Massage Envy
Massage goes mainstream with Massage Envy, an innovative business concept that combines the ancient art of massage with modern business systems, service, and pricing strategies. Massage Envy is creating a revolution in relaxation by providing customers with many advantages, including affordable membership- based pricing, attractive, efficient massage clinics, a wide range of professional services, and customer convenience.
Massage Envy combines the ancient art of massage with modern business systems, service and reasonable prices. They have partnered with massage therapists whose prime objective is to be available more hours and charge less so that more people can take advantage of their services. They have utilized a membership based approach that brings massage therapy out of the elite and expensive circle and makes it available to everyone. From its inception, the Massage Envy concept was designed to be a fantastic business to own. As a Massage Envy franchise owner, you will enjoy a number of advantages.
Background:
Year Established: 2002
Year Franchised: 2002
# Franchises Sold: 179
# Franchises Open: 113
# Masters Sold: 52
# Masters Open: 35
Financial / Terms:
Cash Liquidity: $300K
Min. Net Worth: $800K
Total Investment: $320.4K-1M
Franchise Fee: $140K-717.6K
Royalty: 5%
Ad Fee: $100/month
Franchise Fee Split: 50/50 (of $39K)
Royalty Split: 2% (of 5%)
Avg. # Employees: 10-12
Passive Ownership Allowed: Yes
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