Summary
- Asking price:
-
$160,000
- Sales revenue:
- < $500k
- Net profit:
- Available on request
- Franchise opportunity:
- Yes
- Business closed / Asset sale:
- Yes
- Years established:
- 2007
Franchise terms
Franchise Fee of 34k.
6% Royalty.
Approximate cost will be 150 – 160k (hard and soft costs), this includes franchise fee and working capital of approx 25k.
Business description
Join the largest and fastest growing wellness company in the world.
Our company that has over 12 years of franchising experience and over 25 years of business experience in the wellness industry. You do not need previous industry or business ownership experience to bring the benefits of high-quality, affordable massage services to your community. We'll provide you with all the training and support you need!
This business appeals to both male and female clients, and we staff our studios with professional massage therapists offering a variety of massage styles. We offer a total wellness approach providing feedback to clients to encourage repeat visits and maintain a professional image. We offer a variety of pricing structures and memberships available for clients and our unrivaled service keeps our clients coming back. In fact, we are projecting over 3,500 studios to be active world-wide within five years time! Find out today why we are the best in the industry.
Our consumers are looking for dedicated personal attention and specialized massage therapeutic services in relaxed conducive environment.
Business Model is to take the approach that bigger is not better. Our goal is to provide an upscale and high end service – with high quality therapists.
Property information
- Location:
- We are located nationwide and internationally. Locations available in Indian River, St Lucie, Okeechobee, Highlands, Hardee, Manatee, Sarasota, Desoto, Charlotte, Glades, Martin, Palm Beach, Hendry, Lee, Collier, Broward, Monroe and Miami-Dade counties. Other opportunities in other counties and states are also available. Please contact us for additional information.
Other information
- Expansion potential:
- The percentage of Americans receiving massage has skyrocketed from 8% to 21% since 1997.
Consumers now spend between $6 and $11 billion annually on massage therapy, and over 47 million American adults receive a massage each year.
As referenced by the American Massage Therapy Association:
In 2005, massage therapy was projected to be a $6 to $11 billion a year industry.1
It is estimated that there are 265,000 to 300,000 massage therapists and massage school students in the United States.2
According to the U.S. Department of Labor employment for massage therapists is expected to increase 20 percent from 2006 to 2016, faster than average for all occupations3
Between August 2006 and June 2007, almost a quarter of adult Americans (24 percent) had a massage at least once in the last 12 months.4
Footnote reference:
1 Center for Medicare & Medicaid Services. 2004 National Health Expenditure Projections 2004-2014.Barnes P, Powell-Griner E, McFann K, Nahin R. CDC Advance Data Report #34.
2 From data compiled by AMTA 2007.
3 U.S. Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook.
4 2007 AMTA Consumer Survey
- Competition / Market:
- Financial Risk is usually much higher.
Less franchise experience.
Franchise Fee's are higher.
Average startup cost must higher.
Lease requirements much larger, usually 3k square feet plus with 10-15 rooms.
Higher overhead and debt service.
Supplemental support cost or higher.
- Support & training:
- You will receive the advantage through our corporate staff from our Denver based International Headquarters along with your local Area Director to help and assist when you need it. In addition, by utilizing our Franchisee website, you will have access to all the tools needed to keep your business running as smooth as possible.
Elements Therapeutic Massage Welcome Kit - Received once you purchase the franchise giving you the strategic steps and duties to getting your business open the best way possible.
Owners check list
Steps for correct business formation, site selection, construction, and more
Corporate orders and pre-approved vendors
Information on attaining insurance. Payroll services, and studio supplies
Elements Therapeutic Massage Franchisee Website
All direct vendor contact information
Marketing and advertising tools
Management and Employee forms
Monthly corporate news and message boards
Designated On-Going Support:
Twice yearly you will receive “On-Site” coaching visits from an Elements Representative
General problem solving – Including pre-opening, Grand Opening, and ongoing
Phone and email assistance
Assistance in hiring new staff
Internet e-mail link for immediate communication
Help when you need ongoing supplies
University program
Great 8 - Coaching and mentoring program where 1 leader works with 8 owners
Continues through the first 6 months of business operation
Teleconferencing is held every 2 weeks for one hour
Program was pioneered 5 years ago and has created such success that it is now part of our regular support
One on one consultation
Weekly seminars on key business principles
Superstar CD’s
Toll free – Franchise support number
Message Board
Area Director/Master:
On site assistance if needed – they understand the proven methods to start up and maintain a successful studio
Support with vendors, software, marketing and general studio maintenance
Reporting
Hiring new staff
Ongoing training
Yearly Franchisee Conventions
- Reasons for selling:
- We are the Area Developers for South Florida and we are looking for prospective owners in our area.
- Trading hours:
- M-Th 9AM-8PM; F-Sun 9AM-7PM
- Financing available:
- Pre-Approved in the SBA Franchise Registry – makes financing easier
- Website:
-
www.elementsfl.com
- Related documents:
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