medspa810Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
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). Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $476K – $868K
- 63rd pct Healthcare
- Avg gross sales
- N/A
- 48th pct Healthcare
- Royalty
- 6.0%
- 14th pct Healthcare
- Units
- 3
- 11th pct Healthcare
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Healthcare · color = vs category peers
Green = >15% above Healthcare avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system contracted 25% year-over-year. Investigate why units are closing.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $476K – $868K including a $60K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 100/100.
- Auditor 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
- Legal entity
- medspa810 Franchising, LLC
- Parent company
- Princeton Franchise Partners, LLC
- 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
- $119K
- 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
Franchisees operate medical spa facilities offering aesthetic treatments (injectables, laser services, skin treatments) and wellness services. Day-to-day operations include managing licensed aestheticians/nurses, handling client consultations and treatment delivery, managing inventory of medical products, ensuring regulatory compliance (state medical board oversight), and marketing to build recurring clientele.
- CEO
- Greg Longe
- Headquarters
- NJ
- Founded
- 2018
- FDD year
- 2023
- States available
- 3
FDD Item 7 · 2023 filing · 19 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
- Near category avg vs category
- Liquid capital req'd
- $60K – $90K
- Near category avg vs category
- Franchise fee
- $60K – $60K
- Near category avg 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 |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Healthcare averages
How medspa810 Compares
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 (yr3)
- -25.0%
- Net unit change last year
- 3-yr CAGR
- -25.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 1
- 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 20 · 4 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
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
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into medspa810's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 3 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
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)
Item 3 (Litigation) section is blank - no litigation required to be disclosed
Bankruptcy (Item 4)
Disclosed in last 7 years
Two bankruptcies disclosed: (1) SPA 810, L.L.C. (predecessor franchisor) - Chapter 11 filed June 11, 2018 in U.S. Bankruptcy Court, District of Arizona (Case No. 2:18-bk-06718-DPC); reorganization plan approved January 24, 2019; assets acquired by current franchisor as designee of Princeton Franchise Partners, LLC; pending motion by Brioni Enterprises, LLC filed October 6, 2020 seeking to reopen case, with objection filed December 17, 2020 and hearing held January 25, 2021 (unresolved as of disclosure date). (2) Collision on Wheels International, LLC - Chapter 7 filed July 20, 2010 in U.S. Bankruptcy Court, Eastern District of Michigan (Case No. 10-63350-wsd); 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 100 / 100 rating
- 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
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius or Population |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 2 mi |
| Territory population | 100,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | New Jersey |
| Litigation count | 2 |
View Item 3 litigation summary
Item 3 (Litigation) section is blank - no litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 32 hrs
- Training location
- Bedford, CT or other designated location
- Ongoing training
- Required
- Field support
- 0 hrs/yr
- On-site visits per year
- POS system
- POS system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POS system
Item 20 · call current owners
Franchisee Contacts
5 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 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 risk score of 100 out of 100, 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.
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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.