Full Answer
How much do Massage Envy franchise owners make?
The estimated total pay for a Owner at Massage Envy is $124,262 per year.
How much money does a Massage Envy franchise make?
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.
Are massage franchises profitable?
Many MassageLuXe franchisees skew well above the average earnings and often enjoy six-figure annual salaries. Locations typically produce more than 20 percent in profit margin each year. MassageLuXe's membership model also creates a continuous revenue stream for franchise owners, providing more reliable income.
How much do franchise owners make a year?
According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
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 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 profitable is a massage business?
How much can you earn from a massage business? The average one-hour massage session costs $100 and a typical full-time therapist sees about five clients per day. Working six days a week, you could see more than $150,000 in annual revenue and profit of $75,000, assuming a 50% profit margin.
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...•
How often do franchises fail?
A five-year study by the franchise consulting firm FranNet reported that 92 percent of their franchise placements were still in business after two years and 85 percent after five years. Because yes, sometimes franchise businesses can rise and fall like independently owned companies.
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.
How many Massage Envy franchises are there?
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 1,000 locations. If your passion is taking care of others, become part of a growing market for massage and wellness.
Who is the CEO of Massage Envy?
Beth Stiller (Nov 25, 2019–)Massage Envy / CEO
Who created Massage Envy?
John LeonesioThe company's cofounders, massage therapist Shawn Haycock and entrepreneur John Leonesio, and its current president, Dave Crisalli, met back in the '90s through a national fitness chain. After the chain was sold in 1999, Leonesio and Haycock decided to try bringing the fitness industry's membership model to massage.
Where is Massage Envy corporate headquarters?
Scottsdale, AZMassage Envy / Headquarters location
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 much does a Massage Envy Spa franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2019 Franchise Disclosure Document, there are 1165 franchised Massage Envy Spa locations in the USA.
When did Massage Envy start?
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.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is net worth?
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
What is the purpose of royalty fee?
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
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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.
