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SCOTTSDALE, Ariz., March 2, 2015 /PRNewswire/ — Massage Envy Spa, the pioneer and national leader of professional, convenient and affordable massage and spa services, has actually been named to the Franchise Times’ “Fast and Serious” list for the second consecutive year. This year, the brand was ranked #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 accomplished in 2014 along with the opening of our 1,000th location, expanding the brand’s presence in to our 49th state, and reaching $1 billion in system-wide sales has actually offered us energy as we roll in to 2015. It’s exciting to see the company recognized in the industry as a successful brand that continues to grow and thrive, while introducing much more people to the rewards of massage and facials.”
The Franchise Times’ “Fast and Serious” list is based on a formula that identifies fast-growing franchise units that additionally have actually staying power. Franchise Times created 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, along with much more weight offered to acceleration in years two and three. The Franchise Times’ Top 200 plus 300, the annual ranking of the largest franchise units by revenue, is used as the database for “Fast and Serious.” The group identified companies along 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 additionally the world’s largest employer of licensed/registered massage therapists along with much more compared to 25,000 therapists and estheticians providing over 18 million massages a year to a total of much more compared to 1.5 million members.
Over the next several years, Massage Envy Spa plans to keep on to grow across the country and is seeking franchisee candidates that have actually the ability and the desire to learn and follow a system that values customer service and satisfaction. Franchisee candidates must have actually business sales or management experience, however do not necessarily should have actually a massage therapy or spa operations background. They additionally must possess a minimum net worth of $500,000 and liquid assets of at least $150,000. Depending on the actual estate, Massage Envy Spa franchisees can easily expect their very first investment to range from roughly $412,600 – $938,900, including the franchisee fee.
Those considering exploring Massage Envy Spa franchising opportunities might visit Massage Envy Spa’s franchising website at MassageEnvyFranchise.com, after that decide on “Request Info”. The assigned representative for the market of interest will certainly respond along with next steps.
About Massage Envy Spa
Massage Envy Spa, based in Scottsdale, Arizona, is a national franchisor, and through its franchised locations, is the 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 along with busy lifestyles at convenient times and locations. Founded in 2002, Massage Envy Spa has actually much more compared to 1,000 franchise locations in 49 states and 1.5 million members. In addition, the standard unit volume for a franchise location is $1.35 million. Through its national partnership along with the Arthritis Foundation, Massage Envy Spa has actually raised much more than $3 million in four, one-day Healing Hands for Arthritis events. The company was recently ranked #1 Finest Franchise along with an very first 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 Global Franchise Association (IFA) and was named a 2013 Military Friendly Franchise. For much more information, visit MassageEnvy.com.
SOURCE Massage Envy Spa