Rank no. 306 – LaVida Massage -US
Products & Services: Massage & spa services
Number of Locations: 51
Total Investment: $160.25K – 290K
Began Franchising: 2007
About LaVida Massage
LaVida Massage is headquartered in Commerce Township, Michigan. The company was founded in 2007 and began franchising the same year. Franchise locations offer a variety of massage services, as well as facials, waxing, peels, body treatments, hydrotherapy and infrared body wraps.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $39,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $250,000
Liquid Cash Available: $50,000
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 20. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).
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How This Franchise Supports Franchisees