Wake Foot Sanctuary

Wake is an indulgent, fun, and shared spa experience. Guests lounge in our sanctuary space, enjoying luxurious foot soaks with relaxing massage.

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Wake Foot Sanctuary Franchise Cost and Requirements for 2024

Background

Wake Foot Sanctuary is an innovative concept in the multi-billion dollar spa industry. The company has experienced rapid development, averaging year over year growth of 23% since 2017. Additionally, Wake Foot Sanctuary has established industry leading revenue per square foot, outpacing the top spa franchise by 30%! What's even more impressive is that in the two most recent years of reporting all units have reporting over 65% Gross Profit, After accounting for service provider pay! (Please see Item 19 FDD for full details)

Since 2017, Wake Foot Sanctuary's company-owned spa has increased revenue 23% year over year, reporting revenue of over $1.1 million for its modest 1421 square foot spa in Asheville in its latest year of reporting. This performance outpaces not only the wellness economy market, but the top spa franchise competitor in the country. Our Knoxville, TN franchise (opened December 2019) doubled its revenue in 2021 vs. 2020 and is enjoying great success as a newer spa location.

Wake Foot Sanctuary is Differentiated:
- With a unique communal spa setting, perfect for individuals & celebrations alike Services are quick (approx. 1 hour) and only require guests to remove socks and shoes. Guests love that they can get back to the remainder of their day, relaxed and pampered.
- An approachable/simple menu style: A la carte options allow guests to choose a foot soak and massage area or guests may choose from one of our featured packages.
- Our spa model thrives in small footprint locations (1300-1600 square feet), with lower overall upfit and overhead costs for franchisees.
- Successful Wake Foot Sanctuary franchisee management teams do not need previous spa background. In fact, it is an amazing passive investment with management teams that meet profiles that mirror hospitality portfolios.
- Wake is outpacing or rivaling the top spa franchise brands in revenue per square foot.
- Wake demonstrates commanding differentiation with its branded line of retail products as well as procured goods.

Company Details

Established: 2013
First Unit Franchised: 2017
Franchised Units: 1
Company Owned Units: 1
States Registered In: Alabama - AL, Colorado - CO, Florida - FL, Georgia - GA, Kentucky - KY, Louisiana - LA, Maine - ME, Massachusetts - MA, New Hampshire - NH, New Jersey - NJ, North Carolina - NC, Pennsylvania - PA, South Carolina - SC, Tennessee - TN, Texas - TX, Vermont - VT, West Virginia - WV
Canada Franchises: No
International Franchises: No

Support and Training Offered By Wake Foot Sanctuary

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: Yes
Training:
We will offer you an Initial Training Program for you (and if you are an entity, at least one of your owners) and up to two managers. The initial portion of the training is conducted at our corporate office or at our Asheville, North Carolina spa or at your location and it is generally 6-7 days.

In addition to the Initial Training Program, we will provide you with onsite training at your Spa. We will send a representative to your location to provide your employees with 5 days of training prior to your opening and 2 days of training after your opening. Additional training can always be requested and provided.

The Initial Training Program covers the following information:

SOFTWARE SET-UP, PROCESS, AND USAGE:
Video Series/Practical Application/One- to-One Virtual Class Tutorials
8 Hours of Self Study
3 Hours of Class Room Training

* Completed by Software Support Personnel, Self- Instruction (Home or On-Site)

WFS INC. CORPORATE TRAINING:
Basic systems, processes, flows, customer service, inventory education; recommended logistics, menu, operational planning, marketing, etc.
8 Hours of Self Study/Video
8 Hours of Classroom Training
40 Hours of On the Job Training

* Completed by Wake Management Team, including Wake Operations Director, Sr. Operations Team, and Trainers (Corporate Office, Asheville, NC)

ON-SITE PRE-OPENING TRAINING:
Template application, formulation, back of house execution, customer intake and flows, and operations execution practice
30 Hours Classroom Training
16 Hours On the Job Training (Corporate Office, Asheville, NC, or Your location)
TOTAL HOURS 113

2024 Franchise Requirements Needed to Own a Wake Foot Sanctuary Franchise.

What does a Wake Foot Sanctuary Franchise Cost?

Wake Foot Sanctuary franchise fees for 2024:

Cash Investment: $150, 000 to $587,380
Total Investment: $398,590 to $587,380
Minimum Net Worth: $500,000
Franchise Fee: $40,000
Royalty: 6%
Ad: 2%
Item 19: Yes
Average Number of Employees: 15
Visa Candidates: No
Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Wake Foot Sanctuary a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Wake Foot Sanctuary is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Wake Foot Sanctuary a Home Based franchise?

No. Wake Foot Sanctuary is not a home based franchise opportunity.

What Do Wake Foot Sanctuary Franchise Owners Make?

Click here to find out how much Wake Foot Sanctuary franchisees make. Wake Foot Sanctuary offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Wake Foot Sanctuary a Master Franchise Opportunity?

No. Wake Foot Sanctuary is not a master franchise opportunity.

Does Wake Foot Sanctuary Offer a Veteran Discount?

Yes. Wake Foot Sanctuary franchise does offer a veteran discount.

Does Wake Foot Sanctuary Work with E2 Visa and EB-5 Visa Candidates?

No. Wake Foot Sanctuary franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Wake Foot Sanctuary Looking for Franchisees in Canada?

No. Wake Foot Sanctuary franchise is not looking for Canada franchisees.

Is Wake Foot Sanctuary Looking for International franchisees?

No. Wake Foot Sanctuary franchise is not looking for International franchisees.

Where can I see Wake Foot Sanctuary's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Business Opportunities, Health, Beauty & Nutrition, Miscellaneous & Unique, Retail, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Wake Foot Sanctuary Franchises for Sale

Click Here to inquire about existing Wake Foot Sanctuary franchises for sale. We may have Wake Foot Sanctuary franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.