Research preview · Archived source data · Not independently reviewed · Automated extraction

Beauty, Salon & Wellness · Brand S0782

Hand and Stone Massage and Facial Spa franchise research

Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.

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Source: FDD issued Not captured · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources

Investment
$320,891 to $864,729
standard single spa · +2 more
Royalty
6%
6% of Gross Sales, paid weekly
Working capital
Item 7 recommends working capital for 9 months (not 3): $25,000 - $100,000, to cover operating expenses including salaries; franchisor states this may not be sufficient.
FDD Item 7
Units
600
+20 net in 2025
SBA loans approved
54
FY2021 to FY2026 YTD
SBA charge-off share
2.88%
historical, not a failure rate

Investment by format

Estimated initial investment by named format
FormatDisclosed range
standard single spa$320,891 to $864,729
first spa under Area Development Agreement (min. 3-spa commitment)$364,091 to $918,729
Area Development Agreement, 3 spas total$926,673 to $2,549,187

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.22 ↗

Franchise fees and ongoing costs

Franchise fee
$39,600 to $49,500 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.
Royalty
6% · 6% of Gross Sales, paid weekly
Marketing contribution
1% (basis not captured; see original filing)
Technology fee
$726/month software subscription & support (Zenoti POS) plus $35/month cyber insurance; franchisor may increase the subscription fee up to 10%/year
Other fees
Renewal fee 25% of then-current initial franchise fee; Late fee 18%/year (or max legal rate) on overdue amounts; Insufficient Funds Fee $150
Working capital (FDD Item 7)
Item 7 recommends working capital for 9 months (not 3): $25,000 - $100,000, to cover operating expenses including salaries; franchisor states this may not be sufficient.

Fees sourceFDD p.15 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.22 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured
Yes
Metric / basis
Average, median, min/max Gross Sales (plus breakdowns for Massage Service Sales, Facial Service Sales, Product Sales, and Gift Card Sales) by performance quartile; also average Gross Sales and expense categories (labor & benefits, occupancy, royalties/national marketing, other operating costs) for a subset of outlets that reported expenses. No EBITDA or net profit figure is disclosed.
Reporting period
Calendar Year 2025 (January 1 - December 31, 2025)
Sample
570 of 600 Franchised Outlets open at least 12 months as of 12/31/2025 (30 excluded for not being open a full 12 months); also reported separately for 15 Corporate Spas and combined for 585 total locations. Expense data (Table 6b) covers only 134 of the 600 Franchised Outlets that reported expenses.
Reported average
$1,334,936
Reported median
$1,236,266

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.56 ↗

Unit growth: Item 20

Reporting year
2025
Scope
franchised outlets
Starting outlets
580
Year-end outlets
600
Net change
+20
Derivation
ending minus starting outlets
Openings
25
Terminations
4
Non-renewals
0
Other closures
0
Reacquisitions
0
Transfers
33

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.68 ↗

SBA loan history

Loan activity
54 approvals
Activity window
FY2021-FY2026 YTD; snapshot 2026-06-30
Median SBA loan
$666,350
Median loan window
FY2023-FY2026 YTD through 2026-06-30
Median loan sample
30 loans
Historical charge-off share
2.88%
Cohort
7(a) FY2010-2019 approvals
Numerator / denominator
4 / 139
Formula
CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Hand and Stone Massage and Facial Spa franchise cost?

standard single spa: $320,891 to $864,729; first spa under Area Development Agreement (min. 3-spa commitment): $364,091 to $918,729; Area Development Agreement, 3 spas total: $926,673 to $2,549,187 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $39,600 to $49,500 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.22 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Hand and Stone Massage and Facial Spa owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average, median, min/max Gross Sales (plus breakdowns for Massage Service Sales, Facial Service Sales, Product Sales, and Gift Card Sales) by performance quartile; also average Gross Sales and expense categories (labor & benefits, occupancy, royalties/national marketing, other operating costs) for a subset of outlets that reported expenses. No EBITDA or net profit figure is disclosed.. Sample: 570 of 600 Franchised Outlets open at least 12 months as of 12/31/2025 (30 excluded for not being open a full 12 months); also reported separately for 15 Corporate Spas and combined for 585 total locations. Expense data (Table 6b) covers only 134 of the 600 Franchised Outlets that reported expenses.. Period: Calendar Year 2025 (January 1 - December 31, 2025).

Item 19 performance sourceFDD p.56 ↗

What's the SBA charge-off rate for Hand and Stone Massage and Facial Spa?

2.88%; numerator / denominator: 4 / 139. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $666,350; window: FY2023-FY2026 YTD through 2026-06-30; sample: 30 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Sources and data details

Every figure above links to the page of the filing it was read from. These are the document IDs, page pointers and checksums behind them, for anyone who wants to audit the data.

Show document IDs, page pointers and hashes
Fees

Original source · FDD issued: Not captured; Registry received: 04/07/2026
Document: 35862-202604-08; document SHA-256: 22c5e61e5ad238e5027638c9718270ead100ad623eb06b3770d083bef116406e
PDF page: 15; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Investment

Original source · FDD issued: Not captured; Registry received: 04/07/2026
Document: 35862-202604-08; document SHA-256: 22c5e61e5ad238e5027638c9718270ead100ad623eb06b3770d083bef116406e
PDF page: 22; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Franchise fee

Original source · FDD issued: Not captured; Registry received: 04/07/2026
Document: 35862-202604-08; document SHA-256: 22c5e61e5ad238e5027638c9718270ead100ad623eb06b3770d083bef116406e
PDF page: Not captured; pointer: source-known-page-unknown. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Enrichment generated: 2026-10-03T11:34:53.025030+00:00

Item 19 performance

Original source · FDD issued: Not captured; Registry received: 04/07/2026
Document: 35862-202604-08; document SHA-256: 22c5e61e5ad238e5027638c9718270ead100ad623eb06b3770d083bef116406e
PDF page: 56; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Unit growth

Original source · FDD issued: Not captured; Registry received: 04/07/2026
Document: 35862-202604-08; document SHA-256: 22c5e61e5ad238e5027638c9718270ead100ad623eb06b3770d083bef116406e
PDF page: 68; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

SBA loans

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2010_FY2019_asof_260630.csv; document SHA-256: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade
PDF page: Not captured; pointer: raw-aggregate-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2010_FY2019_asof_260630.csv: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade; FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; FOIA_504_FY2010_Present_asof_260630.csv: 8c0e15414217254bcde2a253a8f17418b3dc65ce78dbc56cc1f1ab05c4a05ad4; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b

Median SBA loan

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2020_Present_asof_260630.csv; document SHA-256: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe
PDF page: Not captured; pointer: raw-median-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b
Enrichment generated: 2026-10-03T11:34:53.025030+00:00
Program: 7(a); Amount column: GrossApproval