Saltvault Franchise Cost, Revenue & Review 2026
- Investment
- $424K – $1.2M
- Disclosed sales
- partial, no system average
- SBA charge-off
- Not SBA-matched
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
SALTVAULT is a boutique fitness franchise offering infrared-heated yoga and group fitness classes. Franchisees run the studios, managing instructors, class scheduling, and membership growth.
FranchiseVerdict summary · 2026
A SALTVAULT franchise requires a total initial investment of $424K – $1.2M, including a $60K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Limited operating history: franchising since 2024. A system this young has fewer than three years of Item 20 outlet history and rarely enough SBA loans for a charge-off rate, so its grade rests on less evidence than an established system's. Read its Item 20 tables and talk to its first franchisees before relying on the grade. Other new franchisors
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $424K – $1.2M
- 77th pct Health & Fitn…
- Avg gross sales
- N/A
- Company-owned only
- Royalty
- 7.0%
- 37th pct Health & Fitn…
- Units
- 3
- 14th pct Health & Fitn…
- SBA charge-off
- N/A
Quick verdict · Health & Fitness · color = vs category peers
Green = favorable by >10% vs Health & Fitness median · 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 $424K – $1.2M including a $60K franchise fee, 7.0% ongoing royalty.
- RETURNSItem 19 is headed "Performance Projection" in the filing itself: the franchisor's affiliate operates three SALTVAULT studios in San Diego County (opened Dec 2019, Apr 2022 and Jun 2024) and projects from their combined results, not from franchisee results. Because the studios differ in size and in how long they have traded, the filing normalises per mat rather than per studio — $46,231 revenue per mat for 2024, or $924,621 for a typical 20-mat studio. We publish no revenue figure for this brand: a projection is not a record of what any outlet earned, and no franchised studio's performance is disclosed.
- RISKVerdict C (Average), verdict score 38/100 (higher is better).
- GROWTHFlat: no net change in franchised outlets in the latest year (0 opened, 0 closed) (Item 20).
- DATAItem 19 does not yield a per-outlet annual revenue figure we can compare across brands. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- SALTVAULT LLC
- Parent company
- SALT Hot Pilates LLC
- FDD Item 1, page 7 of the 2025 FDD
- CEO title
- Founder and Chief Executive Officer
- Elizabeth "Betsy" Blumenfeld
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- California
- HQ
- 2710 Via de la Valle, Suite B-110, Del Mar, California 92014
- Auditor
- Lavine, Lofgren, Morris & Engelberg, LLP
- Audited financials
Overview
About
- CEO
- Elizabeth "Betsy" Blumenfeld
- Headquarters
- California
- Founded
- 2024
- FDD year
- 2025
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 110% above the typical health & fitness franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $60K | $60K | |
| Beginning Bundle Feenot refundable | $45K | $45K | |
| Website Development Feenot refundable | $1K | $1K | |
| Travel and Living Expenses While Training | $2K | $5K | |
| Real Estate/Lease (3 months + deposit) | $25K | $80K | |
| Build-Out/Leasehold Improvements | $150K | $600K | |
| Furniture, Fixtures and Related Supplies | $50K | $150K | |
| Signage | $10K | $25K | |
| Insurance (3 months) | $5K | $20K | |
| Utility Deposits | $0 | $1K | |
| Business License and Permits | $500 | $2K | |
| Computer System, including POS and Sound Systems | $25K | $90K | |
| Technology Fees (3 months)not refundable | $5K | $5K | |
| Professional Fees/Services | $1K | $15K | |
| Grand Opening Expenses | $5K | $30K | |
| Additional Funds - 3 months | $40K | $100K | |
| Total initial investment | $424K | $1.2M |
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
- $424K – $1.2M
- Bottom third — review vs category
- Liquid capital req'd
- $40K – $100K
- Bottom third — review vs category
- Franchise fee
- $60K – $60K
- Bottom third — review vs category
- Royalty
- 7.0%
- typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $2K |
| Training fee | $800 |
| Transfer fee | $10K |
| Renewal fee | $7K |
| Total fee load | 9.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for SALTVAULT is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one SALTVAULT unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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: 2025 FDD
Financial Performance
Item 19 is headed "Performance Projection" in the filing itself: the franchisor's affiliate operates three SALTVAULT studios in San Diego County (opened Dec 2019, Apr 2022 and Jun 2024) and projects from their combined results, not from franchisee results. Because the studios differ in size and in how long they have traded, the filing normalises per mat rather than per studio — $46,231 revenue per mat for 2024, or $924,621 for a typical 20-mat studio. We publish no revenue figure for this brand: a projection is not a record of what any outlet earned, and no franchised studio's performance is disclosed.
Company-owned outlets only - not franchisee performance
- Item 19 type
- projection
- Sample size
- 3
- vs category median 11 · small
- Source filing
- FDD 2025
- The FDD edition these figures were read from
- Transparency
- 6 / 10
- vs category median 4 / 10 · above
Compared against 173 Health & Fitness brands
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 9.0% (near the Health & Fitness median).
Disclosure
Item 19 does not yield a per-outlet annual revenue figure we can compare across brands.
Multi-unit rate
Only 10% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
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 Health & Fitness medians
How Saltvault Compares
Category median of published Health & Fitness brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- N/A
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Multi-unit owners
- 10.0%
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 0
- Reacquired
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state 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.
1
states with franchisees (per FDD Item 12)
Where the owners are · Item 20 owner list
1 current owner across 1 state.
- CA 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
Item 3 states "No litigation is required to be disclosed in this Item."
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Lavine, Lofgren, Morris & Engelberg, LLP
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 38 / 100 verdict
- 01MINOROnly 3 units in system with unknown/stagnant growth trajectory suggests minimal proof of concept and scalability
- 02MINORHigh investment range ($424k-$1.2M) relative to only 3 units suggests unproven unit economics and excessive capital requirements
- 03MINOR7% royalty on gross sales (not net) combined with high initial investment creates cash flow pressure in early years
- 04MINORMicro-franchise system (3 units) presents extreme execution risk — one failed unit = 33% system failure rate
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · 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 territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2 mi |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | San Diego County, California |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
Item 3 states "No litigation is required to be disclosed in this Item."
Items 10, 11
Training & Operations
- Classroom training
- 15 hrs
- On-the-job training
- 0 hrs
- Training location
- SALTVAULT University, Del Mar, California
- Ongoing training
- Required
- POS system
- Mindbody
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Mindbody
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a SALTVAULT franchise?
The total investment to open a SALTVAULT franchise ranges from $424K – $1.2M, 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 SALTVAULT franchise owners earn?
Item 19 of the SALTVAULT FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns SALTVAULT?
SALTVAULT is franchised by SALTVAULT LLC. Its parent company is SALT Hot Pilates LLC. Source: FDD Item 1, 2025 filing.
What is Item 19 in the SALTVAULT 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 SALTVAULT FDD and qualifies whose outlets they describe.
What is SALTVAULT's franchise failure rate?
SBA 7(a) loan charge-off data is not available for SALTVAULT (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 SALTVAULT franchise locations are there?
As of their most recent FDD filing, SALTVAULT has 3 total units in the United States.
Is SALTVAULT a good franchise to buy?
FranchiseVerdict rates SALTVAULT as a C-grade franchise with a verdict score of 38 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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
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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.