Selling a Hand & Stone Massage and Facial Spa Franchise
- Mercedes Shaffer

- Dec 15, 2025
- 4 min read
Massage & Wellness Franchise Resale & M&A Advisory for Hand & Stone Owners
By Mercedes Shaffer, Managing Director | Highwater Partners
Selling a Hand & Stone Massage and Facial Spa franchise is a specialized transaction that requires deep wellness-industry expertise, disciplined valuation, and national buyer exposure. Hand & Stone operates within the premium massage and facial spa segment, combining recurring membership revenue with regulated service delivery and retail add-ons. Franchise resales are closely evaluated by buyers, lenders, landlords, and the franchisor—making experienced M&A representation essential to protect value and ensure a successful closing.
At Highwater Partners, we specialize in franchise resale and M&A advisory across wellness, health, beauty, and lifestyle sectors, representing Hand & Stone franchise owners nationwide. We advise owners on single-unit sales, multi-unit portfolio exits, and strategic divestitures, delivering a professional, highly structured process designed to maximize value and reduce execution risk.
True to our name, Highwater Partners serves clients at the highest level, combining disciplined execution with senior-level advisory and deep respect for the responsibility of representing an owner’s business.
Why Selling a Hand & Stone Franchise Requires Specialized M&A Expertise
Hand & Stone franchise resales involve category-specific and operational considerations, including:
Franchisor approval and formal transfer requirements
Buyer net worth, liquidity, and multi-unit wellness or spa operating experience
State and local licensing requirements for massage therapists and estheticians
Dual-service model (massage + facials) and service mix analysis
Membership revenue stability, retention, and lifetime value
Retail product sales and add-on service performance
Lease assignment, landlord consent, and spa-focused retail real estate
These factors directly affect valuation credibility, buyer qualification, financing, and transaction timelines. A general business broker may understand service businesses—but a massage and spa franchise M&A advisor understands Hand & Stone.
How Hand & Stone Franchises Are Valued
Hand & Stone franchise valuations are driven by recurring membership revenue, service mix optimization, and operational stability, not gross revenue alone.
Key valuation considerations include:
Seller’s Discretionary Earnings (SDE) or EBITDA
Active membership count and retention trends
Massage versus facial revenue mix
Therapist and esthetician utilization and labor cost structure
Retail product contribution to profitability
Lease terms, rent ratios, and remaining option periods
Owner involvement versus manager-led operations
Brand compliance and anticipated reinvestment
At Highwater Partners, we apply M&A-grade financial normalization and valuation methodologies, ensuring the business is positioned credibly for qualified buyers and lenders.
Who Is Buying Hand & Stone Franchises Today
Active buyers for Hand & Stone franchises include:
Existing Hand & Stone franchisees expanding regionally
Multi-unit massage, facial, and wellness operators
Private equity–backed wellness and beauty platforms
Strategic buyers building diversified health, beauty, and lifestyle portfolios
Importantly, Highwater Partners represents buyers across multiple franchise sectors, including restaurants, health and wellness, beauty, massage, fitness, and pet services. This cross-sector exposure allows us to identify well-capitalized buyers diversifying into premium wellness and spa concepts.
National Exposure, Executed at the Highest Level
Highwater Partners is a national business brokerage and M&A advisory firm representing franchise owners across restaurants, wellness, fitness, beauty, and pet services. Led by a team of elite business brokers and franchise M&A professionals, the firm provides maximum listing exposure, disciplined valuation, and transaction management at the highest level.
Highwater Partners delivers broad, national exposure through:
A proprietary database of 100,000+ qualified franchisees, wellness operators, and private equity investors
A nationwide network of 110+ professional business brokers across the United States
Cross-industry buyer outreach spanning restaurant, health, beauty, massage, fitness, and pet service sectors
Professionally prepared marketing materials built for serious acquirers
Our approach delivers maximum listing exposure while maintaining discretion and professionalism appropriate for spa and wellness transactions.
Why Hand & Stone Franchise Owners Choose Highwater Partners
Franchise owners choose Highwater Partners because we provide:
Top-tier professionals with deep franchise and wellness M&A experience
Brand-specific Hand & Stone resale expertise
Institutional-quality valuation and transaction preparation
Access to buyers across multiple franchise industries
A service standard rooted in operating at the highest level
Professional, discreet representation from start to close
We are trusted advisors to Hand & Stone franchise owners who value execution, integrity, and results.
Our Hand & Stone Franchise Resale Process
Confidential valuation and exit strategy planning
Professional CIM and wellness-focused deal preparation
National and cross-sector buyer exposure
Buyer qualification and franchisor coordination
Offer negotiation and transaction structuring
Transaction management through closing
Each step is designed to protect value, reduce execution risk, and respect the responsibility of representing your business.
When Is the Right Time to Sell a Hand & Stone Franchise?
The strongest outcomes typically occur when:
Membership revenue is stable or growing
Therapist and esthetician staffing is consistent
Financials are clean and defensible
Lease terms support buyer financing
Buyer demand in the wellness and beauty sector is active
Preparation and representation often matter as much as timing.
Speak with a Massage & Spa Franchise M&A Advisor
If you are considering selling your Hand & Stone franchise—now or in the future—begin with a confidential consultation.
Mercedes Shaffer
Managing Director | Highwater Partners
Call or text: 714.330.9999




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