Aspiring entrepreneurs across the United States are increasingly exploring franchise opportunities as an option for starting their own business. Of the many different franchise models, one of the fastest growing is Massage Envy- the largest membership-based massage and skin therapy provider in the country. The comprehensive service spa concept offers guests member access to an expansive list of one-of-a-kind massage and skin treatments, alongside related health and wellness classes and products.
As business owners or potential owners review their options for launching a Massage Envy Franchise, they are likely to have a number of questions about the process, the company, and the industry. This article aims to answer some of the most frequently asked questions about investing in a Massage Envy Franchise in order to help entrepreneurs make the most well-informed decision possible.
What is Massage Envy?
Massage Envy is an American franchise of massage centers offering a wide range of body and skin treatments. It is the largest provider of its kind in the country. The franchise models offer clients a range of stress-relieving massages, skincare treatments, and health and wellness-related classes.
How much does it cost to set up a Massage Envy business?
The estimated cost of setting up a Massage Envy franchise ranges from around $91,500 to $578,900. This includes the estimated franchise fee of $48,000, the requisite startup equipment and supplies, the cost of acquiring the franchisor’s proprietary software and hardware, and additional miscellaneous and ongoing monthly fees.
What kind of training do franchise owners get?
Franchisees receive comprehensive training before they open their doors. The Massage Envy training program is structured around teaching core skills such as how to book appointments, offer specials, deliver treatments, and more directly from the franchisor. In addition to the training program, the company also provides marketing and financial support for its franchisees.
What kind of reputation does Massage Envy have in the health and wellness industry?
Massage Envy is a well-known and highly-regarded brand in the health and wellness industry and has built a solid reputation for providing client-focused, quality services. According to its most recent customer satisfaction survey, guests gave the company a 9 on average out of 10 when asked to rate their overall impression of Massage Envy.
What type of supplies and materials do franchise owners need?
Massage Envy franchise owners need to stock a wide range of supplies and materials in order to effectively run their business. These include massage table sheets, massage oils, heat packs, creams, gels, instruments, and electrical cords. Each location may also require additional equipment such as air filtration units, computer software, phone systems, and POS systems.
What is the estimated return rate for Massage Envy franchise owners?
The estimated return rate for Massage Envy franchise owners varies depending on the location of the business. According to the most recent performance measurements, franchises located in metropolitan markets (e.g. New York City) typically produce returns of around 9-18%, while those located in smaller markets (e.g. Omaha, Nebraska) can expect to generate returns of around 5-10%.
Is there any assistance provided to Massage Envy franchise owners?
Yes, Massage Envy provides a range of assistance and support programs designed to help its franchise owners thrive and succeed. These include training, marketing, operational, and financial assistance, as well as access to its proprietary systems and tools. Access to the franchisor’s market analytics program is also available.
What is the outlook for Massage Envy franchises?
The outlook for Massage Envy franchises is overwhelmingly positive. The global health and wellness industry is expected to grow at a steady rate for the foreseeable future and Massage Envy is well-positioned to capitalize on this growth. As the largest provider of its kind in the United States, the company is well-positioned to capture a larger share of the market and deliver profitable returns to its franchise owners.