Neurosculpting Institute franchise
2022 filing · April 29, 2022Growing
Neurosculpting Institute at a glance
A meditation practice whose certified facilitators teach the brand's five-step meditation method in classes and private sessions. At the end of 2021 there were 58 Neurosculpting Institute locations in the US, 57 franchised and 1 company-owned.
The business
- Franchisor
- Neurosculpting Institute Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2016
- 6 years of selling franchises
What you pay
- Cost to open
- $10K–$131K
- A certified facilitator practice
- Franchise fee
- $7,500
- Payable in one sum or in installments over two to ten months
- Royalty
- $210 a year
- No percentage royalty: certified facilitators pay an annual certification fee, at least $210 a year
- Agreement length
- 3 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2021
- 58
- Franchised and company-owned
- Franchised
- 57
- Company-owned
- 1
- Change in 3 years
- +6
- Franchised locations, 2019–2021
- States
- 18
- Most in Colorado, California and Wisconsin
From Neurosculpting Institute Franchising, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Neurosculpting Institute among all franchises with the same figure.
| Figure | Neurosculpting Institute | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $70,375 | Costs less than 93% of franchises |
| Franchise feePaid once, when you sign | $7,500 | Lower than 97% of franchises |
| US locationsFranchised and company-owned | 58 | More than 67% of franchises |
How much a Neurosculpting Institute franchise costs
Opening a certified facilitator practice costs an estimated $10,100 to $130,650. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $20K.
The biggest costs are leasehold improvements ($0 to $100,000) and furniture and fixtures ($0 to $8,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Payments for Items Supplied by us or our affiliates | $30 | $150 | |
| Recommended Local Advertising Expenditure | $50 | ||
| Initial Franchise Fee | $7,500 | ||
| Leasehold Improvements | $0 | $100,000 | |
| Furniture and Fixtures | $0 | $8,000 | |
| Computer System | $0 | $4,000 | |
| Website Maintenance Fee | $0 | $150 | |
| Initial Training Expenses | $2,000 | $4,000 | |
| Utility Deposits and Business Licenses | $500 | $5,000 | |
| Additional Funds - 3 Months | $100 | $2,000 | |
| Total | $10,100 | $130,650 | |
Source: Neurosculpting Institute Franchising, LLC, 2022 filing, page 13
Neurosculpting Institute franchise fee
The franchise fee is $7,500, payable in one sum or in installments over two to ten months. You pay it when you sign the franchise agreement.
Source: Neurosculpting Institute Franchising, LLC, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | No percentage royalty: certified facilitators pay an annual certification fee, at least $210 a year. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Neurosculpting Institute Franchising, LLC, 2022 filing, page 12
Sales and earnings
No figures Neurosculpting Institute 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: Neurosculpting Institute Franchising, LLC, 2022 filing, page 28
Growth and closures
Share of franchised locations, 2021 / 2019–2021. Typical means the median: half of brands are above it, half below.
| Measure | Neurosculpting Institute | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −6.6% / +12% | +6.7% / +23% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 8.2% / 27% | 6.3% / 29% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical health and wellness brand is the median of the 57 brands in health and wellness franchises with three years of counts.
How Neurosculpting Institute compares
Of the 199 health and wellness franchises on this site, Neurosculpting Institute is the 4th cheapest to open and the 45th largest by number of locations.
| Figure | Neurosculpting Institute | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $10K | $224K | $222K |
| Cost to open, high end | $131K | $498K | $477K |
| Franchise fee | $8K | $45K | $40K |
| US locations | 58 | 10 | 21 |
| Shares earnings figures | No | 125 of 199 | 2,147 of 3,352 |
Typical is the median across the 199 brands in health and wellness franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 58 (+7) | 2 | +8 | −1 |
| 2020 | 61 (+3) | 1 | +11 | −8 |
| 2021 | 57 (−4) | 1 | +1 | −5 |
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: Neurosculpting Institute Franchising, LLC, 2022 filing, page 29
Where Neurosculpting Institute locations are
At the end of 2021, Neurosculpting Institute had locations in 18 states. The most are in Colorado, California and Wisconsin.
- Colorado31
- California5
- Wisconsin3
- New Jersey2
- North Carolina2
- Pennsylvania2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Colorado | 30 | 1 | 31 |
| California | 5 | 0 | 5 |
| Wisconsin | 3 | 0 | 3 |
| New Jersey | 2 | 0 | 2 |
| North Carolina | 2 | 0 | 2 |
| Pennsylvania | 2 | 0 | 2 |
| Washington | 2 | 0 | 2 |
| Connecticut | 1 | 0 | 1 |
| Florida | 1 | 0 | 1 |
| Idaho | 1 | 0 | 1 |
All 18 states
| Illinois | 1 |
|---|---|
| Massachusetts | 1 |
| New Mexico | 1 |
| New York | 1 |
| North Dakota | 1 |
| Rhode Island | 1 |
| Texas | 1 |
| Virginia | 1 |
Source: Neurosculpting Institute Franchising, LLC, 2022 filing, page 30
Who owns Neurosculpting Institute?
Neurosculpting Institute franchises are sold by Neurosculpting Institute Franchising, LLC. Its filing names no parent company.
From Neurosculpting Institute Franchising, LLC’s 2022 filing, page 9.
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: Neurosculpting Institute Franchising, LLC, 2022 filing, litigation on page 11, bankruptcy on page 11
Neurosculpting Institute filings
The figures on this page come from Neurosculpting Institute Franchising, LLC’s 2022 filing, issued April 29, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 29, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Neurosculpting Institute is also on these lists: education franchises.