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Established Richmond Metro Area Massage And Wellness Business For Sale

Richmond, Virginia, US
Asking Price:
$148,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$673,375
Cash Flow:
$11,000

Great opportunity to own an established and well-known massage therapy and bodywork studio in the Richmond metro area. The independent business was founded 2002 and has been in its current location since 2021. The studio brings together diverse mix of talented massage therapists each with their own areas of focus and expertise. Traditional massage therapy services are the most common offering, but there are treatment rooms devoted to other related modalities such as red light therapy, sauna, and assisted stretching. The service offerings are streamlined and there are popular add-ons available like hot stone massage and CBD massage.

The business is situated in an open air retail center just off a major thoroughfare surrounded by prominent national brand anchor stores and other well-known businesses alongside this local massage studio. There is a loyal and devoted customer base that has been patronizing the business for many years which is backed up by an exceptional composite review rating across multiple platforms. Avoid the headaches and buildout costs of starting a business like this from scratch with this completely turnkey opportunity! The owner is looking to focus on their other business interests and this is the reason for the sale. Co-Broker opportunities for this listing with other industry professionals are available. Please note, the cash flow claimed ($110,000 SDE) is based on an active owner operator running the business. We don’t expect this opportunity to last long, so contact us today to learn more!

Property Information

Real Estate:

Lease

Location:

The 3,000 square foot facility is leased for $6,094/month including NNN. The business is situated in a high traffic area with complementary businesses, restaurants, hotels, schools, and nearby residential communities in close proximity.

Premises Details:

The massage and wellness facility opens with a small retail/reception area upon entering the business. Past the reception area are ten treatment rooms, a client waiting room, two small bathrooms, a break room used by employees, walk-in supply closet, and manager's office.

Business Operation

Expansion Potential:

A new owner may wish to increase marketing and advertising efforts to create awareness of the business and its services. There is also room to grow relationships with existing customers through enhanced loyalty programs.

Competition / Market:

There are other massage studios in the area, but the long track record of this business and combination of services makes them fairly unique in the marketplace.

Reasons for selling:

Owner would like to focus on other business interests.

Employees:
1 FT / 14 PT
Years established:
24

Other Information

Support & training:

Owner will provide training and transitional support.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller is open to offering financing depending on the final purchase price, terms, and qualifications of the buyer.

Furniture / Fixtures value:
$15,000 - included in the asking price
Inventory / Stock value:
$1,500 - included in the asking price