ST. LOUIS (PRWEB) October 09, 2020
MassageLuXe, a leading massage franchise, is proud to announce its inclusion in one of the franchise industry’s most prestigious lists. The Franchise Times Top 200+® is an annual ranking of the 500 largest United States franchise brands.
The company was ranked number 398 in the latest list, which is a jump from last year’s ranking of 419. The Franchise Times Top 200+ analyzes industry sectors based on percentage change in sales and unit growth. MassageLuXe saw a 17 percent increase in sales and a 10 percent increase in franchised units.
“Our brand is thrilled to be nationally recognized by the Franchise Times Top 200+ for our growth,” says MassageLuXe CEO Mark Otter. “We are excited to continue our growth and have a goal of reaching 250 units over the next five years. We’ve got the right team in place and are ready to go.”
The overall rankings indicate the health and medical industry is the fastest-growing franchise sector. The Franchise Times Top 200+ is the result of a five-month research process that evaluates a combination of companies’ voluntary reports and publicly available data. The rankings and full report are available at http://www.franchisetimes.com/Top200.
Founded in 2008 in St. Louis, Missouri, MassageLuXe is a fast-growing franchise-based spa company with a mission to provide an unparalleled experience that supports and encourages health, wellbeing and quality of life. MassageLuXe delivers the highest quality massage, facial, and waxing services in a comfortable, relaxing and luxurious environment.
Massage is a service that improves health, promotes relaxation and overall well-being for the consumer, and has been practiced throughout the world for thousands of years. MassageLuXe currently has 69 locations across 16 states and is planning to expand to 250 locations in the next five years.
ABOUT THE FRANCHISE TIMES TOP 200+
The Franchise Times Top 200+® is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 200+ also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest-growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at http://www.franchisetimes.com/2020-Top-200/.