What to Look for in a Multi-Unit Franchise Opportunity
The massage therapy industry is growing, and MassageLuXe is expanding with it. More consumers recognize massage therapy as an important aspect of their health and well-being; it isn’t just a luxury.
Now is a great time to invest in this successful and growing industry, and you may consider opening multiple locations. Why stop with one?
MassageLuXe Multi-Unit Franchise
Qualified, experienced individuals can sign a Multi-Unit Development (MUD) agreement with MassageLuXe. This grants owners exclusive franchise development rights to a specific number of franchise units within a defined territory. The minimum MUD agreement is for three units.
MassageLuXe offers a protected territory for each location, and that is typically a three-mile radius around the spa. The protected territory is based on population density, demographics, and traffic flows. With a MUD agreement, you may have a larger territory that consists of the individual locations you own. Each MUD territory is based on various market and economic conditions, such as population and household earnings.
Benefits of a Multi-Unit Franchise
There are many benefits to opening several franchises in a specified area. When you commit to a MUD agreement with MassageLuXe, you will receive a reduction on the initial franchise fee for the second and third locations. This discount helps you expedite the development of the market.
Additionally, opening multiple units in a short amount of time helps raise brand awareness in your community. This will encourage clients to visit their closest MassageLuXe, and our customer service will ensure they return with friends.
Training and Support
Opening a multi-unit franchise may seem daunting, but MassageLuXe representatives are with you every step of the way.
MassageLuXe franchise representatives help new owners get their locations up and running. They help with financing, construction, demographics research, site development, and marketing.
New owners receive a minimum of 10 days of training prior to opening a location. MassageLuXe also offers in-store training to help with setup and day-to-day operations. Training and support do not stop once a location is open. Franchise representatives are always available to offer ongoing support and guidance.
The Ideal Candidate
MassageLuXe welcomes passionate entrepreneurs who are interested in starting or expanding their businesses. Multi-unit franchise developers must demonstrate:
- Prior successful business experience (preferably in sales, operations, or multi-unit ownership)
- Minimum liquidity of $250,000
- A net worth of at least $700,000
While prior business experience is encouraged for new franchise owners to open a MassageLuXe location, you do not need to have experience in the spa industry. After you successfully establish one MassageLuXe location, MassageLuXe makes it easy for you to invest in additional locations.
Develop a Multi-Unit Franchise
Does this sound like the right opportunity for you?
To learn more about spa franchise opportunities with MassageLuXe, scroll down to fill out the contact form below.