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Entrepreneur: Start & Grow Your Business

Michelle Lea Massage Therapy Inc.

Massage services & holistic healthcare

Background

Founded: 2001 Franchising since: 2008
44141 Airport View Dr., #204
Hollywood, Maryland 20636
Phone:
(301)475-2200


Franchisor has 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 0 0 0 1
2008 0 0 0 1
2007 N/A N/A N/A 1
2006 N/A N/A N/A 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Delaware, Florida, Georgia, Maryland, Mississippi, North carolina, Ohio, Pennsylvania, South, South carolina, Southeast, Tennessee, Virginia

Costs and Fees

Total investment: $62.5K-107.6K
Franchise fee: $35K
Ongoing royalty fee: 5%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience
  • Marketing skills
  • Industry experience helpful


Training and Support

Training
  • Available at headquarters: 1 week
  • Available at franchisee's location

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Other marketing support
  • Website