- 2024 Franchise 500 Rank
-
#336 Ranked #400 last year
- Initial investment
-
$425K - $737K
- Units as of 2023
-
40 300.0% over 3 years
Company Overview
About Perspire Sauna Studio
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Saunas, Miscellaneous Personal-Care Businesses, Miscellaneous Services, Health & Wellness |
| Founded | 2010 |
| Parent Company | Sweat Equity Group LLC |
| Leadership | Lee Braun, CEO |
| Corporate Address |
129 Cabrillo St., #200 Costa Mesa, CA 92627 |
| Social | Facebook, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2017 (7 years) |
|---|---|
| # of employees at HQ | 18 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Europe (Western), Canada, Mexico |
| # of Units | 40 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Perspire Sauna Studio franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$45,000 |
|---|---|
|
Initial Investment
|
$425,300 - $736,940 |
|
Net Worth Requirement
|
$750,000 |
|
Cash Requirement
|
$225,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Perspire Sauna Studio has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 30 hours |
|---|---|
| Classroom Training | 46 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
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
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 6 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Perspire Sauna Studio landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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