The NOW Massage
Wellness & Personal Care · Massage & Spa Services
- Active units
- 60
- Avg unit volume
- $1.3M
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About The NOW Massage
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$60k
- Brand fund
2.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
1,950 – 3,400 sq ft
- Development Agreement (2 units)
$110k
- Development Agreement (3-5 units)
$50k
- Development Agreement (6+ units)
$45k
- Development Agreement (existing franchisees signed before 10/14/2022) - 2 additional
$100k
- Development Agreement (existing franchisees signed before 10/14/2022) - 3-5 additional
$45k
- Development Agreement (existing franchisees signed before 10/14/2022) - 6-9 additional
$40k
- Development Agreement (existing franchisees signed before 10/14/2022) - 10+ additional
$35k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations60
Franchised units open at year-end
- New openings16
Gross new units opened during the calendar year
- 1-year unit growth rate36.4%
Net unit growth versus prior year
- 3-year unit CAGR61.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio16.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.3M
Added Gross Sales totals across all 41 franchised boutiques for both halves (24,406,391 + 27,127,772 = 51,534,163) and divided by 41 to estimate average annual…
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin5.2%
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$645k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio2.0×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns4.7%
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.