Hand & Stone Franchise Awards and Recognition
Hand & Stone Massage and Facial Spa is honored to be recognized by several franchise industry institutions and publications as one of the best franchise opportunities to invest in. We credit the high rankings to a strong health and wellness industry growth track, a time-tested recurring revenue business model, and our ongoing support for franchisees.
Franchise Times Fast & Serious List
Hand & Stone Massage and Facial Spa came in at number eight on the 2017 Franchise Times Fast and Serious list of the 40 smartest-growing brands. Fast & Serious rankings recognize franchise businesses that grow quickly and endure the test of time. Rankings are pulled from Franchise Times’ annual Top 200+ research on the biggest franchised brands based on revenue. The franchise listings are specifically determined by sales, unit growth, and acceleration rate.
Entrepreneur Magazine Franchise 500 List, 2017
Hand & Stone is a top franchise opportunity listed at number 66 in the 2017 Entrepreneur Magazine Franchise 500 list, up from #187 in 2016. Entrepreneur’s 38th annual Franchise 500 ranking took into account factors like costs and fees, size and growth, support, brand strength, and financial strength and stability.
The franchise roundup specifically analyzed franchise and royalty fees, total investment, operating units, growth rate, closures, training times, marketing and operational support, franchisor infrastructure, financing availability, litigation, social media presence, system size, years in business and franchising, and franchisors’ audited financial statements.
International Franchise Association VetFran Committee 2017
Hand & Stone was awarded the five-star designation for 2017 from the International Franchise Association (IFA) VetFran Committee. VetFran is a franchise resource organization that offers franchise opportunities to veterans and their spouses.
The IFA Educational Foundation VetFran Committee adopted the star designation program to create a ranking system for veterans to use when considering buying a franchise. Star designations are based on the current franchise disclosure document (FDD), clean audit report, minimum veteran discount, units open, years in business and franchising, item 19 financial performance representations (FPRs), three year continuity rate, and having a certified fraud examiner (CFE) on staff.
2016 Bond’s Top 100 Franchises
Top 100 List
Hand & Stone earned a ranking in Bond's Top 100 Franchises Program, a publication by World Franchising Network. The program features the top food-service, retail, and service-based industry franchises with 50 or more operating units.
More than 3,000 companies are judged for a spot in the Top 100 based on indicators like historical performance, brand identification, market dynamics, franchisee satisfaction, level of training, ongoing support, and financial stability.
Entrepreneur Magazine Franchise 500 List, 2016
Hand & Stone Massage and Facial Spa was ranked number 48 on the 2016 Entrepreneur Magazine 500 Fastest Growing Franchise list. To be a part of the annual listing, Hand & Stone was evaluated based on the number of new franchise units it added from July 2015 to July 2016 in the United States and Canada.