Squeeze
Massages- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$494K - $663K
- Units as of 2023
-
3 200.0% over 3 years
Company Overview
About Squeeze
Industry | Personal-Care Businesses |
---|---|
Related Categories | Massage & Spa Services, Health & Wellness |
Founded | 2019 |
Parent Company | Squeeze Holdings LLC |
Leadership | Brittany Driscoll, Cofounder & CEO |
Corporate Address |
12338 Ventura Blvd. Studio City, CA 91604 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2019 (4 years) |
---|---|
# of employees at HQ | 8 |
Where seeking |
This company is offering new franchisees throughout the US. |
# of Units | 3 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Squeeze franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$60,000 |
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Initial Investment
|
$493,623 - $662,728 |
Net Worth Requirement
|
$800,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Squeeze has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 42.5 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 30-35 |
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Squeeze? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Squeeze landed on this year's Franchise 500 Ranking versus previous years.
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