Elements Massage
#182

Initial Investment

LOW: $214,800
HIGH: $380,700

Change in Units

+13.5% +28 UNITS (1 Year)
+24.2% +50 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

2000

Franchising Since

2006 (10 Years)

Corporate Address

9092 Ridgeline Blvd., #A Highlands Ranch, CO 80129

CEO

Jeff Jervik

Parent Company

WellBiz Brands Inc.

About Elements Massage

In pursuit of her dream of owning her own business, Michele Merhib started out by renting space at a local country club to offer massages. She went on to open a retail massage studio in Aurora, Colorado, followed by a second location in Centennial. In 2006, she teamed up with Fitness Together Holdings (now WellBiz Brands) to franchise her concept. Elements Massage franchises provide therapeutic massage services and a wellness program that offers savings to members.

Financials

Financial Requirements

Initial Investment

$214,800 - $380,700

Net-worth Requirement

$300,000 - $1,000,000

Liquid Cash Requirement

$150,000 - $450,000

Ongoing Fees

Initial Franchise Fee

$49,500

Ongoing Royalty Fee

6%

Ad Royalty Fee

1%

Financing Options

Elements Massage has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$10,000 off first-unit franchise fee

Franchise 500® Rank History

  • 2011 - 422
  • 2014 - 212
  • 2015 - 208
  • 2016 - 182

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 14th, 2015

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