Spa Startup Cost Comparison
Daytona Beach, FL vs Los Angeles, CA
Daytona Beach, FL
$76,000 - $290,000
COL Index: 94.2
VS
Los Angeles, CA
$116,000 - $452,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Daytona Beach, FL | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $5,500 | $4,000 - $14,400 | -63% |
|
Commercial Lease (First + Last + Security)
|
$7,800 - $39,100 | $22,500 - $112,500 | -65% |
|
Spa Equipment & Furnishings
|
$20,000 - $80,000 | $20,000 - $80,000 | Same |
|
Initial Product & Supplies Inventory
|
$5,000 - $20,000 | $5,000 - $20,000 | Same |
|
Interior Build-Out & Ambiance Design
|
$21,800 - $78,300 | $33,800 - $121,500 | -36% |
|
Business Insurance (Annual)
|
$3,000 - $8,000 | $3,000 - $8,000 | Same |
|
Marketing & Launch
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Working Capital (3 Months)
|
$14,100 - $47,100 | $25,000 - $83,300 | -43% |
| Total Estimated Cost | $76,000 - $290,000 | $116,000 - $452,000 | -36% |
Local Market Factors
| Factor | Daytona Beach | Los Angeles |
|---|---|---|
| Cost of Living Index | 94.2 | 166.5 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $30 - $85 |
| Labor Rate Index | 0.87 | 1.35 |
| Sales Tax | 6.5% | 9.5% |
| Minimum Wage | $13.00/hr | $16.78/hr |
| LLC Filing Fee | $125 | $70 |
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