Leading Massage Franchise with more than 1,100 locations, established from ground in 2018 in a recently built high traffic Publix Plaza. The concept focuses on memberships (recurrent revenue). Despite being owner absentee and despite Covid, the business is very successful and has experienced constant growth. The business currently employs 14 massage therapists and 2 aestheticians. 920 clients in the data base. The owner lives out of town, and he is managing the business remotely. By being present a new owner can immediately increase revenues. Financials assume that the business is ran by the owner with an assistant manager.
- Asking Price:
- $499,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,067,730
- Cash Flow:
- $207,436
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Space is 2,277 sq ft. Current rent is $8,658 (includes property tax, CAM and sales Tax). The lease expires in 05/31/2027. There are 2 - 5 year options to renew.
Business Operation
- Expansion Potential:
-
The business has been ran remotely so an owner operator should be able to increase the sales immediately. The area is constantly growing which will attract potential customers to the area.
- Competition / Market:
-
No other competition around this location. Closest franchise is 4 miles west of this Location.
- Reasons for selling:
-
Sellers moved out of town.
- Trading hours:
-
Mon-Sat 9am-9pm; Sun 9am-7pm
- Employees:
- 20 FT
- Years established:
- 5
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 1 week @ $0 cost.
- Financing available:
-
Lender pre-screened with $58K down.
- Furniture / Fixtures value:
- $79,175 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price
