Perspire Sauna Studio
Infrared and red-light-therapy sauna studios- 2023 Franchise 500 Rank
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#400 Not ranked last year
- Initial investment
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$444K - $591K
- Units as of 2022
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25 400.0% over 3 years
Company Overview
About Perspire Sauna Studio
Industry | Personal-Care Businesses |
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Related Categories | 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 (6 years) |
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# of employees at HQ | 15 |
Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees in the following international regions: Europe (Western), Canada, Mexico |
# of Units | 25 (as of 2022) |
|
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 |
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Initial Investment
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$444,067 - $590,667 |
Net Worth Requirement
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$500,000 |
Cash Requirement
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$150,000 |
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 |
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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 |
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Classroom Training | 46 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
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 |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
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No |
# of employees required to run | 6 |
Are exclusive territories available?
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Yes |
Interested in ownership opportunities like Perspire Sauna Studio? Request a free consultation with a Franchise Advisor now.
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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