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The Salt Suite

Salt therapy
Investment
$238,650
Initial Franchise Fee
$42,000
Units
9
Growth Rate
+28.6%

Overview

Industry
Personal-Care Businesses
Founded
2011
Franchising Since
2015
Parent Company
Salt Suite Franchising LLC
Leadership
Ryan Dodson, CEO
# of Employees at HQ
2

Units and Growth Chart

About The Salt Suite

The Salt Suite was designed to be a place that brings wellness and relaxation to anyone who visits. It seeks to allow customers to take a deep, salty breath to relax and heal from the inside out. This healing and therapeutic service was founded in 2011 and has been franchising since 2015.

At The Salt Suite, customers receive salt therapy treatment for respiratory and skin conditions. This therapy was more thoroughly embraced when salt miners in the caves of Russia and Europe were found not to suffer any skin or respiratory ailments. Salt therapy, otherwise known as halotherapy, has been in existence for centuries and has been touted to relieve allergic conditions such as asthma, emphysema, and other respiratory issues. 

Why You May Want To Start a Salt Suite Franchise

The Salt Suite is seeking franchisees who are well-versed with the benefits of halotherapy. You would be expected to understand and believe in the benefits of salt therapy if you approached The Salt Suite team about opening a franchise. Apart from being health conscious, a franchisee should bring a keen sense of business acumen to the table. 

Excellent interpersonal skills are also an asset that any franchisee should have, as you will interact with your clients daily. As a franchisee with The Salt Suite, you should be ready to be a hands-on franchisee, not an absentee one.

Along with being a business that promises to bring calm, relaxation, and healing to people, a The Salt Suite franchise may be a great addition to a community. A community of people with fewer allergies and health issues to deal with is a happy one, and this franchise may just contribute to this outcome.

What Might Make a The Salt Suite Franchise a Good Choice?

Opening a The Salt Suite franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

To be part of The Salt Suite team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

How To Open a The Salt Suite Franchise

As you decide if opening a The Salt Suite franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Salt Suite franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask The Salt Suite franchising team questions. 

The Salt Suite business model is typically simple with a proven track record. Every franchisee will receive all the support they need in the form of lease negotiations, grand opening support, and marketing and advertising support. 

Investment Details

Initial Franchise Fee
$42,000
Initial Investment
$238,650 - $483,100
Net Worth Requirement
$500,000
Cash Requirement
$100,000
Royalty Fee
8%
Ad Royalty Fee
2%
Technology Fee
$570/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
$4,200 off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona California Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
56 hours
Classroom Training
32 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2-4
Are exclusive territories available?
Yes

Ranking History

The Salt Suite performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022