What it Takes to Own a Woodhouse Spa

Investment and Financial Requirements

As a franchise owner, you benefit from brand recognition, a proven model, franchise training, and so much more in exchange for an investment in your business. To help you understand what you’ll need to get started on a Woodhouse Spa franchise of your own, we’ve outlined the financial investment expected for your first spa location. While we don’t offer financing ourselves, we can provide you with guidance and connect you to funding solutions.

Financial Qualifications
  • $500,000 Minimum Liquid Assets
  • $1,000,000 Minimum Net Worth
  • $1,438,800 - $2,061,400** Estimated Initial Investment

Investment Cost

  • Type of
    Expenditure

    Minimum Investment

    Maximum Investment

  • Initial Franchise Fee

    $55,000

    $55,000

  • Fixtures, Furniture, and Equipment

    $266,500

    $355,000

  • Computer Systems

    $40,500

    $57,800

  • Additional IT Components and Labor

    $20,000

    $28,000

  • Security Deposit and Rent

    $33,750

    $56,000

  • Leasehold Improvements

    $700,000

    $945,000

  • Signage

    $7,500

    $15,000

  • Business Licenses and Permits

    $250

    $1,000

  • Space Planning and Architectural Fees

    $30,000

    $40,000

  • Training Expenses

    $5,000

    $8,000

  • Professional Services

    $3,000

    $10,000

  • Insurance*

    $1,500

    $4,000

  • Grand Opening

    $15,000

    $15,000

  • Initial Inventory

    $40,000

    $44,000

  • Repairs and Maintenance*

    $2,500

    $9,500

  • Payroll*

    $200,000

    $355,000

  • Janitorial*

    $1,000

    $7,600

  • Utilities*

    $2,300

    $15,000

  • Additional Funds for Start-Up Phase*

    $15,000

    $40,000

  • Development Fee (not included in the total)

    $35,000

    $35,000

  • TOTAL
    (*3 month period)

    $1,438,800

    $2,061,400

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