High Growth Therapeutic Massage And Wellness Centre For Sale

Business description

This business offers several services as well as multiple product lines focusing on complementary therapies. Offerings include therapeutic massage and skin care services (facials, paramedical peels, hair removal, body treatment).

The business is capitalizing on the consumer interest in LOHAS, Lifestyles of Health and Sustainability, which encompasses a $228.9 billion U.S. marketplace for goods and services focused on health, the environment, social justice, personal development and sustainable living. The consumers attracted to this market have been collectively referred to as Cultural Creatives and represent a sizable group in this country. Approximately 30 percent of the adults in the U.S., or 50 million people, are currently considered LOHAS Consumers. The seller is passionate about wellness and alternative therapies and is committed to providing high quality services to its clients, which they are accomplishing based on feedback from its customers and based on the fact that revenues are growing significantly over time. Based on a quote from the seller: there is rarely a day that goes by without someone telling us with appreciation how calming and restful the environment is.

Property information

Real Estate:

Real Property Included

Other information

Expansion potential:

The owners have been working on several new initiatives that have either been recently implemented or are close to implementation, which have not been reflected in its historical sales and income. There are also a good number of proposed initiatives that have yet to be tapped. A new owner will have many new options to increase revenues with these and other initiatives to maintain revenue and income growth.

Competition / Market:

There are competitors in the Syracuse area and to the south in Binghamton. Both areas are a significant distance from this business.

Support & training:

Four weeks training is included in the asking price.

Reasons for selling:

Retirement

Trading hours:

M-F: 9 AM - 7 PM; Sa: 9 AM - 5 PM

Financing available:

W/ $500,000 down, sellers will finance a $100,000 note amortized over 60 months at 8%.

Furniture / Fixtures value:

$45,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)