Perspire Sauna Studio
Formerly known as Sweat Equity
Bottom line
- Total investment $566K – $990K including a $50K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 136 loans (below the industry average).
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
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 Perspire Sauna Studio unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Overview
About
Franchisees operate infrared sauna studios offering 30–45 minute wellness sessions, memberships, and add-on services (chromotherapy, sound therapy). Day-to-day operations include managing studio scheduling, member check-ins, facility maintenance, cleaning/sanitization, staff scheduling, and marketing to drive recurring membership revenue.
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 · 22 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Perspire presents moderate-to-caution risk due to lack of financial transparency (no Item 19), high capital requirements, aggressive growth rate, and unclear unit economics in a competitive wellness category.
Score breakdown · what drove the 44 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — unable to validate ROI claims or typical unit profitability
- 02MEDHigh capital requirement ($565k–$990k) with no disclosed average revenue or net income benchmarks
- 03MINORRapid expansion (46.7% YoY growth) may indicate aggressive recruitment over unit sustainability; quality control risk
- 04MINORMinimum royalty floor of $600/month creates fixed cost burden even for underperforming locations
- 05MEDWellness/fitness category has high failure rates; sauna studios are experiential with limited recurring revenue model clarity
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
67 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Perspire Sauna Studio · FDD (2025) PDF