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LaVida Massage

2015 Franchise 500
#307
At a Glance

Products & Services: Massage and spa services

Number of Locations: 55

Total Investment: $160.3K - $290K

Founded: 2007

Began Franchising: 2007

About LaVida Massage

LaVida Massage is headquartered in Commerce Township, Michigan. The company was founded in 2007 and began franchising the same year. Franchise locations offer a variety of massage services, as well as facials, waxing, peels, body treatments, hydrotherapy and infrared body wraps.

Franchise Units

Year U.S. Canadian International Company Owned
2014 53 1 0 1
2013 49 1 0 1
2012 42 1 0 1
2011 36 1 0 1
2010 30 1 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $160,250 - $290,000
Franchise Fee: $39,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: Up to $5,000 matching on grand-opening advertising
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).
Direct Capital
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, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #307 (2015), #330 (2014), #306 (2013), #317 (2012),
Top New: #19 (2012),