Woodhouse Spa
Bottom line
- Total investment $1.5M – $2.7M including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $2.5M/year (median $2.5M).
- Rated MODERATE with a risk score of 64/100.
- System growing at 15.1% CAGR over 3 years with 88 total units — strong expansion trajectory.
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 Woodhouse Spa unit return on the cash you put in?
Unlevered ROIC · per unit
25%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Woodhouse Spa units return on equity?
Equity IRR · 5-yr
24.4%
2.99× MOIC
Year-1 DSCR
3.49×
EBITDA ÷ debt service
Equity required
$21.8M
on $38.2M purchase
Total debt
$16.5M
SBA $5.0M + senior + seller note
Overview
About
Woodhouse Spa franchisees operate upscale spa facilities providing services such as massages, facials, body treatments, and wellness therapies. Day-to-day operations involve managing staff scheduling, client bookings, inventory management, maintaining facility standards, and delivering customer service while adhering to brand operational protocols.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Woodhouse Spa presents elevated risk due to franchisor financial instability, undisclosed franchisee profitability, systemic litigation involving bankruptcies, and anemic unit growth.
Score breakdown · what drove the 64 / 100 rating
- 01HIGHGoing Concern status is False — franchisor may have financial/operational viability issues
- 02MINORNo net income disclosure (Item 19) — cannot assess actual franchisee profitability despite $2.5M average revenue
- 03HIGHLitigation history shows systemic issues: trade secret theft claims, non-compete breaches, and termination disputes resulting in franchisee bankruptcies
- 04MINORSlow unit growth (5.0% YoY) relative to investment size suggests market saturation or franchisee dissatisfaction
- 05MINORHigh investment range ($1.48M–$2.7M) combined with 6% royalty creates significant breakeven burden without profitability transparency
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
77 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Woodhouse Spa · FDD (2025) PDF