Franchise FAQ

how much does a massage envy franchise make

by Abigayle Kohler V Published 2 years ago Updated 1 year ago
image

How much do franchisees make with Massage Envy? Massage Envy franchise owners make $100,000 annually, or $48 an hour, which is 50% above the national average for all franchise owners of $60,000 per year and 41% above the national average salary for “all working Americans.” lies. Is a spa worth it? The profit margins are also high.

2021 Massage Envy Average Franchise Sales: $1,009,980
In 2021, based on the average sales of the 190 smaller format businesses, at an average 15% profit margin, it will take around 6.6 years to recoup your investment.
Jun 17, 2022

Full Answer

How much can you make owning a Massage Envy?

Massage Envy Salary FAQs The average salary for an Owner is $122,945 per year in United States, which is 2% lower than the average Massage Envy salary of $125,484 per year for this job.

Are Massage franchises profitable?

Is Massage Therapy a Lucrative Business? In short, absolutely. For starters, the membership model pioneered by MassageLuXe creates recurring and consistent revenue for owners. Demand for spa services is also increasing consistently in recent decades.

How much does it cost to start Massage Envy?

Approximately $90 per month. The above information has been compiled from the FDD of Massage Envy. Year of FDD: 2022....Massage Envy Franchise Costs & Fees.Name of FeeLowHighInitial Franchise Fee$45,000$45,000Initial Opening Package$46,000$63,000Computer System$57,600$82,000Security Deposits$6,000$12,00010 more rows

How much do you make when you open a franchise?

When researchers accounted for the inflations caused by the few top franchises, it was established that the average annual income of 51 percent of franchisees is less than 50,000 dollars. The study also found that only 7 percent of franchise owners earn over 250,000 dollars a year.

How much can I make owning a massage business?

Industry experts estimate the average day spa owner salary is $80,000 per year or more, with many owners earning more than $100,000 annually.

What spa services make the most money?

Summary. While it is clear that the med spa industry is huge and only going to get bigger the results are clear that Botox and fillers are not only the most popular treatments but also the most profitable. Laser hair treatments and laser facials also provide good profit margins and so do chemical peels.

How much should you tip for a massage at massage Envy?

We spoke to two etiquette experts, who suggested leaving a 15% to 20% tip, if you're able. Twenty percent is generous for the massage therapist and easy on the brain, which may be feeling more relaxed than ever after a massage.

Who owns massage Envy franchise?

The Massage Envy franchise network is the largest provider of therapeutic massages and skin care in the United States, and has more than 1,100 independently owned and operated franchise locations, as of 2022....Massage Envy.The company's logoFounded2002Key peopleBeth Stiller (CEO)Websitemassageenvy.com3 more rows

How much is a massage franchise?

How Much Does it Cost to Open a Massage Business?Name of FeeLowHighInitial franchise fee$42,500$42,500Leasehold improvements$196,600$389,400Signs$1,800$13,200Spa equipment and supplies$24,300$81,30016 more rows

What is the most profitable franchise to own in 2022?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

What franchise makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

Is owning a franchise a full time job?

Buying a franchise doesn't have to mean making a full-time commitment. Believe it or not, there are many franchises that can be run on a part-time basis, especially when you first start out.

Is owning a day spa profitable?

How much profit can a day spa make? The average annual earnings of day spa owners is between $35,000 and $120,000. Small day spas can earn up to $100,000, while large spas offering more expensive equipment and services, such as hydrotherapy, saunas and mud baths, can earn much more.

Is the massage industry growing?

Employment of massage therapists is projected to grow 20 percent from 2021 to 2031, much faster than the average for all occupations. About 25,200 openings for massage therapists are projected each year, on average, over the decade.

How do I start a successful massage business?

If so, read on for expert advice that can start you down a path the to running your own successful massage business.Get online scheduling. ... Treat your practice with focused care. ... Start from a financially stable place. ... Get on social media. ... Don't be afraid to ask for business. ... Communicate with your clients.More items...

How do I start a successful spa business?

7 Tips for Spa Business SuccessStart with a well thought-out plan. ... Don't chase the illusion of success. ... Know thy customer, know thyself. ... Bigger isn't always better. ... Plan a service menu that generates profits, not just sales. ... And on the subject of retail... ... Hire employees who will solve problems, not create them.

How much does it cost to buy a massage envy franchise?

Franchisees can expect to make a total investment of $150,000 - $2,500,000. They also offer financing via 3rd party. *

How many massage envy spas are there in the US?

Today Massage Envy has about 1,160 locations in 49 states and 2 international, making it the largest massage therapy franchise in the industry - join us as the brand continues to expand!

Is Massage Envy a franchise?

Massage Envy. Massage Envy is the most successful franchise of its type in the world. It is, indeed, a rare opportunity to be able to acquire existing open Massage Envy Spas but the opportunity now exists so don't delay. if you think you qualify financially and are willing to learn and succeed contact us now while these existing units are available.

Is everything set up and operating for you to step right into success then to make your franchised spa even better answer?

Everything has already been set up & operating for you to step right into success then to make your franchised spa even better with the training you will have received

Does massage therapy background need to be a passion?

Does not necessarily need massage therapy background but should have a passion for the Health and Wellness category

Is Massage Envy off the market?

Act now because once these few existing Massage Envy Spas are sold they are off the market for years to come! Freddy O’Pry, President & CEO of Franchise Development will contact you quickly & you two can discuss your qualifications to become a Massage Envy franchisee and you can learn much more about these truly RARE franchise opportunities. As a Massage Envy franchisee you are in business for yourself but NEVER by yourself with help available every step of the way.

How many massage envy franchises are there?

As of December 31, 2019, there were a total of 1,154 franchised Massage Envy Businesses open and operating and, of that number, 1,124 Massage Envy Businesses were in operation continuously throughout fiscal year 2019 and had been open and operating for at least 24 calendar months.

How big is a massage envy business?

203 of these 1,124 Massage Envy Businesses reflect the new smaller size and layout for Massage Envy Businesses (ranging in size from 2,300 to 2,800 square feet) that prospective franchisees are required to develop moving forward.

What attracted Cary to Massage Envy?

5. Cary added, “I am super excited to be a part of Massage Envy and the wellness industry. I wanted to join a people-focused culture with a great purpose. That’s what really attracted me to Massage Envy. I will leverage all parts of my marketing background to help drive value for our franchisees.”

What is Cary's new job?

In her new position, Cary will lead all consumer and employee brand marketing functions, including brand strategy and promotion, retail and service innovation, digital marketing, field marketing, public relations, and social media. 2.

Who is the president of Massage Envy?

16. According to Michael Gonzalez, brand president for Massage Envy at Atticus Franchise Group, “Atticus is dedicated to partnering with industry-leading brands that offer secure financial performance, significant marketplace relevance and strong leadership. Massage Envy has established a solid foundation with 18 years of experience and nearly 1,200 franchised locations within the system. With that growth and the brand’s recent product and service innovations, we feel well positioned to serve emerging consumer wellness trends across the country.”

Does Massage Envy require masks?

9. For example, Massage Envy brand standards now require franchisees to ensure service providers wear masks while performing services. Additionally, Massage Envy franchisees must require their employees to complete additional health-specific training before they are allowed to return to work.

A Franchise That Strikes Your Passion

Massage Envy pioneered the membership-based, recurring-revenue massage and spa experience in 2002. It's now one of the largest franchises in the industry, with over 1,100 locations. If your passion is taking care of others, become part of a growing market for massage and wellness.

Request more information

Ready to build a future in the business of wellness? Complete the form, and you will be contacted to receive more massage franchise information and begin our Discovery Process.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9