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Rates
Garra Spas

Garra Spas

Franchising since 2016 · 3 locations

Garra Spas currently operates 3 locations (3 franchised). PeerSense FPI health score: 53/100.

Total Units

3

3 franchised

FPI Score
Low
53

Proprietary PeerSense metric

Moderate
Capital Partners
3lenders available

Active capital sources verified for Garra Spas financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Limited Data
53out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 3 loans charged off

SBA Loans

3

Total Volume

$0.4M

Active Lenders

3

States

2

What is the Garra Spas franchise?

Franchise investors often grapple with the challenge of identifying unique, high-growth opportunities within the crowded personal care sector, frequently encountering concerns about market saturation or concepts lacking genuine differentiation. Garra Spas emerges as a distinctive solution in this landscape, offering a unique fish spa experience that blends relaxation, hygiene, and novelty, directly addressing consumer demand for experiential wellness services. This innovative brand was co-founded in 2016 by Andrew Gelfand, who serves as Chief Executive Officer and Director, bringing over two decades of experience in entrepreneurship and business start-ups, alongside James Kalp, Ph.D., SHRM-SCP, the Chief Operating Officer, Chief Financial Officer, and Director, who contributes over a decade of retail leadership experience and a PhD in organizational psychology. The company, headquartered in Clearwater, Florida, established its corporate and franchise locations in the same founding year, rapidly building out its operational infrastructure with key leadership additions such as ShaRon Willis, VP of Human Resources and Secretary, who joined in 2018, and Darren Mahfuz, Sales Manager, and Deb Kalp, Operations Manager, both of whom joined in 2017. Garra Spas operates with a stated mission to provide a fun, relaxing, and hygienic experience, achieved through its custom-designed tanks and patented filtration system, a critical distinction from traditional "fish pedicures" by focusing on a safe and hygienic interaction with Garra Rufa fish. As of March 6, 2026, the brand reports 3 verified locations across 2 states, yet an August 28, 2023, report indicated a more expansive footprint of 18 locations across six states, with plans to launch an additional 5 sites that year, while another source from the same period stated 17 open locations across six states, signaling a dynamic and rapidly evolving growth phase. The brand currently operates in six U.S. states, including South Carolina, North Carolina, Tennessee, Las Vegas (Nevada), Georgia, and Florida, positioning itself within the broader personal care and spa services market. This market was estimated at USD 102.32 billion in 2025 and is projected to reach USD 194.02 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 8.6% from 2026 to 2033. The larger personal care services market grew from $455.13 billion in 2025 to $497.54 billion in 2026 at a CAGR of 9.3%, with projections to reach $713.55 billion in 2030 at a CAGR of 9.4%. The global personal services market, which encompasses this category, was valued at USD 1,415.0 billion in 2024 and is projected to expand to USD 2,292.44 billion by 2030, demonstrating an 8.4% CAGR during 2025–2030. Garra Spas distinguishes itself within this thriving market through its patented technology and experienced leadership, offering a compelling proposition for franchise investors seeking a unique and scalable business model. This analysis provides an authoritative, independent perspective on the Garra Spas franchise opportunity, offering comprehensive data for informed investment decisions, further supported by the brand’s FPI Score of 53, indicating a moderate level of franchise performance and satisfaction.

The industry landscape for Garra Spas is characterized by robust growth across multiple interconnected sectors, presenting significant tailwinds for specialized personal care concepts. The global spa services market, a direct segment for Garra Spas, was estimated at USD 102.32 billion in 2025 and is projected to reach USD 194.02 billion by 2033, expanding at a Compound Annual Growth Rate (CAGR) of 8.6% from 2026 to 2033. The broader personal care services market exhibited a 9.3% CAGR, growing from $455.13 billion in 2025 to $497.54 billion in 2026, with forecasts predicting a rise to $713.55 billion in 2030 at a 9.4% CAGR. Furthermore, the Salon and Spa Market, valued at USD 115.72 million in 2024, is expected to grow to USD 182.22 million by 2033, demonstrating a 5.84% CAGR from 2025 to 2033. The overarching global personal services market, valued at USD 1,415.0 billion in 2024, is projected to reach USD 2,292.44 billion by 2030, with an 8.4% CAGR during 2025–2030, and personal care services, including hair, skin, spa, and massage, account for approximately 35% (USD 441 billion) of this substantial market in 2024. Key consumer trends are fueling this expansion, including an increasing awareness of wellness and self-care, a rising demand for premium and personalized services, and a growing focus on customized care experiences, with a 2024 survey indicating that 64% of customers preferred customized packages. The influence of urban lifestyles and the expansion of wellness-oriented consumption trends are also significant drivers. A notable demographic shift is the growing aging population, with the global population aged 65 and older projected to more than double from 761 million in 2021 to 1.6 billion by 2050, creating sustained demand for personal care and wellness services. Post-pandemic, consumer footfall surged, with over 580 million individuals visiting salons and spas at least once a month globally in 2024, reflecting a renewed emphasis on self-care and experiential leisure. The demand for men's grooming services rose by 23% compared to 2023, and holistic wellness services like reflexology and aromatherapy grew by 27% in 2024, indicating diversification within the wellness sector. The U.S. spa services industry led North America with a dominant share of 83.2% in 2025, underscoring a robust domestic market for Garra Spas. While the salon and spa market is growing, with over 7.2 million registered facilities globally in 2024 (a 12% increase from 2022) and over 1.2 million active businesses in the United States in 2024, Garra Spas carves out a unique niche with its patented fish spa experience and rigorous hygiene protocols, mitigating concerns associated with undifferentiated services. These macro forces, driven by demographic shifts, wellness consciousness, and a preference for unique experiences, collectively create a compelling opportunity for the Garra Spas franchise, positioning it to capitalize on sustained industry expansion.

