Clovr Life Spa

Clovr Life Spa

Spa services
Find out what franchise is right for you
Units as of 2019
4 (3 added in 3 years)
75.0%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$410K - $765K

Company Overview

About Clovr Life Spa

Founded
2016
Leadership
Lyle Myers, CEO

Franchising Overview

Franchising Since
2017 (4 years)
# of employees at HQ
9
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
4 (as of 2019)

Franchisor Information

Social
Facebook
Corporate Address
8377 E. Hartford Dr., #105
Scottsdale, AZ 85255

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Clovr Life Spa 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
$39,000
Initial Investment
$410,275 - $764,775
Net Worth Requirement
$400,000
Cash Requirement
$150,000
Veteran Incentives
10% off franchise fee
Royalty Fee
7%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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
Clovr Life Spa has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

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
22 hours
Classroom Training
28 hours
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
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
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Clovr Life Spa landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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