The FRANCHISE that Ruined the LIVES of Franchisees
Massage Envy is a franchise that offers massage and other spa services to customers across the US. It was founded in 2002 and started franchising in 2003. Massage Envy has been the subject of criticism from many franchisees. Many have accused Massage Envy of lying to them about their business potential and earnings, resulting in significant financial losses for these investors.
In this interview with Ms & Mr Grunfeld, we will talk about their story as franchisees of this franchise. What did they promise them? What are the consequences of Massage Envy’s actions? And much more. So, if you are a franchisor or prospective franchisee, this video is for you.
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00:08 About Ms. And Mr. Grunfeld
01:23 Q&A – What Was The Process With Massage Envy? Were You Working With A Franchise Broker?
10:33 About The Consequences Of Massage Envy’s Decisions
17:32 Q&A – What Is The Responsibility Of The Regional Director?
22:09 Q&A – What Were They Proposing In Terms Of Monthly Rent?
33:27 About Massage Envy Core Values
42:52 Q&A – Were You Contractually Obligated To Open Up A Second Location?
45:40 Concluding Thoughts
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To help you get started, BELAY is offering a free copy of its latest book, Delegate to Elevate. Click the link in the show notes to learn more: