Cost and Revenue of Massage Businesses
How much does it cost to start a massage business? To start a massage business costs between $2,000 and $150,000. Key expenses are equipment, rent, licenses, and insurance.
A massage spa earns $1,112,000 in gross revenue per year on average. This number is the average gross revenue per spa. With an average cost of $75-100 per visit, that’s 11,000 – 14,800 visits per year.
Profitability of Massage Franchises
Are massage franchises profitable? In short, absolutely. The membership model pioneered by MassageLuXe creates recurring and consistent revenue for owners.
Why Would Owning a MassageLuXe Franchise Be a Profitable Investment? Owning a MassageLuXe franchise puts you right in the middle of a growing industry. As the self-care movement continues to grow, so will massage. Now is the time to join!
The success of a Massage Green Spa franchisee in generating revenue is largely attributed to the franchise’s strong brand reputation and its commitment to providing exceptional massage therapy services.
If an owner has 15 full-time massage therapists, yearly profit margin is about $20,000 – less than each massage therapist’s salary.
Franchise Opportunities and Investment
To buy a Hand and Stone Massage franchise, you’ll need $50,000 – $100,000 liquid capital and $500,000 minimum net worth. Franchisees invest $300,000 – $400,000 total. Industry experts estimate a spa owner’s average salary is $80,000+ per year.
Is a Massage Business Profitable?
Is a massage business profitable? The potential for profit in a massage business depends on several factors such as location, services offered, marketing strategies, pricing, and overhead costs. According to the U.S. Bureau of Labor Statistics, a massage therapist can earn an average wage of $23.52 per hour.