Elements Massage Franchise FDD, Profits, Costs & Fees (2024)
Elements Massage, a renowned franchise in the therapeutic massage industry, was founded with a focus on enhancing people’s lives through the healing power of massage.
Established in 2000 and franchising since 2006, Elements Massage has grown significantly across the United States. The franchise’s headquarters are located in Denver, Colorado.
Elements Massage is part of the WellBiz Brands portfolio, which highlights its strong backing and extensive support network within the wellness industry.
Elements Massage differentiates itself by offering a variety of massage services tailored to meet individual needs, including deep tissue, Swedish, prenatal, and sports massages among others.
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Initial Investment
How much does it cost to start a Elements Massage franchise? It costs on average between $471,000 – $694,000 to start a Elements Massage franchised studio.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $40,000 |
| Real Property, Utility, Security, and Other Deposits | $3,900 – $9,400 |
| Leasehold Improvements (net of landlord tenant allowances) | $231,800 – $350,000 |
| Cabinetry, Millwork, Furniture, and Décor | $38,700 – $61,000 |
| Initial Opening Package | $18,000 – $24,000 |
| Initial Software Set-Up and Technology Fees | $1,974 |
| Computer System & Other A/V Technology | $26,000 – $31,000 |
| Training Program and Other Training Expenses (plus travel, meal, lodging and other expenses) | $2,850 – $4,250 |
| Architect, Engineer, Drawings | $12,000 – $15,000 |
| Grand Opening Spend Requirement | $20,000 |
| Signage and Graphics | $7,100 – $12,600 |
| Office and Business Supplies | $3,630 – $5,500 |
| Business Licenses and Permits | $1,100 – $12,570 |
| Insurance (Initial 20% Payment) | $2,100 – $2,300 |
| Professional Fees | $1,980 – $13,530 |
| Additional Funds (Three Months) | $59,550 – $91,150 |
| Total Estimated Initial Investment | $471,000 – $694,000 |
Average Revenue (AUV)
How much revenue can you make with a Elements Massage franchise? A Elements Massage franchised facility makes on average $832,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $871,000 yearly revenue for similar massage & spa franchises. Below are 10 Elements Massage competitors as a comparison:
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Elements Massage Franchise Disclosure Document
Frequently Asked Questions
How many Elements Massage locations are there?
As of the latest available data, Elements Massage operates a total of 244 locations. This includes 243 franchised studios and 1 company-owned studio.
What is the total investment required to open a Elements Massage franchise?
The total investment required to open a Elements Massage franchise ranges from $491,000 to $694,000.
What are the ongoing fees for a Elements Massage franchise?
Elements Massage franchisees pay a 6% royalty fee and a 2% marketing fee, both based on gross revenues, supporting brand operations and marketing efforts.
What are the financial requirements to become a Elements Massage franchisee?
To become an Elements Massage franchisee, you need a minimum net worth of $350,000 and at least $100,000 in liquid capital. These requirements ensure that franchisees have the financial stability to support initial investments, operational costs, and ongoing fees associated with owning and running an Elements Massage studio.
How much can a Elements Massage franchise owner expect to earn?
The average gross sales for a Elements Massage franchise are approximately $0.83 million per location. Assuming a 15% operating profit margin, $0.83 million yearly revenue can result in $124,500 EBITDA annually.
Who owns Elements Massage?
Elements Massage is owned by WellBiz Brands, a company that also owns other personal care franchises, including Amazing Lash Studio, Radiant Waxing, and Fitness Together. WellBiz Brands is backed by private equity firms KSL Capital and Golub Capital, which support its growth and expansion across wellness and beauty service sectors.
Disclaimer
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