|
Below is an in-depth analysis and side-by-side comparison of Massage Heights vs Hand and Stone Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $362,240 - $484,356 | $567,626 - $674,476 |
Franchise Fee | $39,500 | $32,500 - $42,500 |
Royalty Fee | 6% | 5%-6% |
Advertising Fee | 3% | 5% |
Year Founded | 2004 | 2004 |
Year Franchised | 2005 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of franchise fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 48 hours | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 20 | Number of Employees Required to Run: 12 - 15 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
Massage Heights, a family owned franchise massage company founded in San Antonio, Texas, in 2004. Massage Heights, with over 125 locations operating across the U.S. and Canada, is built on a membership model that makes regular massage affordable, while still providing the level of service available at a five-star resort. Massage Heights fosters a culture of excellence and gives our Franchisees the tools and the opportunities to grow and succeed.
We are strongly positioned to outpace the competition with: