Whether you’re starting an independent business or pursuing franchising, it’s important to know that an industry or brand is the best possible investment for your life and goals. Hand & Stone’s unique place in the thriving spa and wellness industry makes us a smart franchise investment.
The financial requirements to own a Hand & Stone franchise, include a net worth of $750,000 and available liquid capital of $150,000. An initial franchise investment and the costs necessary to begin operating a single unit is estimated to range from $603,195 to $759,755*. Below are some of the most essential parts of that initial franchise investment.
Type of Expenditure | Low | High |
---|---|---|
Franchise Fee | $26,000 | $49,500 |
Deposits (Rent, Utilities) | $13,363 | $20,000 |
Leasehold Improvements | $361,797 | $394,171 |
Furniture, Fixtures & Equipment | $47,252 | $63,095 |
Computer/POS System | $6,498 | $19,932 |
Connectivity Fee | $2,500 | $2,500 |
Insurance | $1,500 | $2,500 |
Office Equipment and Supplies | $7,772 | $20,467 |
Camera/Music System | $11,748 | $17,742 |
Initial Inventory | $12,250 | $18,384 |
Signage | $13,806 | $23,349 |
Other Pre-Opening Expenses (Travel, Grand Opening) | $11,000 | $18,300 |
Licenses, Permits and Architectural Fees | $12,784 | $15,164 |
Legal & Accounting | $3,425 | $5,150 |
Additional Funds (9 months) | $70,000 | $90,000 |
Total | $603,195 | $759,755 |
Hand & Stone is a proud member of VetFran. To show our appreciation for your service, we
offer a 20% discount on the initial franchise fee to honorably discharged veterans.
Hear from franchise owner Lorine Grosso about the benefits of ownership.
*Please refer to items 6 and 7 of the 2024 Hand & Stone FDD for more detailed disclosures and footnotes on the estimated initial investment and additional fees.
**Figures reflect the initial investment for a single unit agreement. Multi-unit agreements and franchise resales may vary.
The franchise process is a mutual one, and we want to make sure that you have everything you need to make an informed decision about partnering with us. As part of the process, you’ll receive a copy of our franchise disclosure document, or FDD.
This document contains vital information about our systems and procedures, as well as your responsibilities as a franchisee. Please review the FDD carefully. You’ll have plenty of time throughout the franchise process to ask any questions you might have.
Hand & Stone is excited for you to make your franchise investment with the industry’s top facial and massage franchise. To begin your journey, fill out our online inquiry form. We’re looking forward to meeting you!