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Updated RecentlyNature's Soap Dish vs True Rest Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nature's Soap Dish vs True Rest including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $80,000 | $359,887 - $778,812 |
| Franchise Fee | $25,000 | $39,950 |
| Royalty Fee | 3% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2000 | 2009 |
| Year Franchised | 2002 | 2014 |
| Term Of Agreement | 2 years | - |
| Term Of Agreement | 2 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | In-depth three day training at University Tour of existing locations for spa finish concepts Classroom and hands-on role playing training On-The-Job Training: 48 hours Classroom Training: 24 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Nature's Soap Dish
Nature's Soap Dish is on the pages of http://www.franchisefailure.com/natures-soap-dish-franchise-failure/
About True Rest
In 1954, John C. Lilly began experimenting with the mind’s response to "sensory deprivation." The next real step in the evolution of float tanks came in the early
1970s, when the floatation chamber changed from an intimidating
laboratory behemoth into the modern-sleek more welcoming pods we know
and love today.
The first float tank center was opened in 1973 in Beverly Hills,
California. It spawned a surge in interest in floatation therapy, and
paved the way for new centers to open all around the world. Over the
next decade, centers saw steady growth and many news and media outlets
ran featured stories about the therapy, the tanks, and the medical
benefits.
If the present growth of the industry is any indication, the future of
floating is bright. The community of supporters is growing steadily, the
industry is advancing, and the practice of floatation therapy is
becoming more available to the general public.
True REST Float Spa is a world's largest float spa brand. With over 78 awarded franchised locations across the country, it is on its way to servicing 1 million floats.
True REST Float Spa has created a luxury float spa experience in 10 inches of water and one thousand pounds of Epsom salts. Clients float effortlessly in their float suite. Each location is dedicated to providing pain relief, relaxation and better sleep through a 60-minute float session. True REST Float Spa offers monthly memberships programs and packages.
Veteran Incentives 10% off franchise fee
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#205 in Franchise 500 for 2020.
#139 in Franchise 500 for 2021.