Jon'Ric International vs True Rest Franchise Comparison

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

Start-Up Costs and Fees
 
Jon'Ric International Franchise
True Rest Franchise
Investment $65,000 - $399,999$359,887 - $778,812
Franchise Fee $35,000$39,950
Royalty Fee 2%6%
Advertising Fee -2%
Year Founded 19832009
Year Franchised 20032014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Jon'Ric International Franchise
True Rest Franchise
Experience

General business experience

-

Financing Options
 
Jon'Ric International Franchise
True Rest Franchise
  In-House/3rd PartyIn-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
 
Jon'Ric International Franchise
True Rest 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

Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures

Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing

National & Regional advertising

Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations

33% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 10

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

-

Expansion Plans
 
Jon'Ric International Franchise
True Rest Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion YesYes

Company Overviews

About Jon'Ric International

Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.

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.