Massage Green Spa Franchise Opportunities
Massage Green Spa offers therapeutic massages, and some locations also offer facials and infrared sauna sessions. It is eco-friendly in terms of the buildings they construct as well as the products they use. The number of locations expanded rapidly from 6 in 2011 to 82 in 2016 and growing. Owning a Massage Green Spa franchise has an amazing opportunity for personal and professional growth. The franchisor offers and sells MGS single unit, multi-unit and area development franchises.
How much does Massage Green Spa franchise cost?
Massage Green Spa has the franchise fee of up to $45,000, with total initial investment range of $170,000 to $282,000.
Initial Investment: $170,000 - $282,000
Net-worth Requirement: $150,000
Liquid Cash Requirement: $75,000
Ongoing Fees
Initial Franchise Fee: $45,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 5%+
Initial Investment and Startup Costs
Name of Fee | Low | High |
---|---|---|
Initial Franchise Fee | $45,000 | $45,000 |
Leasehold Improvements | $80,000 | $150,000 |
Initial Lease Payment | $5,000 | $15,000 |
Furniture and Fixtures | $10,500 | $20,000 |
Equipment, including POS System Computer, Software and Set-Up | $3,500 | $6,000 |
Signage | $3,500 | $7,000 |
Travel and Living Expenses while Training | $2,000 | $5,000 |
Security and Utility Deposits | $500 | $1,000 |
Grand Opening Advertising | $6,000 | $6,000 |
Opening Inventory and Supplies | $1,000 | $3,500 |
Insurance Costs | $2,000 | $4,500 |
Miscellaneous Opening Costs | $1,000 | $4,000 |
Additional Funds - 3 months | $10,000 | $15,000 |
Estimated Total | $170,000 | $282,000 |
Support Options
On-The-Job Training: 5 days
Classroom Training: 14 days
Massage Green Spa Franchise Expansion Plans:
Franchisor is seeking new franchise units throughout the U.S.
Massage Green Spa Franchise Info: https://massagegreenspa.com/franchising/
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