FDD Year-over-Year Comparison
Massage Envy FDD: What Changed from 2025 to 2026
The 2026 Massage Envy FDD moves the Item 7 estimated initial investment range from $719,350–$1,081,000 to $695,870–$1,046,506, and the system contracts from 1,009 to 993 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $719,350 | $695,870 | −$23,480 (−3.3%) |
| High end of range | $1,081,000 | $1,046,506 | −$34,494 (−3.2%) |
| Full range | $719,350–$1,081,000 | $695,870–$1,046,506 | |
The 2026 filing puts the Item 7 estimated initial investment at $695,870–$1,046,506, versus $719,350–$1,081,000 in the 2025 filing. The low end moves by −$23,480 (−3.3%) and the high end moves by −$34,494 (−3.2%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 1,009 | 993 | −16 (−1.6%) |
Massage Envy reports 993 outlets in the 2026 FDD, versus 1,009 in the 2025 filing (−16 (−1.6%)).
Item 19 — Financial Performance Representations
Massage Envy included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Massage Envy franchise change in the 2026 FDD?
The 2026 FDD for Massage Envy states an Item 7 estimated initial investment of $695,870–$1,046,506, against $719,350–$1,081,000 in the 2025 filing. The low end moves from $719,350 to $695,870 (−$23,480 (−3.3%)) and the high end moves from $1,081,000 to $1,046,506 (−$34,494 (−3.2%)).
How many locations does Massage Envy have?
The 2026 FDD for Massage Envy reports 993 outlets in Item 20, against 1,009 in the 2025 filing — 16 fewer.
Does Massage Envy disclose financial performance in its FDD?
Massage Envy included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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