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Hand and Stone Massage and Facial Spa

2013 Franchise 500
#248
At a Glance

Products & Services: Massage & spa services

Number of Locations: 79

Total Investment: $320.8K - 438.92K

Founded: 2004

Began Franchising: 2006

About Hand and Stone Massage and Facial Spa

Hand and Stone Massage and Facial Spa was founded in 2004 by physical therapist John Marco, who noticed that there was no national massage brand in spite of the service's popularity. Franchising of the concept began in 2006, offering massage, facial and waxing services, along with a membership program.

Franchise Units

Year U.S. Canadian International Company Owned
2012 71 6 0 2
2011 47 2 0 2
2010 28 1 0 2
2009 27 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $320,797 - $438,919
Franchise Fee: $39,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $125,000
Operations
Number of employees needed to run franchised unit: 6 - 6. Absentee ownership of franchise is NOT allowed. (100% 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: 3 weeks. At franchisee's location: 1 week.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks,

Franchise Ranking History

Franchise 500®: #248 (2013),
Fastest-Growing: #84 (2013),

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