SpaviaFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Spavia franchise requires a total initial investment of $496K – $796K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.1M[2]. SBA 7(a) loans show a 8.0% charge-off rate across 46 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $496K – $796K
- 41st pct Personal Care…
- Avg gross sales
- $1.1M
- 30th pct Personal Care…
- Royalty
- 6.0%
- 9th pct Personal Care…
- Units
- 59
- 30th pct Personal Care…
- SBA default
- 8.0%
- system-wide median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty 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
37% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $496K – $796K including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.1M/year (median $1.1M), with an estimated 37% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 18/100. SBA loan charge-off rate of 8.0% across 46 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Spavia International, LLC
- Incorporated in
- CO
- HQ
- 6200 S. Syracuse Way, Suite #135, Greenwood Village, Colorado 80111
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $3.2M
- vs $3.7M prior year
Overview
About
Spavia franchisees operate upscale spa and wellness centers offering massage therapy, facials, body treatments, and related services. Day-to-day operations involve managing licensed therapists, scheduling appointments, maintaining facility standards, and delivering personalized client experiences in a relaxation-focused environment.
- CEO
- Marty Langenderfer
- Headquarters
- CO
- Founded
- 2007
- FDD year
- 2025
- States available
- 23
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $25K | $50K |
| Equipment, build-out, other | $412K | $686K |
| Total initial investment | $496K | $796K |
Source: Spavia 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$250K
23.0% margin
Unlevered ROIC
37%
EBITDA / total invested capital
Payback
33 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $496K – $796K
- Near category avg vs category
- Liquid capital req'd
- $25K – $50K
- Better than avg vs category
- Franchise fee
- $60K – $60K
- Near category avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
- Payback period
- 2.7 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $650 |
| Transfer fee | $15K |
| Renewal fee | $10K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- $1.1M
- Avg p&l bottom line
- $236K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 36.6%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Actual Performance
- Sample size
- 55 units
- vs category median 35
- Range (low → high)
- $509K→$1.9M
- Cohort dispersion (min → max)
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 186 Personal Care & Beauty brands
vs Personal Care & Beauty averages
How Spavia Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 59
- Opened
- 4
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +7.3%
- Net unit change last year
- 3-yr CAGR
- +11.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 3
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 23 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 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 46
- Loan volume
- $20.2M
- Median loan
- $397K
- 50th percentile
- Charge-off rate
- 8.0%
- 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)
- 92.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 20
- Defaults
- 2
Vintage analysis
Spavia charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Spavia's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 11-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Spavia presents moderate-to-cautious risk due to absence of Item 19 financial substantiation, slow unit growth, high capital requirements relative to claimed returns, and ambiguous going concern status.
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 18 / 100 rating
- 01MEDNo Item 19 (Financial Performance Representations) disclosed — unable to verify claimed average revenue of $1.08M and net income of $236K
- 02MEDModest unit growth of 7.3% YoY with only 59 locations suggests limited brand momentum or market saturation
- 03MINORHigh initial investment ($496K–$796K) paired with 6% royalty creates significant break-even pressure; net income of $236K leaves thin margin for error
- 04HIGHGoing Concern status is FALSE — unclear if this indicates franchisor stability concerns or is a data error; requires immediate clarification
- 05HIGHNo litigation disclosed is positive, but combined with lack of financial transparency raises questions about disclosure completeness
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 | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Colorado |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 26 hrs
- On-the-job training
- 21 hrs
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
51 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Spavia · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Spavia franchise?
The total investment to open a Spavia franchise ranges from $496K – $796K, 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 Spavia franchise owners earn?
According to Item 19 of the Spavia FDD, the average gross sales per unit is $1.1M. The median is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Spavia's franchise failure rate?
Based on SBA 7(a) loan data, Spavia has a charge-off rate of 8.0% across 46 loans, meaning 8.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Spavia franchise locations are there?
As of their most recent FDD filing, Spavia has 59 total units in the United States, including 53 franchised units and 0 company-owned units. 4 new units were opened in the latest reporting year.
Is Spavia a good franchise to buy?
FranchiseVerdict rates Spavia as a A-grade franchise with a risk score of 18 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.