百大连锁店-Rank no. 355 -新移民致富之路
Rank no. 355 – MassageLuXe – US
Products & Services: Therapeutic massage, facials, waxing
Number of Locations: 22
Total Investment: $195.5K – 371.79K
Founded: 2008
Began Franchising: 2008
About MassageLuXe
MassageLuXe was founded by Todd Beckman in 2008 and began franchising the same year. Based in Fenton, Missouri, the company’s franchise locations offer a monthly membership program for massage services. A sister concept, FaceLuXe, offers the option of facials and waxing services as well.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 15 | 0 | 0 | 7 |
2012 | 11 | 0 | 0 | 5 |
2011 | 9 | 0 | 0 | 6 |
2010 | 4 | 0 | 0 | 5 |
2009 | 0 | 0 | 0 | 4 |
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $38,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $300,000
Liquid Cash Available: $100,000
OPERATIONS
Number of employees needed to run franchised unit: 30. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).