Hand and Stone Spa vs Elements Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hand and Stone Spa vs Elements including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$567,626 - $674,476 | $251,950 - $491,350 |
Franchise Fee |
$32,500 - $42,500 | $39,900 |
Royalty Fee |
5%-6% | 6% |
Advertising Fee |
5% | 2% |
Year Founded |
2004 | 2000 |
Year Franchised |
2004 | 2006 |
Term Of Agreement |
- | 10 |
Term Of Agreement |
- | 10 |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/Yes | -/Yes |
Equipment |
-/Yes | -/Yes |
Inventory |
-/Yes | -/Yes |
Receivables |
-/- | -/Yes |
Payroll |
-/- | -/Yes |
Training & Support |
Training |
On-The-Job Training: 85 hours
Classroom Training: 54 hours
Additional Training: At existing location |
Classroom Training: 54.5 hours
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform | Newsletter
Meetings/Conventions
Grand Opening
Online Support
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 | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
|
Operations |
Number of Employees Required to Run: 12 - 15 | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
Yes | - |
International Expansion |
- | - |
Company Overviews
About Hand and Stone Spa
Hand and Stone Massage and Facial Spa was founded in 2004 by
physical therapist John Marco, who noticed that there was no national
massage brand in spite of the service's popularity. Franchising of the
concept began in 2006, offering massage, facial and waxing services,
along with a membership program.
Veteran Incentives 20% off franchise fee
#151 in Franchise 500 for 2020.
#94 in Franchise 500 for 2021.
About Elements
When simplicity is the essence of your business model, clients and owners benefit. Clients want a predictably wonderful experience with every visit. And you want a business that takes the guesswork out of daily operations, so you can focus on growth and creating a solid, profitable enterprise that will thrive for years to come. At Elements Massage® we’re working to achieve both with impressive results.
As an Elements Massage® franchisee, you’ll be part of a vibrant and fast-growing segment of the wellness arena, buoyed by training and systems that will support your growth and help you stand out in your market.
- Recurring Revenue
Applicable to just a handful of lucky businesses, recurring membership models foster a steady revenue stream. Unlike with gym or weight-loss memberships, there’s nothing stopping clients from sticking to the program.
- Exceptional Training & Systems
From the training you’ll receive at Franchise University to the systems that inform virtually every aspect of your business - marketing, finance, operations, client and talent acquisition - you’ll rely on proven methods designed to streamline efficiencies in all areas.
- Coveted Spot in the Wellness Community
As a natural partner to the expanding health and wellness industry, you’ll find a wealth of referral opportunities that will benefit your clients, your community, and your own bottom line. It’s the perfect time to secure your place in what some observers are calling “the next trillion dollar industry.”
The total investment necessary to begin operation of an Elements Massage
studio ranges from $251,950 to $491,350. This includes $74,024 to
$85,521 that you must pay to the franchisor or its affiliates.
The total investment necessary under the Area Development Agreement is
estimated to be $79,800 (for a 2-studio commitment) to $299,000 (for a
10-studio commitment). This entire amount must be paid to the
franchisor.
Veteran Incentives 20% off franchise or development fee
#456 in Franchise 500 for 2020.
#371 in Franchise 500 for 2021.