The investment profile for a Garra Spas franchise provides a clear picture of the liquid capital required, though specific initial franchise fees and total investment ranges are not publicly detailed. Prospective franchisees are required to have a minimum of $60,000 in liquid capital, positioning Garra Spas as a potentially accessible franchise opportunity for entrepreneurs with moderate liquid assets, especially when compared to many personal care and wellness franchises that often demand significantly higher initial capital outlays, frequently ranging into the hundreds of thousands of dollars. The absence of a publicly stated initial franchise fee prevents a direct comparison to category averages, which can vary widely from $30,000 to $75,000 in the personal services sector. Similarly, a comprehensive total investment range is not explicitly provided, which would typically detail costs associated with leasehold improvements, equipment, initial inventory, working capital, and grand opening marketing, offering a complete financial scope. However, the franchise offers a "Complete Turn-Key Operation Set-Up," which implies that a significant portion of the initial setup costs for essential operational components is bundled into the franchise package. This comprehensive package specifically includes twelve (12) chair/tank units, six (6) electrical power boxes with all necessary electrical equipment and water pump supplies, an initial supply of fish for all tanks, and an initial supply of related products, along with four (4) Ionic Foot Spa Treatment and Chair Units. This structured approach aims to streamline the initial investment and minimize complexities for franchisees, suggesting a defined operational footprint. Ongoing fees, such as the specific royalty rate percentage and any advertising fund contributions, are also not disclosed, which typically represent a percentage of gross sales and contribute to system-wide marketing efforts, respectively. The parent company, Garra Fish Spa Holdings, Inc. ("HoldCo"), incorporated on April 17, 2023, as a Delaware C-Corp, provides a robust corporate structure, owning 100% of Garra Fish Spas Pennsylvania, LLC, which operates corporate locations. Additionally, HoldCo owns 80% of Garra Franchising, LLC, a Florida Limited Liability Company responsible for establishing franchise locations, with Debra Kalp owning the remaining 20% of the franchising entity. This clear corporate backing, established in 2023, indicates a formalized and organized approach to expansion and franchise support, providing a stable foundation for the Garra Spas franchise system. The liquid capital requirement of $60,000, in conjunction with the comprehensive turn-key package, suggests an opportunity designed for efficiency in initial setup, making the Garra Spas franchise an intriguing option for those seeking entry into the high-growth personal care market.

The operating model for a Garra Spas franchise is centered around providing a unique, relaxing, and hygienic fish spa experience, designed for efficiency and customer satisfaction. Daily operations for a franchisee revolve around managing the customer experience with Garra Rufa fish, a special breed that is toothless and naturally attracted to the pulse, mimicking their natural environment to provide a gentle, exfoliating sensation. Franchisees are tasked with cultivating a relaxing atmosphere, as exemplified by Christopher Kyle, a Garra Spas franchisee in Ann Arbor, Michigan, who enhances the experience by playing Caribbean music to create an "overseas experience" or "out-of-town vibe." A critical aspect of the Garra Spas operating model is its patented filtration system, which is essential for maintaining hygiene and ensuring the longevity of the Garra Rufa fish. This proprietary technology directly addresses sanitation concerns that have historically impacted other fish spa businesses, providing a significant operational advantage and assuring customer safety and comfort. While specific staffing numbers are not extensively detailed, the operation of twelve (12) chair/tank units and four (4) Ionic Foot Spa Treatment and Chair Units included in the franchise package implies a requirement for dedicated staff to manage customer flow, maintain the cleanliness of the tanks and facility, and oversee the fish spa treatments. The emphasis on customer enjoyment, with reports of customers "falling in love" with the experience and their feet emerging "soft and smooth," underscores the importance of a well-trained and customer-focused team. Garra Spas has strategically developed a sleek new kiosk footprint, which has significantly increased demand from shopping centers, indicating a flexible format adaptable to high-traffic retail environments. The company has successfully secured locations in prominent venues such as Simon Malls and Tanger Outlets, reinforcing its focus on mall kiosks and store locations nationwide, with an ambitious goal of establishing over 100 such units. The Garra Spas franchise provides a "Complete Turn-Key Operation Set-Up," signifying a comprehensive training program designed to equip franchisees with all necessary operational knowledge. While specific details on the duration or location of the training are not provided, the turn-key nature suggests a streamlined and efficient onboarding process. Ongoing corporate support for Garra Spas franchisees is robust, encompassing full marketing support, including addition to the company website and social media development, which is crucial for brand visibility in the digital age. The comprehensive franchise package includes all necessary furniture, tanks, pump equipment and supplies, an initial supply of fish for all tanks, and an initial supply of related spa products, ensuring franchisees are well-equipped from day one. Details regarding exclusive territory or territory size for franchisees are not available. Christopher Kyle’s advice for aspiring entrepreneurs to build additional streams of income while maintaining a full-time job and transitioning gradually suggests that the Garra Spas model might support a semi-absentee owner, particularly in the initial phases, though direct owner-operator involvement would likely be beneficial for maximizing customer experience and operational oversight.

