True Rest vs CLOVR Life Spa Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of True Rest vs CLOVR Life 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 | $108,775 - $281,225 |
Franchise Fee |
$39,950 | $39,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
2009 | 2019 |
Year Franchised |
2014 | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
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
| - |
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 |
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 CLOVR Life Spa
CLOVR Life Spa elevates the standard day spa experience to a wellness
and beauty journey that is personalized for you. Artfully curated spaces
welcome you to unique experiences; The Chill Lounge to relax or meditate, inspiring CLOVR Life Spa treatment rooms to revive and The Living Room a place designed to socialize with your community.
The total investment necessary to begin operation of a new CLOVR Life Spa Regional Developer Business ranges from $108,775 to $281,225. These
amounts include $98,275 to $244,225 that must be paid to the franchisor.
The estimated initial investment and amounts payable to the franchisor
reflect their estimate of the total initial investment and fees payable
to the Franchisor in connection with a Development Area suitable for
between ten (10) and twenty-five (25) CLOVR Life Spa.