Earl E. Espinoza, LMT.
- Registered Member
- Posts: 5888
- Joined: Wed Sep 28, 2005 6:01 am
- Location: Texas / The Lone Star State
If just yourself, then you have basically answered your question. You want $100/hour and need to figure out how many hours per week you want to work, and how many weeks per year you want to work. Will you ask for paid vacation and/or benefits? That is something you will need to deicide on as well.
If for you and the 4 therapists, then you will need to lay out how frequently the 4 therapists will also be there and how much they are to be making. As well, you need to make sure that you are not the one required to find and keep 4 therapists on staff - unless that is something you are willing to do as a management position.
Please let us know what you decide. And, if you build a contract for presentation, consider posting a copy here for our other members to learn from.
Houston Massage Therapy - Advanced Massage Therapy - Lucas & Lucas, LLC
What is the staffing level required -- how many hours per day, days per week? What hours will you work vs the staff of 4. Will they be employees or ICs (be careful about this...making someone BE somewhere puts you cleanly in employee land)
Is the pay based solely on massages? What compensation is there jsut to be there, since you never know when someone will want a massage?
Is there any limit to the number of services per day or the length of the service? Why would anyone get a chair massage when they could get a table massage for free as well?
there are also considerable insurance issues if you are an on-site sub-contractor, with sub contractors or employees of your own.
Keep in mind, few fitness center operations anywhere in the US, let alone in a depressed economy like PDX, charge $100 for an hour of table massage.
This requirement puts you cleanly in the Employee category. Is your corporate entity set up to have employees, workers comp insurance and liability insurance to cover employees? These are all very expensive, and take time to get lined up.therapist46 wrote: I just need from my colleagues to give me an idea what to charge per 6 hour shift for 5 days a week, for as many massages members will want It does not matter how many massages we perform, they just want us to be present for all members to be able to have pre, and post massages for their workouts; on a table, or chair, depending on their problem, and it will be the LMT's call on which, table, or chair to massage the member.
I am not following the math. 4 * 6 * 5 = 120 therapist hours per week. $100 per hour = $12,000 a week. If you meant $100 per hour for ALL 4 therapists, you are still talking $3,000 a week, which is almost twice the number you came up with. If it is only $100 per hour for your team, not sure where you make any money.therapist46 wrote:My figures are $100.00 per hour, with 4 LMT's for a 6 hour shift for 5 days per week. I come up with $7,200.00 per month to the fitness center.
Just so we are on the same page...therapist46 wrote:Dear Collegues: I am not sure I have not explained myself quite clearly. I am charging the Fitness Center $100.00 per a six hour shift, 5 days per week which comes to $12,000.00 per month. .
EACH FITNESS CENTER -- of which there are 6
6 hour shift billed at $100 per shift
5 days a week
$100 * 5 shifts * 4 weeks = $2,000 per fitness center
6 Centers * $2,000 per month = $12,000
Except you say there are only 4 LMTs working...so how do you cover the 6 centers, 5 shifts a week with 4 MTs?
You lost me again. you are paying the other MTs $15 per hour * 6 hour shift = $90. But you are only charging $100 for that shift, leaving you with $10 per shift per MT. Plus, as I pointed out earlier, your working conditions classify your MTs as employees. This adds another 10+% in employer paid taxes ( you should see how UI premiums have gone up with every extension of UI benefits) as well as Workers comp Insurance, which depending on your state could be another 5%. your $10 margin on a shift just got eaten up by payroll expense.therapist46 wrote:and paying the other therapists $15.00 per hour which totals $7,200.00 per month, plus any and all tips. .
So if you are on-site 30 hours a week, when are you going to find time to do payroll, work on scheduling, interview, hire and train new team members, etc? ($15 an hour for a lot of standing around may sound good, but people don't like to stand around, so expect quite a bit of turn over, especially the first few months)therapist46 wrote:I am making my money as one of the four LMT's working, .
Not sure how you come to this figure based on what you said previousluy about paying MTs $15 an hourtherapist46 wrote:My part totals $4,800.00 per month plus my wages as a working LMT.
Be careful what you wish for. Make sure you understand the costs of running an enterprise like this -- attractive for them might not be attractive for you, and then you would be stuck with a bad deal. Trust me, creating a state or nationwide business if very expensive, and multi-state employment issues are tricky to navigate.therapist46 wrote:The manager, district manager, and V.P are on board with the proposal, I simply had to make my proposal more attractive for them to propose to the president , and decision maker of the fitness center. The manager of the local fitness center told me he is 90% sure the fitness center will give me 3-6 month trial period to see if the numbers work. If it does work for both parties involved, then the sky is the limit for me and my company. The fitness center is not only city, state, or even nation wide; they are global. The kicker is that I have the first right to refusal to any and all other massage clinics in their fitness centers. Please help out a colleague in need of some ideas to land this gig.
What we found over time, was that 1) people will attempt use complimentary services to treat issues that can't be treated 10 minutes at a time, and some will abuse the service (you need to know if there will be a limit to the number/time spent with each member, so a handful aren't trying to hog all the "free time") and 2) people working out don't carry money on themselves, so there was no tipping (I think especially since this was considered a complimentary service to the members.) I wouldn't count on tipping being any substantial part of the therapists pay. Also, it can be difficult getting people into a chair/onto a table after a class when they're all sweaty - often they just want to get to the showers.
I do wish you luck with this though, and am interested to see how this works out.
- Posts: 1601
- Joined: Thu Jan 13, 2005 2:45 pm
- Location: West Boylston, Ma
Also what's your plan going to be if a member wants a 60 or 90 min. Massage after a shower? Are you taking that into account in your price? Who is going to be incharge of the sheets, oil laundry etc. I think in this case you really need to plan for the worst and hop for the best. Don't undercut yourself because I could see a lot of head aches if you are not careful