Seller Financing Available
Gross Revenue: $1,025,277
Profitable Massage, Facial and Spa Franchise - NEW Lease WOW! Location
As part of the largest massage therapy and spa franchise, this massage business provides so many reasons to invest:
According to the franchisor, an initial investment in a new franchised massage business ranges from $400,000 to $1M, depending on real estate. Franchisees should expect to operate with negative annualized cash flow for at least one year, and owners should expect to devote a substantial amount of time in the first year to employee recruiting, onboarding, and marketing. Consider this opportunity instead: Here we have a gorgeous, popular clinic with approximately 1,400 paying members! Ranked 7th nationwide within the franchise for member retention (over 1,100 locations), this clinic provides world-class massage therapy, spa treatments, and customer service. The owner of this business has implemented a well-designed, efficient management structure with appropriate empowerment to ensure smooth day-to-day business operations with only minimal owner involvement. Even with over 30 employees this clinic is still growing, as member demand increases year-over-year. The clinic, which opened in 2006, is open 7-days per week and offers 14 treatment rooms, a tranquility (quiet) room, a spacious break room for employees, a lockable storage room, a laundry room, handicap accessible restrooms, a large reception area for seating and retail displays, and a secure office for management. The clinic has been custom designed by a reputable architect, who used Quietrock® panels to preserve privacy and tranquility throughout the clinic. The clinic underwent a clinic “refresh” in 2011, which included brand new carpets, paint, and furniture, as well as electrical upgrades. An additional clinic refresh may be required upon transfer, but the cost should not exceed $35,000. The leasehold interest is transferable and has over ten years remaining on its term. The lease security deposit of $7,855.20 is included in the asking price. Saleable and usable inventory valued at $5,000 is also included. Franchise fees are reduced by the franchisor for transferees of an existing license. Franchise fees to be paid by the buyer. Other costs negotiable. Seller financing is available for qualified buyers. Before inquiring about this business, please complete our Buyer Registration Form found here: http://businessrealtycompany.com/buyer-registration/. This listing does not take the place of a buyer's inspection of the business and its financial and other records. