Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Massage Envy
#17

Initial Investment

LOW: $434,823
HIGH: $1,023,500

Change in Units

+6.0% +65 UNITS (1 Year)
+24.2% +224 UNITS (3 Years)

Company Profile

Founded

2002

Franchising Since

2003 (14 Years)

Corporate Address

14350 N. 87th St., #200 Scottsdale, AZ 85260

CEO

Joe Magnacca

About Massage Envy

Massage Envy got its start in 2002 with the aim of making massage services more affordable with a membership-based business model. In 2009, the company expanded its services to offer facials and other spa services in many of its locations as well.

Financials

Financial Requirements

Initial Investment

$434,823 - $1,023,500

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$45,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

6%

Financing Options

Massage Envy has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives


$9,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 10 days

Training at headquarters: 5 days

Additional Training: As requested

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Number of employees required to run: 20

Related Franchises

Related Articles

Franchise of the Day: Relax And Unwind With This Franchise

Franchise of the Day: Relax And Unwind With This Franchise

A massage or two never hurt anyone.
Lindsay Friedman
How Franchises Are Democratizing Luxury

How Franchises Are Democratizing Luxury

With affordable pricing, convenient locations and online scheduling systems, franchising is making health and beauty services accessible to all.
Judge Rules Against Joint Employer Responsibility in Minimum Wage Case

Judge Rules Against Joint Employer Responsibility in Minimum Wage Case

A California judge ruled that only Massage Envy franchisees – not the corporate franchisor – are responsible for wage violations, in contrast to recent National Labor Relations Board decisions.
Kate Taylor

Franchised Spas Thrive with Cost-Conscious Consumers

Expensive day spas are being pummeled by the recession, but franchised spas and massage centers are growing fast.
In a Class of his Own

In a Class of his Own

The company's focus has always been on its core values, like risk taking, openness, ownership, honesty and commitment and innovations, even while franchising.
Punita Sabharwal

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: May 24th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 100 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012