SCOTTSDALE, Ariz. — Massage Envy Spa, a pioneer and national leader of professional, convenient and affordable massage and spa services, has been named to the Franchise Times “Fast and Serious” list for the second consecutive year. This year, the brand was ranked no. 16 among 40 top growing brands in the country.
“We’re honored to be named among the ‘Fast and Serious’ companies for the second year in a row,” said Joe Luongo, chief operating officer, Massage Envy Spa. “The growth we achieved in 2014 with the opening of our 1,000th location, expanding the brand’s presence into our 49th state and reaching $1 billion in system-wide sales has given us momentum as we roll into 2015. It’s exciting to see the company recognized in the industry as a successful brand that continues to grow and thrive, while introducing more people to the benefits of massage and facials.”
The “Fast and Serious” list is based on a formula that identifies fast-growing franchise systems that also have staying power. Franchise Times developed a proprietary 10-point formula, including percentage of sales growth, percentage of unit growth, dollar sales growth and numerical unit growth over the past three years, with more weight given to acceleration in years two and three. The Franchise Times Top 200 plus 300, the annual ranking of the largest franchise systems by revenue, is used as the database for “Fast and Serious.” The team identified companies with system-wide sales above $40 million, the floor for consideration for the listing.
Today, Massage Envy Spa is the largest system of franchised massage clinics in the industry. The company is also the world’s largest employer of licensed/registered massage therapists with more than 25,000 therapists and estheticians providing over 18 million massages a year to a total of more than 1.5 million members.
In the next several years, Massage Envy Spa plans to continue to grow across the country and is seeking franchisee candidates who have the ability and the desire to learn and follow a system that values customer service and satisfaction. Franchisee candidates should have business sales or management experience but do not necessarily need to have a massage therapy or spa operations background. They also should possess a minimum net worth of $500,000 and liquid assets of at least $150,000. Depending on the real estate, Massage Envy Spa franchisees can expect their initial investment to range from approximately $412,600–$938,900, including the franchisee fee.
Those interested in exploring Massage Envy Spa franchising opportunities may visit Massage Envy Spa’s franchising website at www.MassageEnvyFranchise.com, then select “Request Info”. The assigned representative for the market of interest will respond with next steps.
About Massage Envy Spa
Massage Envy Spa, based in Scottsdale, Arizona, is a national franchisor, and through its franchised locations, is a leading provider of therapeutic massage in the United States. The national franchise is dedicated to providing professional and affordable therapeutic massage and spa services to members and guests with busy lifestyles at convenient times and locations. Founded in 2002, Massage Envy Spa has more than 1,000 franchise locations in 49 states and 1.5 million members. In addition, the average unit volume for a franchise location is $1.35 million. Through its national partnership with the Arthritis Foundation, Massage Envy Spa has raised more than $3 million in four, one-day Healing Hands for Arthritis events. The company was recently ranked #1 Best Franchise with an initial investment of $500,001 and up by Forbes, #79 in Franchise Time’s Top 200, #51 in Entrepreneur’s 2015 Franchise 500 and #27 in its Fastest Growing Franchise rankings. Massage Envy Spa is a member of the International Franchise Association (IFA) and was named a 2013 Military Friendly Franchise. For more information, visit www.MassageEnvy.com.