Beauty, Salon & Wellness · Brand S2298
True Rest Spa franchise research
Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.
Open your research shortlistSource: FDD issued Not captured · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources
- Investment
- $368,447 to $857,112 standard (single Franchise Agreement) · +1 more
- Royalty
- 6% 6% of Gross Sales, payable weekly on Monday by electronic transfer
- Working capital
- $5,000 - $35,000 for the first 3 months of operation, covering initial employee wages, management compensation (excluding owner draw/salary), equipment/supply purchases, marketing fees, local advertising, utilities, and repairs/maintenance
- Units
- 31 +3 net in 2021
- SBA loans approved
- 4 FY2021 to FY2026 YTD
- SBA charge-off share
- 0.00% historical, not a failure rate
Investment by format
| Format | Disclosed range |
|---|---|
| standard (single Franchise Agreement) | $368,447 to $857,112 |
| Multi-Unit Development Agreement | $392,417 to $917,037 |
Format-specific estimates only. Do not combine one format's minimum with another format's maximum.
Investment sourceFDD p.17 ↗
Franchise fees and ongoing costs
- Franchise fee
- $39,950 · 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, payable weekly on Monday by electronic transfer
- Marketing contribution
- 2% (basis not captured; see original filing)
- Technology fee
- Boulevard POS software fee $420-$550 per month, paid directly to third-party supplier
- Other fees
- Marketing Agency Management Fee (25% of monthly digital marketing spend, $500-$2,500/mo plus $250-$1,450 one-time setup); Ongoing/Refresher Training $500-$1,500/day; Support Fee $3,500/week if no certified Spa Manager
- Working capital (FDD Item 7)
- $5,000 - $35,000 for the first 3 months of operation, covering initial employee wages, management compensation (excluding owner draw/salary), equipment/supply purchases, marketing fees, local advertising, utilities, and repairs/maintenance
Fees sourceFDD p.12 ↗
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.17 ↗
Franchise fee sourceFDD · page not captured ↗
Financial performance: Item 19
- Item 19 captured
- Yes
- Metric / basis
- Average annual Gross Sales per Float Spa and per float pod, ranked list of all 29 franchised outlets, plus expense/net profit breakdown (Top 10, Middle 9, Median, Average of all outlets) as a percentage of Gross Sales
- Reporting period
- Fiscal year July 2020 - June 2021
- Sample
- 29 franchised Float Spas open at least 12 months (out of 31 franchised outlets); separately, 5 affiliate/company-owned Float Spas listed, with expense table covering 4 company/affiliate-owned outlets
- Reported average
- Not captured
- Reported median
- $484,769.12
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.49 ↗
Unit growth: Item 20
- Reporting year
- 2021
- Scope
- franchised outlets
- Starting outlets
- 28
- Year-end outlets
- 31
- Net change
- +3
- Derivation
- ending minus starting outlets
- Openings
- 4
- Terminations
- 0
- Non-renewals
- 0
- Other closures
- 0
- Reacquisitions
- 1
- Transfers
- 2
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.56 ↗
SBA loan history
- Loan activity
- 4 approvals
- Activity window
- FY2021-FY2026 YTD; snapshot 2026-06-30
- Median SBA loan
- Not captured
- Median loan window
- Not captured
- Median loan sample
- Not captured
- Historical charge-off share
- 0.00%
- Cohort
- 7(a) FY2010-2019 approvals
- Numerator / denominator
- 0 / 15
- 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 ↗
Questions before you invest
How much does True Rest Spa franchise cost?
standard (single Franchise Agreement): $368,447 to $857,112; Multi-Unit Development Agreement: $392,417 to $917,037 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $39,950 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..
Investment sourceFDD p.17 ↗
Franchise fee sourceFDD · page not captured ↗
How much do True Rest Spa owners make?
Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average annual Gross Sales per Float Spa and per float pod, ranked list of all 29 franchised outlets, plus expense/net profit breakdown (Top 10, Middle 9, Median, Average of all outlets) as a percentage of Gross Sales. Sample: 29 franchised Float Spas open at least 12 months (out of 31 franchised outlets); separately, 5 affiliate/company-owned Float Spas listed, with expense table covering 4 company/affiliate-owned outlets. Period: Fiscal year July 2020 - June 2021.
Item 19 performance sourceFDD p.49 ↗
What's the SBA charge-off rate for True Rest Spa?
0.00%; numerator / denominator: 0 / 15. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability.
SBA loans 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
Original source · FDD issued: Not captured; Registry received: 12/05/2021
Document: 21438-202112-03; document SHA-256: 7c56db488bcc35bea9c2d3895d26fedd6559793b44f12d1989cb398176960cdc
PDF page: 12; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Original source · FDD issued: Not captured; Registry received: 12/05/2021
Document: 21438-202112-03; document SHA-256: 7c56db488bcc35bea9c2d3895d26fedd6559793b44f12d1989cb398176960cdc
PDF page: 17; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Original source · FDD issued: Not captured; Registry received: 12/05/2021
Document: 21438-202112-03; document SHA-256: 7c56db488bcc35bea9c2d3895d26fedd6559793b44f12d1989cb398176960cdc
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
Original source · FDD issued: Not captured; Registry received: 12/05/2021
Document: 21438-202112-03; document SHA-256: 7c56db488bcc35bea9c2d3895d26fedd6559793b44f12d1989cb398176960cdc
PDF page: 49; pointer: section-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Original source · FDD issued: Not captured; Registry received: 12/05/2021
Document: 21438-202112-03; document SHA-256: 7c56db488bcc35bea9c2d3895d26fedd6559793b44f12d1989cb398176960cdc
PDF page: 56; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
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