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Massage Envy signs milestone agreement
Massage Envy, the Arizona, US-based provider of massage and spa services, has announced that it has completed the signing of its 1,000th franchise agreement.
It comes as the company celebrates its 10-year anniversary, having launched in 2002 to offer offering a "pathway" to wellness through massage and skin care services.
The latest agreement to be signed is with Hawaii developers Nate McFarland and Lari Jarvis, which will see their second clinic join the Oahu location opening this summer.
Last year, Massage Envy reported a 13 per cent increase in the opening of new locations, while March 2012 has seen a record 44 franchise agreements signed.
There are currently more than 760 Massage Envy and Massage Envy Spa venues operating across 44 US states, with more than 18,000 therapists.
Massage Envy president and CEO Dave Crisalli said: "There are thousands of franchise brands across the country, but only a small percentage ever reach the 1,000-unit mark."
Earlier this year, Massage Envy said it was pursuing a "steady and strategic" expansion strategy, with new planned in Alaska and Maryland among others.
Details: www.massageenvy.com
Image: Yuri Arcurs/shutterstock.com
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