medspa810 Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
medspa810 is a medical aesthetics franchise offering injectables, laser treatments, and skincare services. Franchisees run the clinics, managing licensed providers, appointments, and treatment sales.
FranchiseVerdict summary · 2026
A medspa810 franchise requires a total initial investment of $476K – $868K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. The 2023 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: F (Weakest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2023 FDD issuance
Overview
- Investment
- $476K – $868K
- 66th pct Healthcare
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 11th pct Healthcare
- Units
- 3
- 11th pct Healthcare
- SBA charge-off
- N/A
Quick verdict · Healthcare · color = vs category peers
Green = favorable by >10% vs Healthcare avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $476K – $868K including a $60K franchise fee, 6.0% ongoing royalty.
- RETURNSTotal operating revenue comprises initial franchise fee revenue ($45,000) and royalty revenue ($79,477) for FY2022. Other income of $26,048 is reported separately below operating revenue. Company reported a net loss of $(1,069,538) for FY2022.
- RISKVerdict F (Weakest tier), verdict score 14/100 (higher is better).
- FLAGAuditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- medspa810 Franchising, LLC
- Parent company
- Princeton Franchise Partners, LLC
- Predecessor
- SPA 810, L.L.C.
- Prior franchisor entity
- CEO title
- President and Chief Executive Officer
- Greg Longe
- Incorporated in
- DE
- HQ
- 47 Hulfish Street, Suite 305, Princeton, NJ 08542
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $124K
- vs $85K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
- ⚠ Going-concern note
- Disclosed in FDD 2023
- Status as of 2023; may have been resolved in a later filing we don't yet have.
Overview
About
- CEO
- Greg Longe
- Headquarters
- NJ
- Founded
- 2018
- FDD year
- 2023
- States available
- 3
Can you afford it, and what does the money buy?
Entry cost runs 62% above the typical healthcare franchise.
Source: FDD 2023 · Items 5–7
Full Item 7 breakdown19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $60K | $60K | |
| Food, Lodging & Travel (2 people while training) | $2K | $4K | |
| Lease Deposit & Rent | $10K | $30K | |
| Architectural Plans | $8K | $11K | |
| Build Out & Improvements | $150K | $400K | |
| Project Development Fees | $18K | $28K | |
| Signage | $8K | $15K | |
| Decorating, Furniture & Furnishings | $10K | $28K | |
| Computer and POS System | $10K | $15K | |
| Franchise Professional Equipment Package (plus tax and shipping)not refundable | $76K | $90K | |
| Other Equipment | $16K | $25K | |
| Initial Supply of Inventory | $9K | $11K | |
| General Startup Supplies | $4K | $8K | |
| Medical Director Recruitment Fee (Optional) | $0 | $7K | |
| Utility Deposits & Business Licenses | $2K | $4K | |
| Professional Fees | $2K | $8K | |
| Initial Marketing Spend - Prior to Opening and First 3 Months of Operation | $30K | $30K | |
| Insurance (3 months' premium) | $3K | $6K | |
| Additional Funds (3 months after opening) | $60K | $90K | |
| Total initial investment | $476K | $868K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $476K – $868K
- Middle of category vs category
- Liquid capital req'd
- $60K – $90K
- Middle of category vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $250 |
| Training fee | $500 |
| Transfer fee | $10K |
| Renewal fee | $1K |
| Inventory (initial) | $9K – $11K |
| Total fee load | 7.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
medspa810 did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one medspa810 unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
18%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2023 FDD
Financial Performance
Total operating revenue comprises initial franchise fee revenue ($45,000) and royalty revenue ($79,477) for FY2022. Other income of $26,048 is reported separately below operating revenue. Company reported a net loss of $(1,069,538) for FY2022.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% — below the Healthcare average of 8.8%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System shrank 25.0% over 3 years — 2 closures. Ask existing franchisees about local market conditions.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Healthcare averages
How medspa810 Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 1
- Last reporting year
- Closed
- 2
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 66.7%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -25.0%
- Net unit change over 3 years
- 3-yr CAGR
- -25.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 2
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 6
- Franchisor's next-year forecast
- Transfer rate
- 33.3%
- Owners selling to other franchisees
- Ceased ops
- 66.7%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 3 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
3
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 8 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 8
- Loan volume
- $3.0M
- Median loan
- $274K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (8 loans) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
The auditor flagged going-concern doubt (Item 21) — the single biggest risk here.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
This is a collapsing franchise system with a history of founder fraud litigation, no financial transparency, and a going concern warning—avoid unless franchisee can directly verify unit profitability with existing owners and conduct forensic review of franchisor financials.
