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Press Release

Massage Envy Announces Signing of 1,000th Franchise Agreement

FISH CONSULTING
Posted on: 10 Apr 12
Major Milestone Marked During Company's 10th Anniversary Celebration

PR Newswire

SCOTTSDALE, Ariz., April 10, 2012

SCOTTSDALE, Ariz., April 10, 2012 /PRNewswire/ -- Massage Envy, the pioneer and national leader of professional, convenient and affordable massage and spa services, announced today the signing of its 1,000th franchise agreement.  Regional Developers Nate McFarland and Lari Jarvis of Hawaii were awarded the agreement for their second clinic, which will join their Oahu location opening this summer. 

(Logo: http://photos.prnewswire.com/prnh/20110411/NY80625LOGO)

"We're thrilled to be the ones to sign the 1,000th agreement with Massage Envy and look forward to bringing massage and spa services to Hawaii as early as this summer," said Nate McFarland.  "Massage Envy is an incredible brand and we're not surprised that the company is growing at a rapid pace." 

This incredible milestone is just one of many achievements for the company currently celebrating its 10-year anniversary.  Massage Envy entered the new year with momentum after seeing a 13 percent increase in the opening of new clinics in 2011.  The first quarter of 2012 has been a continuation of development success, with March setting a new record of 44 franchise agreements signed.  Today, there are more than 760 Massage Envy and Massage Envy Spa locations operating in 44 states, making it the largest system of franchised massage clinics in the industry. 

"Massage Envy is a special brand evidenced by this rare milestone in franchising," said Massage Envy President and CEO Dave Crisalli.  "There are thousands of franchise brands across the country, but only a small percentage ever reach the 1,000-unit mark. I could not be more proud of our franchise partners and all our team members who spend each day enriching the lives of others." 

Innovation has been at the heart of Massage Envy since its inception in 2002, and the company continues to deliver on its mission to provide a pathway to wellness, well-being and worth through massage and skin care services. Massage Envy is the world's largest employer of licensed/registered massage therapists with more than 18,000 therapists providing over 250,000 massages every week to a total of more than 1.1 million members. 

In 2007, the company launched the Massage Envy Spa to offer affordable, healthy skincare beyond traditional massage therapy. Massage Envy established an exclusive partnership with global skincare leader Murad®. With Murad, Massage Envy Spa customers benefit from facials and skincare products designed by one of the world's foremost leaders in skin health. 

Over the next several years, Massage Envy is seeking to expand across the country with Massage Envy Spa leading the way in these development goals.  To fuel this growth, the company is looking for specific franchisee candidates who have the ability and the desire to learn and follow a system that ensures value and customer satisfaction. Qualified franchisee candidates should have business sales or management experience, but do not necessarily need to have a massage therapy or spa operations background.  They also should possess a minimum net worth of $500,000 and liquid assets of at least $150,000. Massage Envy and Massage Envy Spa franchisees can expect their initial investment to range from approximately $343,000 to $568,000, including the franchisee fee.

Entrepreneurs interested in exploring franchising opportunities with Massage Envy Spa may contact Lori Merrall at (480) 366-4171 and lmerrall@massageenvy.com, or visit Massage Envy's franchising website at http://www.massageenvyfranchise.com/.

About Massage Envy

Massage Envy, based in Scottsdale, Arizona, is the leading provider of therapeutic massage in the United States. The national franchise is dedicated to providing professional and affordable therapeutic massage and spa services to consumers with busy lifestyles at convenient times and locations. Founded in 2002, Massage Envy has 760 locations in 44 states.  In addition, the average unit volume for a Massage Envy is over $1 million. The company was recently ranked #57 in Entrepreneur's 2012 Franchise 500 and #29 in its Fastest Growing Franchise rankings.  Massage Envy is a member of the International Franchise Association (IFA) and was recently named a 2012 Military Friendly Franchise. For more information, visit MassageEnvy.com.

CONTACT:

Kim Ryan

Fish Consulting

770-205-7423

kryan@fish-consulting.com

SOURCE Massage Envy

PR Newswire
http://www.prnewswire.com/

Last updated on: 10/04/2012

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