MergerPlace

Leading National Franchise Massage Spa

Virginia


  • Asking Price: $395,000
  • Gross Income: $696,146
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $300,000
  • Listing ID: #202412
  • Established: 2013
  • Employees: 2 FT/7 PT

Business Description

Leading National Massage Franchise. Operating 4 years this leading franchise location continues to grow both it’s top line and active members. The current membership base tops 900, operating in an attractively built out facility spanning 4000 square feet with 15 rooms. The franchise is one of the most respected in the space and the brand is complemented by a staff of enthusiastic practitioners who are specialists in their own right. Their line up of services covers Massage and Massage Therapy along with a full line up of professional skin care services. Skin Care is personalized for the client and conducted by an experienced esthetician. The massage therapy is designed to alleviate common stress-related tension and pain, but in addition, is client specific to address areas such as the neck, which for some people comes as a result of the work they do, and can lead to headaches and backaches. The massage therapists are skilled and trained to focus a clients massage regiment to those areas requiring attention. The lease has over five years remaining at a competitive market rate of $8,800 per month. The current owners are having to relocate to an area far too distant to continue to provide the necessary oversight for the business and thus their reason for selling. However they will insure a smooth transition into the business and provide training in addition to the franchise. And as well, will consider some level of financing for the right buyer.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Virginia

Company Information

Year Established: 2013
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT/7 PT

Financial Information

Asking Price: $395,000
Gross Revenue: $696,146
FF&E: $300,000
Seller Financing Available: No

Property Information

Reason for selling:

Sellers relocating.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers