Massage Business w/ Complementary Service Providers – West Los Angeles

Los Angeles, CA (Los Angeles County)

Massage Business w/ Complementary Service Providers – West Los Angeles

Asking Price:$225,000

Cash Flow:$138,398

Gross Revenue:$474,984

EBITDA:N/A

FF&E:$10,000

Inventory:N/A

Established:2009

Massage Business w/ Complementary Service Providers – West Los Angeles

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Business Description

This spacious West Los Angeles area massage business has a combination of massage rooms and professional service provider rooms in its well-appointed facility. As such, the business derives its revenues from both massage services as well as rental income. The facility boasts a lovely build-out, excellent freeway access, main street visibility as well as an onsite parking lot with designed spaces.

Detailed Information

Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 2,500 square foot facility leases for $7,400 per month on a lease that will expire in 2019, with one 7 year option at fair market value. The facility has two restrooms, an employee break room, a records room, a large reception / waiting room and a private shower. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. Inventory will be sold at cost at close in addition to asking price.
Competition:
As massage and related services are popular, competition naturally exists. This business’s stellar location, onsite parking, years of goodwill and its built in rental income stream, however, provide it unique points of differentiation a sustainable competitive advantage.
Growth & Expansion:
New operators will likely wish to maintain the operation’s proven business model and infrastructure, while supplementing the service offering with any options they seek to provide. The business may reduce staffing costs by an owner-operator who acts as an onsite general manager or receptionist, or could bolster income tremendously if they are a massage technician or a complementary service provider (e.g. homeopath, esthetician, chiropractor, acupuncturist, reike technician, etc.).
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal

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Ryan Clark

Business Listed By:
Ryan Clark

The Veld Group

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Sponsoring Broker:
Michael Wildeveld

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