MassageLuXe Named to Inc. 5000 List
MassageLuXe Ranks on the 2020 Inc. 5000 of the fastest-growing private companies in America
Inc. magazine today revealed that MassageLuXe, a leading massage franchise, is No. 4849 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment - its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Being recognized by Inc. as one of the fastest-growing private companies in America is a real honor,” says MassageLuXe CEO Mark Otter. “Everyone on our team works hard, and it is great to see that hard work pay off. We are excited to be on this journey and can’t wait to watch MassageLuXe continue to grow in the coming years.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their segments, but the list as a whole shows staggering growth even compared to prior years. The 2020 Inc. 5000 achieved an astounding median growth rate of 165 percent, compared to 158 percent from the previous year. The Inc. 5000’s aggregate revenue was $209.7 billion in 2019, accounting for 582,670 jobs added over the past year.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“For decades, Inc. has welcomed the fastest-growing private companies in America, and this year’s set of winners places the bar very high indeed,” said Scott Omelianuk, Editor in Chief of Inc. Media. “Companies that made the list, on average, have grown six-fold since 2016. During a stretch when the economy grew just 15 percent, that’s a result most businesses could only dream of.”
MassageLuXe is a fast-growing massage and spa franchise that provides luxurious treatments to clients across the country. The demand for massage services is growing rapidly as more people seek out the health benefits of this time-honored practice. MassageLuXe offers services to help clients relax, remove pain and restore health. Learn how you can start your massage franchise and join the expanding spa industry.
While circumstances prevent an in-person Inc. 5000 Conference & Gala, a special week-long streaming event honoring the list recipients will begin on October 19. From special recognition to seminars with the world’s most successful entrepreneurs to education sessions and entertainment, it will be a worthy ceremony.
Founded in 2008 in St. Louis, Missouri, MassageLuXe is a fast-growing franchise-based spa company with a mission of delivering the highest quality massage while providing a comfortable, relaxing, and luxurious environment to clients. To further this mission, MassageLuXe also grants clients access to Repechage facials and waxing services.
Massage is a service that improves health, promotes relaxation and overall well-being for the consumer, and has been practiced throughout the world for thousands of years. MassageLuXe currently has 68 locations across 16 states and is planning to expand to 250 locations in the next five years.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for-profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc.took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.