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LaVida Massage

2012 Franchise 500
#317
At a Glance

Products & Services: Massage & spa services

Number of Locations: 38

Total Investment: $145.25K - 260K

Founded: 2007

Began Franchising: 2007

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 36 1 0 1
2010 30 1 0 2
2009 15 0 0 1
2008 8 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $145,250 - $260,000
Franchise Fee: $39,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 20. Absentee ownership of franchise is allowed. (80% 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: 1 week. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #317 (2012),
Top New: #19 (2012),

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Entrepreneur Magazine's Entrepreneur of 2012 - Presented by The UPS Store