Regarding financial performance, Garra Spas does not include financial performance representations (earnings claims) in its Franchise Disclosure Document (FDD), meaning Item 19 financial performance data is not disclosed in the current FDD. Franchisors are not legally required to provide earnings information in Item 19, but if they do make such claims, they must be disclosed and substantiated there. Consequently, average revenue per unit, median revenue, and profit margins for individual Garra Spas franchise units are not disclosed by the franchisor. However, despite the absence of Item 19 data, a robust picture of the company's financial health and growth trajectory can be gleaned from publicly available corporate revenue data. Garra Fish Spas reported impressive revenue for fiscal year 2022, totaling $979,526. This figure represents a significant increase of 118% compared to its fiscal year 2021 revenue of $447,985. The company's revenue demonstrated a compelling 111% year-over-year growth from 2021 to 2022, signaling strong market acceptance and effective business strategies. This substantial growth is attributed by the company to aggressive marketing initiatives, the strategic addition of team members, and comprehensive sales training provided to franchisees, indicating a proactive and supportive corporate environment aimed at fostering revenue generation across the system. Furthermore, the cost of sales for the company was remarkably low at only 3% in 2022, which suggests highly efficient operational management and potentially strong gross margins at the corporate level. This low cost of sales, when combined with rapid revenue expansion, points to a scalable business model with favorable economics. The significant corporate revenue growth and low cost of sales, alongside ambitious expansion plans, provide strong indicators for prospective franchisees. Garra Spas aims for over 100 mall kiosks and store locations nationwide and plans to open 12-18 new locations in 2024, targeting high-traffic, tourist destinations such as South Florida, Las Vegas, Texas, and New York. The company's success in securing locations in prominent retail venues like Simon Malls and Tanger Outlets further underscores its strategic approach to maximizing revenue potential for both corporate and franchise units. The successful crowdfunding campaign on StartEngine.com, where Garra Fish Spas raised $1.34 million from over 120 investors, further validates investor confidence in the business model and its potential for financial returns, despite the non-disclosure of specific unit-level earnings. This combination of strong corporate financial performance, strategic market positioning, and investor backing suggests a compelling, albeit undisclosed, underlying unit-level performance for the Garra Spas franchise opportunity.

The growth trajectory of Garra Spas demonstrates an ambitious and dynamic expansion strategy within the burgeoning personal care market. As of March 6, 2026, the brand had 3 verified locations across 2 states. However, earlier reports from August 28, 2023, indicated a much more rapid expansion, with 18 locations successfully opened across six states and plans to launch an additional 5 sites in 2023, while another contemporary source stated 17 open locations across six states. This rapid, though somewhat varied, unit count trend highlights a period of aggressive development for the Garra Spas franchise system. The company harbors ambitious plans to expand to more than 100 mall kiosks and store locations nationwide, indicating a clear vision for significant market penetration. For 2024, Garra Spas plans to open 12-18 new locations, focusing on expanding into new markets. The brand is actively accepting franchise inquiries in 35 U.S. states, encompassing a broad geographic reach from Alaska to Wyoming, and also in Canada, signaling a robust and widespread expansion strategy. Future expansion plans specifically target popular and high-traffic markets such as South Florida, Las Vegas, Texas, and New York, building upon the success of existing locations in tourist-heavy areas. A significant corporate development supporting this growth is the unveiling of a sleek new kiosk footprint,

FPI Score

53/100

SBA Default Rate

0.0%

Active Lenders

3

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Garra Spas based on SBA lending data

SBA Default Rate

0.0%

0 of 3 loans charged off

SBA Loan Volume

3 loans

Across 3 lenders

Lender Diversity

3 lenders

Avg 1.0 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Garra Spasunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Garra Spas