
Squeeze
Massages- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$494K - $663K
- Units as of 2022
-
1 0.0% over 3 years
Company Overview
About Squeeze
- Industry
- Personal-Care Businesses
- Related Categories
- Massage & Spa Services, Health & Wellness
- Founded
- 2019
- Parent Company
- Squeeze Holdings LLC
- Leadership
- Brittany Driscoll, Cofounder & CEO
- Corporate Address
-
12338 Ventura Blvd.
Studio City, CA 91604
Business Overview
- Franchising Since
- 2019 (4 years)
- # of employees at HQ
- 5
- Where seeking
-
This company is offering new franchisees throughout the US.
- # of Units
- 1 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Squeeze franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $60,000
- Initial Investment
- $493,623 - $662,728
- Net Worth Requirement
- $800,000
- Cash Requirement
- $200,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Squeeze has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 40 hours
- Classroom Training
- 42.5 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 30-35
- Are exclusive territories available?
- No
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