It is a relaxing day at the office for Maggie Brown. Of course, it probably helps that she owns the franchise rights to a Hand & Stone spa location reports The Arizona Republic.
Three years ago, she left a fast-paced career selling high-tech electronic components and entered the business of stress relief, relaxation and feeling good.
She and her husband, Skip Papanikolas, … cashed in their retirement plans, mortgaged their house and bought regional franchise rights for Hand & Stone Massage & Facial Spa.
Loosely patterned after competitor Massage Envy, Hand & Stone is a membership-based day spa that offers discounted massages and facials to members who pay a monthly fee.
Brown, 55, said the membership concept, similar to that used by health clubs, provides a stable cash flow and allows the business to plan for a scheduled level of service. The monthly fee includes one massage or facial.
“It was a business model that really impressed me,” Brown said.
Screenshot from Hand & Stone Spa