True Rest vs Grand Royal Spa Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of True Rest vs Grand Royal Spa including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
True Rest Franchise
Grand Royal Spa Franchise
Investment $359,887 - $778,812$32,900 - $50,000
Franchise Fee $39,950N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 20092004
Year Franchised 20142004
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
True Rest Franchise
Grand Royal Spa Franchise
Experience -

� Letter of intent stating:

- work and business background of franchisee

- specified location for the intended Grand Royal Spa branch

� Minimum of 120 sq meters space requirement

� Approximately capital investment of PhP1.5 million

� Franchisee must be willing to undergo seminar and training

� Franchisee must have a keen business sense and strong business responsibility


Financing Options
 
True Rest Franchise
Grand Royal Spa Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
True Rest Franchise
Grand Royal Spa Franchise
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 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
True Rest Franchise
Grand Royal Spa Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

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
"Entrepreneur
#205 in Franchise 500 for 2020.
#139 in Franchise 500 for 2021.










About Grand Royal Spa

* Now Grand Royal Spa boasts of five franchise branches all over Luzon and Visayas.
* Grand Royal Spa has come to established a name synonymous with quality service and relaxing ambience   Therefore, a Grand Royal Spa franchise is a wise investment with the assurance of a wide market so you can be sure to recoup your investment in a short period of time. Inclusions in the franchise:
* Right to name
* Propriety Marks
* Systems and Operations Flow  
* Marketing Strategies and Assistance
* On Going System and Personnel Support
* Architectural Plans
* Interior Design
* Hiring/Screening of Therapists
* Marketing/Advertising Materials
* Trainings of Franchisee and Therapists Be part of the Grand Royal Spa Family
* Enjoy the benefits of a profitable health and wellness spa company
* We offer excellence in terms of service and customer care

 Be a franchisee now