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Listed by:

Kensington Company

Membership Massage Franchise In Nyc For Sale

NYC, New York, US
Asking Price:
$250,000 Furniture / Fixtures included
Sales Revenue:
$800,000
Cash Flow:
$100,000

A fantastic opportunity to purchase one of the best brands in Massage Spas, for pennies on the dollar of what it would cost to build new. The seller has 4 other spas and operates this unit “executive management style” as she lives in another market and does not have time to dedicate to the store. The seller just purchased the spa 9 months ago at a great value from the previous owner- who unfortunately opened at the end of 2019 and started off going right into the pandemic. The original owner had given up and the spa was barely functioning when the current owner took over 9 months ago. What a difference the change in ownership made… in 9 months Memberships have Doubled, Revenue has Doubled, with all new front counter staff motivated to sell memberships. Over the first 9 months the seller made a large reinvestment in marketing and in training and hiring appropriate managers, and the business now operates at a break-even level. For a new, hands-on owner operator, there should be greater than $100,000 in earnings. This business has so much potential and is just getting going. If the seller had more time and was not building out another store in state, they would hold this for another 2 years, grow it and sell this location for a lot more. Call about listing 15237.

Property Information

Real Estate:

Lease

Business Operation

Employees:
12
Years established:
2019

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$400,000 - included in the asking price