As Americans continue
to invest in healthy lifestyles, Hand & Stone continues to enjoy immense success as the brand opened 31 new locations and
signed 56 new deals in 2012. Additionally, spa level sales for the system
reached $55 million, an 83% growth in system wide revenue over 2011, capping
off a year of remarkable growth despite a tough economy. At the end of 2012, the system featured 97
locations across the United States and Canada and employed approximately 2,500
team members system wide.
Todd Leff, President and CEO, says the
company’s emphasis on quality customer service combined with a full menu of healthy
lifestyle options for massage and facials and an affordable month to month
price have positioned the brand for continued growth in an era where many
businesses are closing. As a result of this growing demand, Hand & Stone has
plans to open a total of 49 new locations in 2013. They expect at least 44 new
locations in the U.S. and five to seven locations in Canada as the company
continually eyes new opportunities in international markets.
Leff himself is a believer, having invested in the
company after a brief attempt to retire. The successful 52-year-old franchise
veteran became President of Hand & Stone in July of 2009 and immediately
embarked upon an ambitious nationwide expansion. Since taking over, the company
has quadrupled its size and been able to expand into new territories such as Maryland,
Missouri, Virginia, Texas, Illinois, South Carolina, and California. “People tend to look at our services as an investment in
themselves, something that is almost a necessity because it helps them achieve
a peace of mind even if it’s just for an hour or two,” said Leff. “We want to
continue to seek out the most aggressive entrepreneurs to help us identify and
expand into new markets, create more jobs and provide opportunities to those
who dream of running a successful business.”
“As we continue to enter new markets in 2013, we are
thrilled at the opportunity to introduce even more people to our affordable healthy
lifestyle services,” continued Leff. “The future is certainly bright for Hand& Stone.”
