MergerPlace

Personal Services Business

Michigan


  • Asking Price: $285,000
  • Gross Income: $531,373
  • Cash Flow: $111,408
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #203182
  • Established: 2009
  • Employees: 14

Business Description

The Company maintains a membership-based business model which has allowed it to capitalize on significant and reliable revenue growth since its founding in 2009. The Company is a full-service therapeutic massage studio offering a wide array of massages including Swedish, Deep Tissue, Hot Stone, Bamboo Fusion, and more. 75% of the Company’s sales are from subscriptions/memberships. The Company has generated 36% compound annual revenue growth rate since 2011.

The owner has other opportunities to pursue and is seeking to transition the Company to new ownership. The owner is willing to provide training and assistance to a new owner through a reasonable transition period.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email River City Partners and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Services - Other Services
Location: Michigan

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14

Financial Information

Asking Price: $285,000
Gross Revenue: $531,373
Cash Flow: $111,408
Seller Financing Available: No

Property Information

Facilities:

Current facility is leased with 9 operating massage rooms.

Growth & expansion opportunities:

1) Marketing Strategy Optimization 2) New, Unique Service Offering Poised for Scaling 3) More Active Owner

Competition:

1) Impressive Historical Revenue Growth and High Margins: The company has a successful track record with strong revenue growth and impressive SDE margins since its founding in 2009. The Company has generated 36% compound annual revenue growth since 2011. 2) Successful Recurring Revenue Model: The membership-based business model has allowed the Company to more easily forecast future revenue and spark high annual growth rates. 75% of the Company’s sales are delivered through recurring revenue from the Company’s memberships. 3) Highly-Skilled Staff: all staff are licensed massage therapists who have extensive experience providing high-quality massages.

Reason for selling:

The owner has other opportunities to pursue.

Support & Training:

The owner is willing to provide training and assistance to a new owner through a reasonable transition period.

Contact Business Seller

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Business Listed By:

Matthew Baas

Calder Capital, LLC