Stress is one of the leading causes of an unhealthy life. Feelings of anxiety and paranoia can lead to adverse effects like depression, insomnia, and irritability. According to a recent Gallup poll, Americans are the most stressed-out people on Earth. Understanding the demand for professional spa and massage therapists, health businesses have grown exponentially in recent years. Here’s how to open a spa franchise and raise your income.
Checklist for Opening a Spa Franchise
1. Research the best spa franchise for you
There are a multitude of spa franchises to choose from, but some may be a better fit than others. It’s important to weigh the pros and cons of each spa in order to make the best decision. Some spas are tailored towards women while others are tailored more towards men. Spas brands may specialize in a certain area of treatment. Waxing the City specializes in hair removal while Lash Lounge is geared toward eyelash treatment. Find what you’re passionate about and research what spa offers the best route to success when deciding between franchises.
2. Plan out your spa franchise budget
Like any other major expense, your budget should be a major factor. While there are many great financing options, it’s often best practice to avoid taking on too much debt as this can have an adverse effect on your bottom line. There are several low-cost spa franchises like Massage Heights that only require a minimum investment of $40k. When it comes to franchising, you don’t have to break the bank to get what you want.
3. Undergo the proper spa franchise training
Every franchise across a broad spectrum of industries offers a comprehensive training program to ensure franchisees are prepared to succeed. Spa franchises like Massage Envy offer a “hands-on” tutorial in various styles of massage via its online webinars. Many franchises also offer marketing support, therapist recruitment support, a step-by-step guide on operating proprietary software, and real estate site selection assistance. Remember, franchises are an attractive option because they offer tremendous support in all aspects of running a business. So study up!
There Are Many Spa Franchises For Sale For Every Budget
Estimated initial franchise fee: $28,000 – $45,000 (per 2019 FDD)
Estimated initial investment: $481,400 – $898,700 (per 2019 FDD)
Estimated revenue range: $979,493 – $3,064,499 (per 2019 FDD)
Massage Envy is a spa franchise that provides clients with massage and therapeutic services.
Founded in 2002, Massage Envy to provide customers with a relaxing and stress-free experience. Massage Envy boasts a workforce of more than 25,000 massage therapists and across the U.S. The spa franchise has served more than 1.5 million members in the US since its doors officially opened 18 years ago.
Estimated initial franchise fee: $150,000 – $450,000 (per 2019 FDD)
Estimated initial investment: $478,940 – $937,224 (per 2019 FDD)
Estimated revenue range: See FDD
Massage Heights provides professional therapeutic massage and optional facial services to the general public through membership-based programs, and the sale of related products and services. The Texas-based spa franchise was founded in 2004 in San Antonio, Texas by husband and wife, Wayne and Shane Evans. Massage Heights rapidly expanded from its first location and was named to Franchise Times “Fast 55” in 2010.
Estimated initial franchise fee: $39,000 (per 2019 FDD)
Estimated initial investment: $137,050 – $363,700 (per 2019 FDD)
Estimated revenue range: $182,318 – $1,908,341 (per 2019 FDD)
Elements Massage began as the dream of one Aurora, Colorado woman and has quickly grown since. Michele Merhib founded the first Elements massage location in 2000 when she rented out a small space at a country club to offer massages. The entrepreneur teamed up with Fitness Together Holdings (now WellBiz Brands) in 2006 in order to franchise her business. The Colorado-based franchise seeks to boost its customers’ immunity and overall well being through tripper point massage, cupping therapy, reflexology, and much more. The spa franchise now operates over 200 franchises across the nation including one international location.
Join the Thousands of Spa Franchisees in Their Quest for Relaxation
The demand for spa franchises will continue to rise as more and more Americans report feeling stressed out. You can join the thousands of spa franchisees who are already making a difference. There’s a spa franchise for every budget, check out AskMrFranchise.com’s health and beauty franchises page for a perfect match!