Loan failure rate: 3.9%
Number of loans: 181
Number of failed loans: 7
The idea behind Massage Envy is affordable massages, fast.
Massage Envy locations welcome walk-ins, and most are open until 10 p.m. on weeknights to accommodate busy schedules. They offer a range of massage services, including reflexology, and some offer facials.
Most locations offer low prices or deals, such as a one-hour introductory special for $49. There are 686 Massage Envy locations in 43 states. The startup investment is between $343,025 and $567,985.
Potential franchisees should have a minimum net worth of $500,000, and $150,000 in liquid assets. Of the 181 loans backed by the SBA, seven loans failed between 2005 and 2010.
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