Massage Envy Cracks Top 15 on Franchise Gator’s Annual Top 100 List
Franchise Gator recognizes international wellness franchise for financial stability, growth and sustainability.
March 21, 2017 // Franchising.com // SCOTTSDALE, Ariz. – Massage Envy, the leading membership-based wellness concept in its industry, has been ranked No. 13 overall on Franchise Gator’s Annual Top 100 list.
The online franchise directory developed the rankings as a way for prospective franchisees to identify opportunities with companies that exemplify strong numbers across a plethora of categories in the overall franchise segment. The rankings are based on a formula created from various pieces of the franchise puzzle, including financial stability, growth, transparency, engagement, continuity and sustainability. Statistics were taken directly from the FDD submitted for consideration by each franchise.
Franchise Gator chose Massage Envy, which focuses on helping men and women of all ages become the best versions of themselves, as one of its top franchises due to the convenience and affordability of its Total Body Care services and unprecedented national – and now worldwide – growth. Massage Envy currently has 1,167 franchises open in the United States and Australia and it pioneered its membership-based customer model since its inception in 2002. The company has locations in 49 out of 50 states and is continuing to grow at a rapid rate due to the constant demand for wellness services.
“We are thrilled and honored to be recognized by Franchise Gator as one of the top franchise companies,” said Lee Knowlton, Massage Envy Senior Vice President for Global Sales & International. “We have a phenomenal team working tirelessly to improve our system and remain dedicated to both our franchisees and members. We envision continued success and growth moving forward.”
Founded in 2002, Massage Envy has embraced the franchise model since its beginnings and its membership-based business has greatly assisted in the brand’s astronomical success rate, with 99.1 percent of its original stores still open since its inception.
The company recently announced a complete “refreshed” brand look at its stores, with a new logo, color schemes and location makeovers, which include new waiting rooms, treatment rooms, retail areas and furniture. In addition, it revealed that it will be rolling out new services at its stores, which will feature more customized massages and facials, Total Body Stretch, microdermabrasion and chemical peels.
President and CEO Joe Magnacca, who joined the company last year, prioritized innovation, including the creation of an Innovation Department that is focused solely on new way ways to move the company forward and add value to its members and guests.
For more information about the Massage Envy franchise opportunity, visit MassageEnvy.com/Own-A-Franchise.
About Massage Envy
Ranked No. 1 in the Therapeutic and Massage Services Category and No. 17 overall on the 2017 Entrepreneur Magazine Franchise 500®, No. 7 on the Forbes 2016 Best Franchises to Buy and No. 13 on Franchise Gator’s Top 100 Franchises of 2017 lists, Massage Envy has embraced franchising since its inception and is embarking on a mission to make every individual the best version of themselves, no matter the age. With its membership model, Massage Envy believes total body care is an integral part of everyone's well-being journey. The Massage Envy franchise system is, collectively, the largest employer of massage therapists and estheticians, with more than 25,000 dedicated professionals that provide best-in-class service to over 1.65 million members. Founded in 2002, Massage Envy has more than 1,165 franchise locations in 49 states that have together delivered more than 100 million massages and facials. For more information on Massage Envy, visit MassageEnvy.com. For information about the Massage Envy franchise opportunity, visit MassageEnvy.com/Own-A-Franchise.
SOURCE Massage Envy