Augment Wellness franchise
2024 filing · April 12, 2024
Augment Wellness at a glance
A recovery and wellness studio offering ice baths, saunas, cryotherapy, compression, red-light therapy and an oxygen bar. At the end of 2023 there were 1 Augment Wellness locations in the US, all company-owned.
The business
- Franchisor
- Augment Inc
- The company that sells the franchises
- Franchisor based in
- Gilbert, Arizona
- Typical size
- 2,000–3,500 sq ft
What you pay
- Cost to open
- $367K–$957K
- Standard studio
- Franchise fee
- $39,000
- Paid once, when you sign
- Royalty
- 7%
- The greater of 7% of gross sales or $2,495 a month
- Brand fund
- None now
- 2% of gross sales, not charged at present
- Renewal fee
- See terms
- 25% of the then-current Standard Initial Franchise Fee
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2021–2023
- States
- 1
- Most in Arizona
From Augment Inc’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Augment Wellness among all franchises with the same figure.
| Figure | Augment Wellness | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $661,750 | Costs more than 74% of franchises |
| Franchise feePaid once, when you sign | $39,000 | Lower than 58% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Augment Wellness franchise costs
Opening standard studio costs an estimated $366,500 to $957,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($105,000 to $400,000) and initial inventory and equipment package ($50,000 to $150,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $39,000 | ||
| Signage | $5,000 | $8,000 | |
| Initial Lease Deposit and Rent – First 12 Months | $52,000 | $91,000 | |
| Leasehold Improvements | $105,000 | $400,000 | |
| Architect | $15,000 | $25,000 | |
| Business Licenses | $250 | $500 | |
| Payment Processing Set-up | $250 | $2,000 | |
| P.O.S. System | $2,500 | $5,000 | |
| Initial Start-up Packages, Printing, etc. | $5,000 | $10,000 | |
| Legal and Accounting Fees | $500 | $6,500 | |
| Initial Inventory and Equipment Package | $50,000 | $150,000 | |
| Grand Opening | $10,000 | $15,000 | |
| Initial Advertising/Marketing of Franchised Unit | $36,000 | $50,000 | |
| Insurance and Membership Bonds | $1,000 | $5,000 | |
| Additional Funds – 12 Months | $45,000 | $150,000 | |
| Total | $366,500 | $957,000 | |
Source: Augment Inc, 2024 filing, page 20
Augment Wellness franchise fee
The franchise fee is $39,000. You pay it when you sign the franchise agreement.
Source: Augment Inc, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | The greater of 7% of gross sales or $2,495 a month. |
|---|---|
| Brand or marketing fund | 2% of gross sales, not charged at present. |
| Renewal Fee | 25% of the then-current Standard Initial Franchise Fee |
| Additional Training at Franchisee’s Request | Then-current rates, currently $500 per day. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Augment Inc, 2024 filing, pages 11 and 12
Other fees as filed, from pages 12–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Augment Wellness does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Augment Inc, 2024 filing, page 51
How Augment Wellness compares
Of the 121 spa franchises on this site, Augment Wellness is the 66th cheapest to open and the 90th largest by number of locations.
| Figure | Augment Wellness | Typical spa brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $367K | $334K | $222K |
| Cost to open, high end | $957K | $670K | $477K |
| Franchise fee | $39K | $50K | $40K |
| Royalty | 7% | 6% | 6% |
| US locations | 1 | 9 | 21 |
| Shares earnings figures | No | 85 of 121 | 2,147 of 3,352 |
Typical is the median across the 121 brands in spa franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 0 | 0 | 0 |
| 2022 | 0 (0) | 0 | 0 | 0 |
| 2023 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Augment Inc, 2024 filing, page 51
Where Augment Wellness locations are
At the end of 2023, Augment Wellness had locations in 1 state. The most are in Arizona.
- Arizona1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Arizona | 0 | 1 | 1 |
Source: Augment Inc, 2024 filing, page 52
Who owns Augment Wellness?
Augment Wellness franchises are sold by Augment Inc. Its filing names no parent company.
From Augment Inc’s 2024 filing, page 7.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Augment Inc, 2024 filing, litigation on page 10, bankruptcy on page 10
Augment Wellness filings
The figures on this page come from Augment Inc’s 2024 filing, issued April 12, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 12, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Augment Wellness is also on these lists: health and wellness franchises.