The 2026 Hand and Stone Massage and Facial Spa FDD moves the Item 7 estimated initial investment range from $578,507–$871,602 to $320,891–$864,729, and the system grows from 595 to 615 outlets year-over-year. Both filings include an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $578,507 | $320,891 | −$257,616 (−44.5%) |
| High end of range | $871,602 | $864,729 | −$6,873 (−0.8%) |
| Full range | $578,507–$871,602 | $320,891–$864,729 |
The 2026 filing puts the Item 7 estimated initial investment at $320,891–$864,729, versus $578,507–$871,602 in the 2025 filing. The low end moves by −$257,616 (−44.5%) and the high end moves by −$6,873 (−0.8%).
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 595 | 615 | +20 (+3.4%) |
Hand and Stone Massage and Facial Spa reports 615 outlets in the 2026 FDD, versus 595 in the 2025 filing (+20 (+3.4%)).
Hand and Stone Massage and Facial Spa included an Item 19 financial performance representation in both the 2025 and 2026 filings.