SuiteSweat
At a Glance
Products & Services: Infrared sauna therapy & wellness studio
Number of Locations: 2
Total Investment: $39K - 195K
Founded: 2009
Began Franchising: 2011
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 2 | 0 | 0 | 0 |
| 2011 | 1 | 0 | 0 | 0 |
| 2010 | N/A | N/A | N/A | 1 |
| 2009 | N/A | N/A | N/A | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $39,000 - $195,000
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $50,000
Operations
Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
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