MergerPlace

Massage Therapy

Illinois (Cook)


  • Asking Price: $229,000
  • Gross Income: $341,140
  • Cash Flow: $65,963
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $15,000
  • Listing ID: #199361
  • Established: 2002
  • Employees: 2 FT/2 PT

Business Description

Business provides multiple massage techniques including Swedish massage, hot stone massage, neck and back massage, deep tissue therapy, reflexology and focused massage for fibromyalgia, arthritis and pregnancy. Aromatherapy is offered. The business has an esthetician for skin care, facials and waxing procedures.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Illinois
County: Cook

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/2 PT

Financial Information

Asking Price: $229,000
Gross Revenue: $341,140
Cash Flow: $65,963
FF&E: $15,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

This 1,500 foot facility offers a waiting area, greeting desk and private rooms for treatment. The business is conveniently located along a busy street with ease of access from all directions. Public transportation is available.

Growth & expansion opportunities:

The location allows for expansion into an adjoining space to allow for additional therapists and manage increased appointments. The addition of other cosmetic procedures such as manicures and pedicures would also bring in additional revenue streams without the need for additional overhead costs.

Competition:

Since 2008, no massage businesses are able to operate in mixed use B-2 zoned areas. This business was established in its current location in 2002 and is therefore exempt from this restriction. Current zoning requirements restrict any direct competition from entering the local area and protects this business from new entrants in the market.

Reason for selling:

Massage therapy business for sale. This business was started in 2002 and has been at the same location over the following fifteen years. Well known and attended by clients in the neighborhood and surrounding area. Owner is retiring to pursue other business interests.

Support & Training:

Will train for 2 weeks @ no cost. Licensed massage therapists are required. Illinois business license and Illinois permits are required.

Contact Business Seller

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Business Listed By:

Terry Flanagan

Murphy Business Brokers