How much to own a spa?

The cost to own a spa can vary widely based on factors such as location, size, and services offered. On average, initial startup costs can range from $100,000 to over $500,000, which includes expenses for leasing or purchasing a property, renovations, equipment, and licensing. Additionally, ongoing operational costs such as staffing, supplies, and marketing should be considered. It's essential to create a detailed business plan to better estimate the specific financial requirements for your spa.