Five Massage Franchises to Own in 2022
As people leave the sedentary quarantine lifestyle behind and become more active, many will look to massage therapy to relieve aching muscles unaccustomed to hard exercise, making massage franchises a top franchise investment in 2022.
According to Statista, the massage service industry in the United States grew from US$9.59 billion in 2011 to roughly $17 billion in 2020, with a growth forecast of 1.1 percent in 2021. This increase has been attributed to a rise in male consumers as men’s self-care rises in popularity; an overall rise in health and wellness; and growing demand for relaxation and stress reduction.
Another key indicator of massage growth on the horizon? The projections for massage equipment. A study by Technavio found that the global massage equipment market is projected to grow by US$3.27 billion, at a CAGR of nearly three percent through 2024. This in part is due to vendors offering to cover shipping costs to clear warehouse overstocking from the pandemic, a spike in Shiatsu massages and a rise in the number of massage parlors and physiotherapy clinics.
All of these factors indicate that massage franchises will become a growing market in the next few years. With that in mind, check out these five massage franchises to own in 2021:
Facial Mania Med Spa
Founded in 2017 and franchising in 2019, Facial Mania Med Spa now has 4 locations. With an average revenue of $1,526,382 per Med Spa, 29 percent average profit margin and 9 percent revenue growth in the last year, the franchise is well positioned for growth. Startup costs to open a Facial Mania Med Spa franchise start at $230,000. To learn more about a franchise opportunity with Facial Mania Med Spa, click here.
Hand & Stone Massage and Facial Spa
Founded in 2004 and franchising since 2006, Hand & Stone Massage and Facial Spa has grown to 473 units as of 2020, a 45.1 percent growth rate over the previous three years. Ranked #151 in 2020 of Entrepreneur’s Franchise 500 and climbing to #94 in 2021, people are taking notice of their winning business model. Startup costs to open a Hand & Stone Massage and Facial Spa franchise start at $125,000. To learn more about a franchise opportunity with Hand & Stone Massage and Facial Spa, click here.
Massage Envy Franchising LLC
Franchising since 2003, Massage Envy Franchising LLC has grown to become one of the largest U.S.-based massage franchises with 1,125 units in operation and more in development. The franchise’s dominant market presence has been ranked #7 in Forbes Best Franchises to Buy, #1 in Entrepreneur’s Therapeutic & Massage Services Category, #34 in the Fastest Growing Franchise category, #43 in the Franchise 500 category, and #80 in Franchise Times Top 200. Startup costs to open a Massage Envy Franchising LLC franchise start at $568,000. To learn more about a franchise opportunity with Massage Envy Franchising LLC, click here.
Massage Heights
Founded in 2004, Massage Heights operates out of 125 franchised locations. The company is currently seeking to expand internationally, looking for franchisees in countries such as Australia, New Zealand, Europe (Western), Canada, South America, Mexico. Startup costs to open a Massage Heights franchise start at $421,000. To learn more about a franchise opportunity with Massage Heights, click here.
My Salon Suite
Founded in 2010 and franchising since 2012, My Salon Suite now operates 100 franchised locations. My Salon Suite was recognized for this growth with the 279th spot on Entrepreneur Magazine’s 2020 Franchise 500 list, as well as being named a Top Growth Franchise by Entrepreneur Magazine and a Top Franchise by Franchise Business Review in 2021. Startup costs to open a My Salon Suite franchise start at $150,000. To learn more about a franchise opportunity with My Salon Suite, click here.
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