Florida Panhandle Massage Envy Franchise - 2 Locations

FL

Seller Financing Available
Florida Panhandle Massage Envy Franchise - 2 Locations

Asking Price:N/A

Cash Flow:$575,000

Gross Revenue:$3,050,000

EBITDA:$575,000

FF&E:$200,000

Inventory:$20,000*

Lease Rate/Sq. Ft.:N/A

Established:2010

*not included in asking price.

Florida Panhandle Massage Envy Franchise - 2 Locations

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Business Description

Extremely profitable, recurring revenue model

Since 2002, the Massage Envy Spa Franchise has been the industry’s leader in providing therapeutic massages in the United States. The Goal is to provide professional and affordable therapeutic massage services to customers building on a strong membership program. Membership growth creates a steady flow of clients and predictable recurring revenue.

This is a rare opportunity to own a leading massage spa franchise that is well-established, in a great location, and with growth opportunities. Backed by a strong national advertising presence, Massage Envy franchises promote a healthy lifestyle through the art of massage and spa treatments. As one of the country’s fastest growing wellness brands, a proven system offers strong margins from membership-driven recurring revenue.

This Florida market started with one location and added a second location in 2014, along with additional spa services, triggering a strong growth cycle for the Company. The Company has posted an average cash flow of $590,000 for each of the last 2 years. Strong aggressive marketing has built the foundation and adding the Spa product with Esthetician services increased product offering and multiple streams of revenue. 2016 revenue is estimated to increase by approximately 7% to 10% as the new location continues to mature.

The strong residual income has provided the Seller an exceptional yearly return. The business generates over $3,000,000 in annual revenue, and is consistently profitable. The two locations each operate with a full-time manager and administrative staff. The franchise utilizes a sophisticated POS & operations software system, with detailed management reports to keep the owner on top of the business, tools for targeted advertising and in-house promotions, and tracking of sales and business trends to capitalize on expansion opportunities.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
60
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Both locations are located in popular, high-traffic shopping complexes. Landlord will work with a qualified new tenant.
Competition:
Operating successfully for a number of years, this franchise includes one of the top 15 clinics in the Massage Envy network.
Growth & Expansion:
Additional locations could potentially be made available. Additional spa related services. Maturing second location is where the real growth and profitability will come in. 7% to 10% growth in top-line revenue in 2016.
Support & Training:
The current owner is willing to train the next owner, in addition to continued comprehensive training made available from the national franchise. Franchisees benefit from a robust operations and support system that includes everything from field training to massage therapist recruitment support. Training is also provided by the franchisor.
Reason for Selling:
Other business interests
Franchise:
This business is an established franchise

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Barton Adams

Business Listed By:
Barton Adams

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Aaron Paul

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