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

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.

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Source: 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

Estimated initial investment by named format
FormatDisclosed 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
Fees

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

Investment

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

Franchise fee

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

Item 19 performance

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

Unit growth

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

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