Investment

Our Wellness Franchise by the Numbers

A Look Into Financials

If you are interested in becoming a Covery Wellness Spa franchise owner, let’s get into the numbers. It’s important that prospective franchisees have all the necessary information upfront so that they can make the most confident decision. Questions about the required investment are often the first we receive, so we’ve included a brief breakdown below.

*For more detailed information, review Item 7 in our current Franchise Disclosure Document (FDD). The Covery offers a 25% discount on the franchise fee for veterans, as well as discounts on franchise fees for multi-unit owners. Contact us to learn more about these offers.

Investment Cost*

Type of
Expenditure

Minimum Investment

Maximum Investment
Initial Franchise Fee

$39,500

$39,500
Lease (est. monthly rent)

$5,000

$12,500
Technology Systems (finance down payment)

$1,000

$6,000
Equipment (finance down payment)

$20,000

$90,000
Pre-Opening / Grand Opening Marketing and Payroll Expenses

$30,000

$53,500
Travel & Training Expenses

$2,500

$6,000
Insurance (annual estimate)

$15,000

$20,000
Licenses and other Pre-Paid Expenses

$1,000

$4,500
Start-Up Office Supplies, Inventory

$5,000

$12,000
Furniture, Fixtures, and First Aid Equipment

$10,000

$16,000
IV and Start Up Retail Inventory

$20,000

$35,000
Architectural & Engineering Professional Services

$8,000

$15,000
Signage

$5,000

$9,000
Leasehold Improvements

$150,000

$250,000
Legal, Accounting, Misc. and Organizational Costs

$1,500

$9,000
Additional Funds- 3 months

$15,000

$30,000

Estimated Total*
*may not represent all costs for opening

$328,000*

$605,000*

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$300,000 liquid capital required for investment

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