True Rest vs Sirius Day Spa Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of True Rest vs Sirius Day Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$359,887 - $778,812 | $410,275 - $764,775 |
Franchise Fee |
$39,950 | $39,000 |
Royalty Fee |
6% | 7% |
Advertising Fee |
2% | 1% |
Year Founded |
2009 | 2017 |
Year Franchised |
2014 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | Sirius Day Spa looks for people with high business acumen and management skills. Franchisees must manage an entire team from spa directors, spa coordinators, estheticians, massage therapists, nail technicians and cosmetologists. The common saying in franchising is that a franchisee will be as successful as they try to be. Owning your own business requires a lot of work and therefore Sirius Day Spa looks for those people who have the drive to succeed. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
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
|
On-The-Job Training: 2 weeks
Classroom Training:1 week
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
| Co-op Advertising
Ad Templates
Regional Advertising |
Operations |
- | Absentee Ownership Allowed |
Expansion Plans |
US Expansion |
Yes | 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
#205 in Franchise 500 for 2020.
#139 in Franchise 500 for 2021.
About Sirius Day Spa
Be a part of the rapidly growing $17 billion luxury Day Spa service
industry. Everybody is looking for ways to relax and be pampered to help
reduce the stress of their everyday lives. This industry has been
dominated by expensive destination day spas and laser-focused single
service concepts like Massage Envy, European Wax, Dry Bar, and others -
UNTIL NOW. At Sirius Day Spa our goal is simple - provide all of those
luxurious spa services that everyone desires, under one roof, in
convenient locations at affordable rates.
Multiple Revenue Streams
- Our business allows for our
franchisees to receive revenue from multiple streams. From introductory
offers on services, to membership dues, to retail products and gift
cards, our franchisees have the opportunity to capitalize on every
person that walks through our spa doors.
Unique Membership
- Sirius Day Spa has a unique membership
that caters to our customers. We know that our members want to
experience and enjoy multiple services at the best value for their
dollar. Our membership applies a dollar-for-dollar credit to the
member’s account for any service they choose at a discounted member
rate. This encourages spending above the membership fee due to the
convenience of having a myriad of services in one location at a
competitive price.
Simple Membership Sale
- When you talk about a membership
model, sales conversion is always a topic of discussion. Since our
membership provides a dollar-for-dollar credit for our guests to use on
any service and is also an appealing month-to-month term, the membership
sale is rather simple. The real benefit to the customer for signing up
is to receive discounts of 30% or more on all services.