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Entrepreneur Takes A Chance On Relaxation

By on November 23, 2010 in Ideas

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

franchising

Angela Shupe has added 5,783 posts to Business Opportunities Weblog.

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