Bottom line
- Total investment $262K – $525K including a $40K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100.
- Emerging franchise — only 2 years of franchising with 8 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Cloud 9 Foot Spa unit return on the cash you put in?
Unlevered ROIC · per unit
38%
In Yale's "attractive" band (30–60%)
Overview
About
Cloud 9 Foot Spa franchisees operate foot reflexology and spa treatment centers offering services like foot massages, herbal soaks, and relaxation therapies. Day-to-day operations include scheduling client appointments, managing therapist staff, maintaining spa facilities and equipment, managing inventory of oils and supplies, and handling front-desk customer service and billing.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Cloud 9 Foot Spa presents material risk due to going concern status, tiny system size, absent financial disclosures, and inability to validate promised returns.
Score breakdown · what drove the 65 / 100 rating
- 01HIGHGoing Concern status is False — indicates potential financial instability or operational challenges at corporate level
- 02MINOROnly 8 units system-wide with unknown growth trajectory — suggests stagnant or declining franchise model
- 03MINORNo average revenue or net income disclosure (no Item 19) — impossible to validate ROI claims or unit economics
- 04MEDHigh investment range ($262K–$525K) with 5% royalty against undisclosed revenue makes payback period unknowable
- 05MINORSmall unit count limits peer validation and suggests weak market traction or recent setbacks
- 06MINOR10-year term locks franchisee into relationship with unstable franchisor
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
18 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Cloud 9 Foot Spa · FDD (2025) PDF