2018 Inc. 5000 Ranks Elements Massage® and WellBiz Brands Amongst Top Private Companies
Inc. Magazine Unveiled its 37th Annual List of America’s Fastest-Growing Private Companies – the Inc. 5000 – and Elements Massage® and WellBiz Brands, Inc. take the #4005 and #4546 spots respectively
DENVER (August 15, 2018) – Inc. magazine ranked Elements Massage® No. #4005 and WellBiz Brands, Inc. No. #4546 on its 37th annual Inc. 5000, the prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the economy’s most dynamic segment – its independent small and midsized businesses.
“It is an honor to be recognized for both WellBiz Brands and Elements Massage on this prestigious national list,” said Joe Luongo, Executive Chairman at WellBiz Brands, Inc. “The health and wellness field is thriving and WellBiz is positioned to lead the industry.”
WellBiz Brands, Inc. is a franchise portfolio company based in Colorado, managing services for three health and wellness brands: Elements Massage®, Fitness Together® and FIT36®. Elements Massage, one of the fastest-growing therapeutic massage franchises in the nation, has Net Promoter Scores (NPS) on par with other industry leaders like Nordstrom and the Ritz Carlton. Fitness Together, offers personalized training franchise opportunities, and is recognized as having the third highest market share in the $9.3 billion U.S. personal training consumer market. FIT36, offers time-efficient high intensity interval training workouts for today’s busy fitness enthusiasts.
Elements Massage continues to invest in the growth of the brand with the recent appointment of its first-ever Chief Wellness Officer, Eric Stephenson, to lead the industry. Elements Massage is the first national massage franchise brand to create this role, a position focused on implementing culture and education programs for studio’s massage therapists.
“I am extremely proud that Elements Massage has been recognized along with so many amazing companies. Our brand’s growth is a true testament to the fact we have a great consumer product, with attractive financial returns and a model that is easy to operate,” said Jeremy Morgan, CEO of Elements. “Since 2009, the system has averaged double-digit year-over-year same studio sales growth. With studios in 34 states we continue to look for quality franchise owners across the U.S. in markets such as Florida, Long Island, Seattle and the Greater DC area.
In addition to the Inc. 5000 ranking, Elements Massage was recently recognized as part of Entrepreneur’s 2018 Franchise 500 Ranking, a reflection of the brand’s growing popularity in the health and wellness space.
Complete results of the Inc. 5000 can be found at www.inc.com/inc5000. For more information on WellBiz Brands and Elements Massage, visit WellBizBrands.com.
About WellBiz Brands, Inc.
WellBiz Brands, Inc. has over 400 combined U.S. locations across the three brands. All three brands offer unique franchise opportunities for entrepreneurs from all walks of life and various investment levels, with a focus on recurring revenue models.
About Elements Massage®
Elements Massage® is one of the nation’s premier massage therapy brands, with over 240 independently-owned locations across the United States and Canada. Elements differentiates itself by providing consumers with a customized and therapeutic massage through its membership program, the Elements Wellness Program™. As a high growth franchise, Elements Therapeutic Massage, LLC offers franchise ownership opportunities in select territories.