Owning A Health & Wellness Retail Business Is A Wise Choice
Relax The Back wellness franchise is meeting the surging demand for health & wellness products.
If we learned anything in the past year, it’s that our health and wellness are of the utmost importance. It has an impact on our physical well-being, our state of mind and even our body’s ability to fight off illness.
The global pandemic highlighted the importance of living and maintaining a healthy lifestyle, and confirmed that Americans put their money where their values are.
According to industry studies, the wellness industry generates more than $4.5 trillion in annual revenue, and that’s only expected to go up, with many estimates showing an 8% to 10% growth rate year-over-year.
From just 2015 to 2017, the industry grew from a $3.7 trillion to $4.2 trillion market, a 6.2% increase – that’s nearly twice as fast as global economic growth, according to a Global Wellness Institute study.
Although Relax The Back has been the to-go standard as a premier health and wellness retail business for decades, American’s renewed interest in self-health care has made the company more relevant than ever before.
With 40 years in business, Relax The Back has 81 stores across the U.S., offering specialty health and wellness products to a customer base that’s growing and eager to find new ways to take care of themselves.
And because of our business model, customers trust in the services we provide and keep coming back for high-end, specialty items not found anywhere else, and that have a proven track record of making people’s lives better.
A Tempur-Pedic sleep system, for instance, can range from $2,000 to $9,000, and a state-of-the-art massage chair can sell as high as $12,000. At Relax The Back, it’s not about pushing products. It’s about finding the right specialty healthcare item that fits the needs of our customers.
“Our customers come to us because they’re desperate for a solution that works,” said Glen Word, owner of a Relax The Back franchise in Nashville, TN. “They’re willing to spend money because the value of living a pain-free life is priceless.”
Our business model is designed to maximize profitability
With an increased emphasis on online shopping, especially in the last year, we’re meeting customers where they are by offering a comprehensive online store that also benefits our franchise owners. When a customer purchases a Relax The Back product online, the local franchise owner in that territory is tasked with helping with the sale and receiving some of the profits.
Relax The Back is actively seeking energetic entrepreneurs who want to propel the franchise into a future where health and wellness will remain a top priority. Even as an affordable investment opportunity, our franchise owners have the promise of big returns.
According to our most recent records, Relax The Back stores generated an average gross sale of nearly $1 million, with the highest performing store recording an estimated $3.8 million in sales in 2020.
And, it should be noted, more than 50% of our franchise owners have multiple stores.
What’s more, those new to owning their own business have at their disposal Relax The Back’s comprehensive training and support system, which can help on matters like selecting a site location, running a business, building a customer base and how to market.
The time is right to enter one of the most booming, center-stage industries in health and wellness, and those looking to strike at the right time will find Relax The Back a wise choice.
Ready to Open a Relax The Back Wellness Franchise?
If you’re ready to learn more about the Relax The Back wellness franchise opportunity, fill out an inquiry form on this site, and a member of our team will reach out to you shortly