Established
2013
Franchise Units
2
Minimum Investment
$209,588
Franchise Fee
$34,900
Total Investment Range
$344,350
Home Based
No
Description
Caribbean Mystique Spa offers a unique blend of island-inspired relaxation and holistic wellness services. Founded in 2013 by Andrea Nash in Tampa, Florida, the spa provides a serene environment where clients can indulge in massages, facials, body wraps, and more, all set to the soothing sounds of the Caribbean. The brand's commitment to excellence and authenticity has positioned it as a standout in the wellness industry.
Why Invest in This Franchise?
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Proven Business Model: Established in 2013, Caribbean Mystique Spa has demonstrated consistent growth and customer loyalty.
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Unique Brand Identity: The Caribbean-themed ambiance sets it apart from traditional spas, attracting a diverse clientele seeking relaxation and rejuvenation.
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Comprehensive Support: Franchisees receive extensive training and ongoing support, ensuring operational success and brand consistency.
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Growing Wellness Industry: With increasing awareness of self-care, the demand for wellness services continues to rise, presenting a lucrative opportunity for franchisees.
Background
Established: 2013
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Franchising Since: 2019
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Founder: Andrea Nash
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Headquarters: Tampa, Florida
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Units: 2
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Industry Category: Personal-Care Businesses, specializing in Massage & Spa Services
Andrea Nash, leveraging over seven years of experience as a licensed massage practitioner, esthetician, and nail technician, transformed her passion into a thriving business. Starting with a modest 600 sq. ft. space, the spa expanded rapidly, reflecting its popularity and the effectiveness of its business model. In 2019, recognizing the potential for growth, Nash partnered with Franchise Creator to franchise the business, aiming to bring the Caribbean Mystique experience to communities nationwide.
Support Training
Franchisees benefit from:
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Pre-Launch Support: Assistance with site selection, lease negotiation, and store design to ensure brand consistency.
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Comprehensive Training: 40 hours of on-the-job training and 36 hours of classroom instruction covering spa operations, customer service, and brand standards.
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Marketing Support: Guidance on local and national marketing strategies, including social media promotion and grand opening events.
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Ongoing Operational Assistance: Continuous support to address operational challenges and ensure adherence to brand standards.
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Exclusive Territory Rights: Franchisees are granted exclusive territories, reducing competition and enhancing market potential.
Ideal Candidate
- The Passionate Leader: You don't need prior spa experience, but you must have a passion for wellness and a commitment to providing world-class customer service.
The Business Strategist: We value individuals with strong management backgrounds who understand how to lead a team and read a P&L statement.
Financial Capability: Candidates should have the liquid capital and net worth necessary to build and sustain a premium facility.
Location Preference: We are targeting suburban hubs, lifestyle centers, and high-end retail districts with strong foot traffic and a demographic that prioritizes self-care.
Financial Detail
| Financial Element | Details / Range |
|---|---|
| Initial Franchise Fee | $34,900 |
| Total Estimated Investment | $209,588 – $344,350 |
| Net Worth Requirement | $34,900 |
| Cash Requirement | $34,900 |
| Royalty Fee | 5% – 5.5% of gross sales |
| Marketing & Advertising Fee | 2% – 3% of gross sales |
| Infrastructure / Build-Out Cost | $100,000 – $150,000 |
| Working Capital | $30,000 – $50,000 |
| Expected ROI | 15% – 25% annually |
| Break-Even Time | 18 – 36 months |
| Potential Revenue Streams | Spa services, retail products, memberships, packages |
| Term of Agreement | 10 years (renewable) |
| Financing Options | Available through third-party lenders |