This is a very attractive business resale based on the “membership” based revenue model that provides highly predictable, sustainable monthly revenue/income.
This location opened in 2008 and the studio is 1,990 square feet with 6 fully appointed, private service rooms and 2 couple’s rooms. The specific location is in Coral Springs, and it has 23 employees with 3 experienced supervisors in place. We run off of a membership-based program for recurring revenue every month and this location has 580 active members. The seller is retiring and has worked hard to build this business up! Seller financing is negotiable, your candidate can discuss this opportunity with the seller.
FINANCIAL PROPOSITION:
• Asking Price - $625,000
• Current Revenue $1,112,583
• Current EBITDA: $170,178
• Fully Staffed - This location has 23 employees and 3 of those are supervisors. We do
ask owners are active for the first 6 or so months
• Reason for selling - Seller is retiring.
Established in 2008, this cash-flow positive studio is located in a high foot traffic shopping center. The revenue for this location exceeds $1 million and recurring monthly revenue is generated from the membership-based model (currently 580 members). The well-maintained studio is 1,990 sq. ft., with 6 fully appointed, private rooms and 2 couples' rooms.
BUSINESS DESCRIPTION:
The brand provides a variety of massage therapy modalities to clients who are primarily seeking pain relief, stress reduction and an overall wellness benefit. The consumer need is big - most Americans suffer from back pain, muscle pain and routine stress, which are the primary reasons people seek their first massage service. An appealing aspect for the franchisee is the single service-based business model that drives revenues through a variety of ways. The core of the model is the Wellness Program that allows clients to become members to take advantage of a lower price point and gets them in the habit of regular massage sessions. For the franchise owners, this creates a recurring revenue stream that helps stabilize their business over time.
The brand offers a straightforward concept that has a lower initial investment and operating cost than other similar options in the industry. The brand offers a clear, focused positioning on the therapeutic aspects of massage that correspond with a big consumer need in the market, and has an emphasis on consistently providing an exceptional, rejuvenating experience to its clients.
TRAINING AND SUPPORT:
World Class Support - led by one of the most experienced franchise management teams in the retail massage industry, the brand offers unmatched support to franchise owners. As a franchise owner you will have access to the brand's operational platforms, training materials, and most importantly a team of dedicated franchise support professionals.
CAPITAL REQUIREMENTS:
• Minimum Net Worth: $1,000,000+
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