Rank no. 81 – Massage Envy – US

Rank no. 81 – Massage Envy – US


Rank no. 81 – Massage Envy – US

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Products & Services: Therapeutic massage & facial services

Number of Locations: 895

Total Investment: $331.48K – 825.61K

Founded: 2002

Began Franchising: 2003

About Massage Envy

Massage Envy got its start in 2002 with the aim of making massage services more affordable with a membership-based business model. In 2009, the company expanded its services to offer facials and other spa services in many of its locations as well.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 894 0 0 1
2012 845 0 0 0
2011 742 0 0 0
2010 656 0 0 0
2009 583 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $331,485 – $825,623
Franchise Fee: $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $500,000
Liquid Cash Available: $150,000

OPERATIONS

73% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 20. Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee’s location: 5 days. As requested
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #81 (2013), #57 (2012), #64 (2011), #88 (2010), #58 (2009),
Fastest-Growing: #24 (2013), #29 (2012), #49 (2011), #23 (2010), #20 (2009),