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- 2022 Franchise 500 Rank
#347 Ranked #109 last year
- Initial investment
$292K - $637K
- Units as of 2021
52 62.5% over 3 years
Here’s what you need to know if you’re interested in opening a Spavia Day Spa franchise.
The Spavia Day Spa is a high-class facility that offers resort-quality spa services. Each service is tailored to suit an individual's needs. The Spavia Day Spa was launched in 2005 by Allison. But as she noticed an increasing demand for affordable yet quality spa services, they decided to start franchising in 2007. Spavia Day Spa aims to promote self-wellness to its customers while encouraging its franchisees to self-improve.
Why You May Want to Open a Spavia Day Spa Franchise
As a franchisee, your Spavia Day Spa business may provide more than ten types of popular massages, mineral make-up applications, facials, artificial tanning, body scrubs, wax treatment, and hydraderm. Spavia Day Spa has recorded growth with a wide variety of services. There are more than 45 locations operating throughout the United States.
Spavia Day Spa operates on a membership-based business model and offers one-time services for massages, retail, skincare, and various body treatments. This automatic diversification may result in a better chance of customer conversion.
What Might Make a Spavia Day Spa Franchise a Good Choice?
To be part of the Spavia Day Spa team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the franchise's set net worth and liquid capital requirements.
While most franchisees opt to finance their businesses fully, you may qualify for a business loan from Spavia Day Spa third-party financial partners if you meet their set criteria. These third party financers may help you cover the franchise fee, startup cost, equipment finance, inventory finance, accounts/receivable, and payroll.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Research Spavia Day Spa and your local area to see if a Spavia Day Spa franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
How To Open a Spavia Day Spa Franchise
To open a Spavia Day Spa, you will need to submit an inquiry form. A Spavia Day Spa may determine whether you will be a good fit for their franchise and if so, they will reach out to set up a live introductory call. During the call, the brand representative may answer any questions you may have as they also give you an in-depth feel of what running a Spavia Day Spa is like. As part of your due diligence process, you may want to speak to existing franchisees to learn about their experience working with Spavia Day Spa.
If you progress through the process of opening a Spavia Day Spa, you may be awarded a franchise. Franchisees are given the utmost support in the development and design of their Spavia Day Spa. As you near your grand opening, you and your team may complete all relevant Spavia Day Spa training.
About Spavia Day Spa
- Franchising Since
- 2007 (15 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states: California, Colorado, Connecticut, Florida, Georgia, Iowa, Illinois, Indiana, Massachusetts, Michigan, Minnesota, North Carolina, New Jersey, Nevada, New York, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington
- # of Units
- 52 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Spavia Day 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $292,465 - $636,905
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- $1,500 off first-unit franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Spavia Day Spa has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 16 hours
- Classroom Training
- 20+ hours
- Additional Training
- Online training
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in franchise ownership like Spavia Day Spa? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Spavia Day Spa landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Spavia Day Spa ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Spavia Day Spa.
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