Litigation (Item 3)
Two concluded predecessor litigation cases: (1) Henry & Malone v. Dunatov et al. (2014) - fraud allegations re regional developer agreement, settled for $275,000; (2) Angela Henry et al. v. SPA 810 (2017) - fraud/breach of contract re settlement payment failure, default judgment of $450,000 plus $12,500 attorney fees. All claims satisfied through SPA 810 bankruptcy reorganization.
Largest disclosed settlement: $450,000
Bankruptcy (Item 4)
Disclosed in last 7 years
Predecessor SPA 810, L.L.C. filed Chapter 11 in USBC District of Arizona (Case No. 2:18-bk-06718-DPC) on June 11, 2018; plan confirmed January 24, 2019. Also: Collision on Wheels International LLC (CEO Greg Longe) filed Chapter 7 in USBC Eastern District of Michigan on July 20, 2010, terminated December 10, 2014.
Audited financials (Item 21)
Yes · Kezos & Dunlavy⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 14 / 100 verdict
- 01MEDSevere unit decline: 25% contraction YoY (3 units remaining) suggests systemic business model or support failures
- 02HIGHMaterial litigation history: Two fraud/breach cases totaling $725,000 in settlements/judgments against predecessor entity and principals raises governance and integrity concerns
- 03MINORNo financial disclosure: Absent Item 19 revenue/profitability data prevents ROI validation; combined with unit collapse, suggests franchisor may be hiding poor unit economics
- 04HIGHGoing concern flag: True status indicates potential financial instability of franchisor itself, creating support and survival risk
- 05MINORHigh investment-to-unit ratio: $475,950–$867,950 entry cost with only 3 franchisees operating implies minimal proven demand and high failure risk
- 06HIGHNon-transparent rebranding: Transition from SPA 810 to medspa810 may obscure negative history; litigation involved 'predecessor' entity but same principals/operations
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2023 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2 mi |
| Territory population | 100,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 15 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Princeton, New Jersey |
| Jury trial waiver | No |
| Governing law | NJ |
| Litigation count | 2 |
View Item 3 litigation summary
Two concluded predecessor litigation cases: (1) Henry & Malone v. Dunatov et al. (2014) - fraud allegations re regional developer agreement, settled for $275,000; (2) Angela Henry et al. v. SPA 810 (2017) - fraud/breach of contract re settlement payment failure, default judgment of $450,000 plus $12,500 attorney fees. All claims satisfied through SPA 810 bankruptcy reorganization.
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 32 hrs
- Training location
- Bedford, CT (or other designated location) and franchisee's business location
- Ongoing training
- Required
- Field support
- 0 hrs/yr
- On-site visits per year
- Time to open
- 12 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- POS system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POS system
Item 20 · call current owners
Franchisee Contacts
6 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
medspa810 · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a medspa810 franchise?
The total investment to open a medspa810 franchise ranges from $476K – $868K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do medspa810 franchise owners earn?
medspa810 does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the medspa810 FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the medspa810 FDD and qualifies whose outlets they describe.
What is medspa810's franchise failure rate?
SBA 7(a) loan charge-off data is not available for medspa810 (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many medspa810 franchise locations are there?
As of their most recent FDD filing, medspa810 has 3 total units in the United States, including 3 franchised units and 0 company-owned units. 1 new units were opened in the latest reporting year.
Is medspa810 a good franchise to buy?
FranchiseVerdict rates medspa810 as a F-grade franchise with a verdict score of 14 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.