
Cash Investment (Liquid): $150,000
Minimum Investment: $567,626
Maximum Investment: $674,476
Minimum Net Worth: $650,000
Franchise Fee: $42,500
Royalty Type: Flat Percentage Fee
Royalty Fee Structure:
5% First year
6% Royalty year two on
Ad Fee Structure:
1% National Ad Fee 4% Local Ad Fee
Business Type
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Retail
B2B/B2C
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B2C
Discounts
-
Vet Fran
Average # of Employees:
15
Participation Type:
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Executive Model
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Semi-Absentee
Background
Year Established:
2004
Hand & Stone
Join Hand & Stone, the perfect opportunity in the growing health and wellness industry.
About
Hand and Stone Massage Spa is a franchise opportunity which begins with the basic concept of providing affordably priced, conveniently located, top quality therapeutic massage services. Hand and Stone is focused on creating and maintaining customer satisfaction. We strive to make customers feel welcomed, pampered and appreciated. This, along with our membership based program, keeps them coming back again and again generating multiple recurring streams for the business owner.
WHY CHOOSE US?
Offering a unique approach to the proven industry offering the widest range of services and best consumer experience offered by a membership-based massage franchise. This is a largely fragmented industry with only one other national player. We are at a significantly lower price point from a day spa. We are changing the delivery system from an all-day experience at a high-end spa to “affordable & convenient” while still in an upscale environment. We provide the spa experience which an independent who goes to someone’s home can’t offer so there’s no direct competition there either. We are easier to schedule than both of these as well. Our largest national competitor offers a far too sterile experience going so far as intentionally branding themselves as a clinic. They offer only one massage option. We offer a relaxing spa-like setting and a menu of services allowing more choice for the consumer and the opportunity to up-sell for the owner. Our performance-based compensation program, flexible scheduling and variety of services allows us to effectively recruit employees even in markets where our competition is established.
This is a retail opportunity without the headaches of retail. The business generates recurring revenue with our membership based model, there are multiple revenue streams, there are multiple opportunities to up-sell to increase average ticket, and there is very little inventory.
Significant revenue is generated from members’ automatic Electronic Funds Transfer (EFTs). We are an easy use tenant (no noise, no food, etc) and we attract the desired clientele for the center so property developers love us! There is no food, no spoilage, no employee theft/slippage, little inventory, little cash.
Multiple Revenue Streams: Only franchise in industry offering membership based Massage AND Facials nationwide, recurring membership fees (like a gym but not a gym); non-member massages (with higher pricing); walk in business; gift card sales; retail sales..
Outbound retail. Security of 4 walls but not limited by 4 walls. The business benefits from but is not limited by real estate. An owner can improve & grow the business with community networking to supplement the traffic drawn into the store from marketing efforts and the location.
Training & Support
Hand & Stone supports our franchisees in the following areas:
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Real Estate
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Finance
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Training (pre-opening and ongoing)
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Field Operations (Reviews on a Quarterly basis)
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Products
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Staff (Massage Therapists, aestheticians, front desk personnel)
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Marketing/Advertising (Hand & Stone owns an in-house (full service) Ad Agency, which exclusively works with H&S Franchisees
In addition, we work with 3rd party strategic partners to help each franchisee solidify their financing needs. To add further support, we have partnered with a couple of entities that will assist franchisees in reviewing franchise documents and business plans. The mentioned entities provide discounts to our franchisees to do this work.
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