7/10

Franchimp Summary Rating

3 /10
Higher than 78% of peers

Franchise Summary

Description
As a PERSPIRE SAUNA STUDIO franchisee, you will offer infrared sauna sessions, chromotherapy and relaxation to your clientele, and related services and ancillary related merchandise under the Mark “PERSPIRE SAUNA STUDIO.”
Company Background
PERSPIRE SAUNA STUDIO is a franchised health and wellness company that specializes in infrared sauna sessions, chromotherapy, and relaxation. Our services are designed to help clients improve their moods, mental clarity, well-being, energy levels, circulation of blood and lymphatic fluid through the body's tissues (helps with detox), reduce inflammation (good for people who suffer from arthritis), relieve pain (great for chronic back pain) as well as other benefits. We offer these services at both our studio locations or on-site at your location.
Franchise Opportunity
People are looking for new and innovative ways to improve their health, but may not know where to start. Traditional methods of exercise and dieting can be difficult to stick with, and they don't always offer the results people are looking for. PERSPIRE SAUNA STUDIO offers a unique and relaxing experience that helps people improve their health in a sustainable way. Our infrared sauna sessions help detoxify the body, our chromotherapy treatments help regulate moods, and our relaxation services promote stress relief.
Corporate Structure
Sweat Equity Group, LLC is a limited liability company formed under California law on September 26, 2017. The began offering franchises for the operation of PERSPIRE SAUNA STUDIO businesses in December 2017. Their principal business address is 3471 Via Lido. #209, Newport Beach, CA 92663.

Earnings Transparency

10 /10
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Beauty related services Industry

$395,768 / unit

Franchise Type: Standard

Average Revenue During 2020

$395,768
$76,752
Industry Low
$1,249,999
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Perspire Sauna Studio Franchise System Development in 2020

FAQ

How much investment do I need to start my own Perspire Sauna Studio business?
Franchisees typically require at least $434 to $882 investment to get their Perspire Sauna Studio business started
What are the initial franchise fees for Perspire Sauna Studio?
Franchisees typically need to pay at least $50 in fees directly to Perspire Sauna Studio in order to earn the right to launch their business
How much money can I make with a Perspire Sauna Studio franchise? What are the average revenues for a typical Perspire Sauna Studio business?
We estimate that the average revenue of an individual Perspire Sauna Studio unit is approximately $395,768. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Perspire Sauna Studio unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

3 /10
The Franchisor's investment costs ranges from $434,712 to $882,253 which is Much Higher than the $0 to $0 average in the Beauty related services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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