SBA 7(a)/504 FOIA · FY1991–PRESENT · MASSACHUSETTS
Elements Therapeutic Massage franchise in Massachusetts: what the public record shows
Franchisees of Elements Therapeutic Massage in Massachusetts have taken 11 SBA loans since 1991 (average $239,990), and of the 11 loans whose story has ended, 0.0% were charged off — versus 2.9% for Elements Therapeutic Massage nationally and 14.8% across all rateable franchise brands.
Loans in MA
11
Resolved
11
Local charge-off
0.0%
National charge-off
2.9%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MA. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
2,729
statewide, all operators
Per 100k residents
38.2
national 26.6
Versus the country
+44%
denser
Every business in Elements Therapeutic Massage's industry operating in Massachusetts — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in MA | Local charge-off | Units in MA |
|---|---|---|---|
| GREAT CLIPS | 12 | thin | — |
| European Wax Centers-Galleria | 9 | thin | — |
| Fantastic Sams | 5 | thin | — |
| WAXING THE CITY | 5 | thin | — |
Same sector, same state, same public records — how Elements Therapeutic Massage compares to the systems a buyer in Massachusetts would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Elements Therapeutic Massage's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →