Rank no. 81 – Massage Envy – US
Rank no. 81 – Massage Envy – US
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 |
Startup Costs, Ongoing Fees and Financing
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 |
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How This Franchise Supports Franchisees
Franchise Ranking History