True REST Float Spa franchise
2024 filing · October 30, 2024Shares sales figures
True REST Float Spa at a glance
A float spa offering sensory-deprivation float therapy sessions. At the end of 2024 there were 49 True REST Float Spa locations in the US, 45 franchised and 4 company-owned.
The business
- Franchisor
- True REST Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2014
- 10 years of selling franchises
- Franchisor based in
- Tempe, Arizona
- Typical size
- 2,000–3,500 sq ft
What you pay
- Cost to open
- $423K–$1.09M
- Fee, build-out and opening working capital
- Franchise fee
- $39,950
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus currently 2% to the marketing fund and 3% on local marketing
- Brand fund
- 2%
- 2% of gross sales, paid weekly
- Renewal fee
- $1,500
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 49
- Franchised and company-owned
- Franchised
- 45
- Company-owned
- 4
- States
- 20
- Most in Arizona, California and Ohio
From True REST Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
True REST Float Spa among all franchises with the same figure.
| Figure | True REST Float Spa | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $756,855 | Costs more than 78% of franchises |
| Franchise feePaid once, when you sign | $39,950 | Lower than 57% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 49 | More than 64% of franchises |
How much a True REST Float Spa franchise costs
Opening one True REST Float Spa costs an estimated $422,547 to $1,091,162. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: True REST Franchising, LLC, 2024 filing, page 16
True REST Float Spa franchise fee
The franchise fee is $39,950. You pay it when you sign the franchise agreement.
Source: True REST Franchising, LLC, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus currently 2% to the marketing fund and 3% on local marketing. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid weekly. |
| Boulevard POS Software Fee | $420 - $550 per month |
| Transfer Fee | $3,500 |
| Renewal Fee | $1,500 |
| Ongoing/Refresher Training | $500 to $1,500 per day. |
| Local Marketing/Advertising Expenses | 3% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: True REST Franchising, LLC, 2024 filing, page 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures True REST Float Spa publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: True REST Franchising, LLC, 2024 filing, page 49
How True REST Float Spa compares
Of the 121 spa franchises on this site, True REST Float Spa is the 73rd cheapest to open and the 25th largest by number of locations.
| Figure | True REST Float Spa | Typical spa brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $423K | $334K | $222K |
| Cost to open, high end | $1.09M | $670K | $477K |
| Franchise fee | $40K | $50K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 49 | 9 | 21 |
| Change in franchised locations, 0 yrs | +45.2% | +25.6% | – |
| Shares earnings figures | Yes | 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 |
|---|---|---|
| 2022 | 36 (+5) | 4 |
| 2023 | 40 (+4) | 4 |
| 2024 | 45 (+5) | 4 |
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: True REST Franchising, LLC, 2024 filing, page 52
Where True REST Float Spa locations are
At the end of 2024, True REST Float Spa had locations in 20 states. The most are in Arizona, California and Ohio.
- Arizona6
- California6
- Ohio6
- Texas5
- North Carolina4
- Pennsylvania3
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Arizona | 4 | 2 | 6 |
| California | 5 | 1 | 6 |
| Ohio | 6 | 0 | 6 |
| Texas | 5 | 0 | 5 |
| North Carolina | 4 | 0 | 4 |
| Pennsylvania | 3 | 0 | 3 |
| Florida | 2 | 0 | 2 |
| Georgia | 2 | 0 | 2 |
| Michigan | 1 | 1 | 2 |
| New Jersey | 2 | 0 | 2 |
All 20 states
| Utah | 2 |
|---|---|
| Illinois | 1 |
| Mississippi | 1 |
| Nebraska | 1 |
| Nevada | 1 |
| New Hampshire | 1 |
| New Mexico | 1 |
| South Carolina | 1 |
| Tennessee | 1 |
| Virginia | 1 |
Source: True REST Franchising, LLC, 2024 filing, page 54
Who owns True REST Float Spa?
True REST Float Spa franchises are sold by True REST Franchising, LLC. Its filing names no parent company.
From True REST Franchising, LLC’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: True REST Franchising, LLC, 2024 filing, litigation on page 9, bankruptcy on page 10
True REST Float Spa filings
The figures on this page come from True REST Franchising, LLC’s 2024 filing, issued October 30, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | October 30, 2024 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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