The Woodhouse Day Spa Franchise Cost, Revenue & Review 2026
Analysis by FranchiseVerdict Research · Methodology
FranchiseVerdict summary · 2026
A The Woodhouse Day Spa franchise requires a total initial investment of $1.3M – $2.0M, including a $25K – $60K franchise fee and an ongoing 6.0% royalty[2]. Per the latest FDD, average unit revenue was $2.7M[2]. SBA 7(a) loans show a 0.0% charge-off rate across 59 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified
Overview
- Investment
- $1.3M – $2.0M
- 59th pct Personal Care…
- Avg gross sales
- $2.7M
- 40th pct Personal Care…
- Royalty
- 6.0%
- 10th pct Personal Care…
- Units
- 93
- 39th pct Personal Care…
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = favorable by >10% vs Personal Care & Beauty 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
- Total investment $1.3M – $2.0M including a $25K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $2.7M/year (median $2.6M).
- Verdict A (Strongest tier), verdict score 76/100 (higher is better). SBA loan charge-off rate of 0.0% across 59 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- The Woodhouse SPAS, LLC
- Parent company
- Woodhouse Gathering, LLC
- Ultimate parent
- TSG9 L.P.
- Predecessor
- The Woodhouse SPAS Corporation
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Ben Jones
- Incorporated in
- Texas
- HQ
- 300 Union Boulevard, Suite 600, Lakewood, Colorado 80228
- Franchisor revenue
- $93.7M
- vs $86.3M prior year
Overview
About
Franchisor of day spa businesses operated under "The Woodhouse Day Spa," "Woodhouse Spa," and "Woodhouse" marks, offering massage, facial, and body spa services.
- CEO
- Ben Jones
- Headquarters
- Colorado
- Founded
- 2003
Can you afford it, and what does the money buy?
Entry cost runs 220% above the typical personal care & beauty franchise.
Source: FDD · Items 5–7
FDD Item 7
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $25K | $25K |
| Working capital (3–6 mo) | $50K | $150K |
| Equipment, build-out, other | $1.3M | $1.8M |
| Total initial investment | $1.3M | $2.0M |
Source: The Woodhouse Day Spa FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.3M – $2.0M
- Middle of category vs category
- Liquid capital req'd
- $50K – $150K
- Middle of category vs category
- Franchise fee
- $25K – $60K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 1.8%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.8% of gross sales |
| Technology fee | $550 |
| Training fee | $5K |
| Transfer fee | $15K |
| Renewal fee | $13K |
| Inventory (initial) | $54K – $152K |
What do units actually make?
Average unit sales run 255% above the personal care & beauty norm.
Source: FDD · Item 19
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
$603K
22.3% margin
Unlevered ROIC
34%
EBITDA / total invested capital
Payback
35 mo
cash-on-cash, unlevered
Financial Performance
- Avg gross sales
- $2.7M
- Per unit, per year
- Median gross sales
- $2.6M
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- historical gross sales by performance quartile/half bands plus company-owned Spa-level EBITDA
- Sample size
- 81 units
- vs category median 33 · large
- Range (low → high)
- $816K→$6.8M
- Cohort dispersion (min → max)
- Quartile band
- $1.4M→$3.9M
- Bottom 25% → top 25%
Compared against 200 Personal Care & Beauty brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $2.7M/year in gross sales. Revenue-to-investment ratio: 1.6x.
Fee burden
6.0% royalty + 1.8% ad fund.
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 Personal Care & Beauty averages
How The Woodhouse Day Spa Compares
Is the system healthy?
Source: FDD · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 93
- Opened
- 5
- Last reporting year
- Closed
- 1
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 1%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 7
- Closed (3yr)
- 0
- Transfers (3yr)
- 3
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 59
- Loan volume
- $54.6M
- Median loan
- $789K
- 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
- 15
- Defaults
- 0
- Typical loan rate
- 5.8%
- avg rate to borrowers
- vs industry
- N/A
- NAICS 8121
- Jobs supported
- 614
- 3.0 per loan
- Lender concentration
- 15%
- top lender's share
Borrower mix: 0% went to startups / new businesses, 100% to established operators
Vintage analysis
The Woodhouse Day Spa charge-off rate by loan vintage
Top lenders financing The Woodhouse Day Spa franchisees
Showing 3 of 15 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
With a 0.0% charge-off rate across 59 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
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)
Two settled former cases: (1) 2017 trade secret/non-compete suit vs. former employee/franchisee resulting in franchisor paying $125,000 settlement; (2) 2019 franchise termination dispute with Tennessee franchisee (bankruptcy-related), settled with franchisor paying $25,000 and franchisee owing up to $75,000 for gift card obligations. No pending litigation.
Largest disclosed settlement: $125,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
What are you signing up for?
Ongoing fees run about 7.8% of sales (royalty + ad fund), before rent and labor.
Source: FDD · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 6 mi |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 6 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Governing law | Colorado |
| Litigation count | 2 |
View Item 3 litigation summary
Two settled former cases: (1) 2017 trade secret/non-compete suit vs. former employee/franchisee resulting in franchisor paying $125,000 settlement; (2) 2019 franchise termination dispute with Tennessee franchisee (bankruptcy-related), settled with franchisor paying $25,000 and franchisee owing up to $75,000 for gift card obligations. No pending litigation.
Items 10, 11
Training & Operations
- On-the-job training
- 32 hrs
- Training location
- Virtual, Lakewood Colorado corporate office, and on-site at Spa
- Ongoing training
- Required
- Time to open
- 14 mo
- From signing to launch
- Site selection
- franchisor-approved (franchisee identifies, franchisor approves)
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Woodhouse Day Spa franchise?
The total investment to open a The Woodhouse Day Spa franchise ranges from $1.3M – $2.0M, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Woodhouse Day Spa franchise owners earn?
According to Item 19 of the The Woodhouse Day Spa FDD, the average gross sales per unit is $2.7M. The median is $2.6M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is The Woodhouse Day Spa's franchise failure rate?
Based on SBA 7(a) loan data, The Woodhouse Day Spa has a charge-off rate of 0.0% across 59 loans, meaning 0.0% 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 The Woodhouse Day Spa franchise locations are there?
As of their most recent FDD filing, The Woodhouse Day Spa has 93 total units in the United States, including 89 franchised units and 4 company-owned units. 5 new units were opened in the latest reporting year.
Is The Woodhouse Day Spa a good franchise to buy?
FranchiseVerdict rates The Woodhouse Day Spa as a A-grade franchise with a verdict score of 76 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?
If you represent The Woodhouse Day Spa, you can request corrections or provide updated information.
Other Personal Care & Beauty franchises
Compare similar franchise opportunities in the Personal Care & Beauty category
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.