner-operator or is this a passive investment opportunity?
- Will they refund any upfront fees under certain circumstances?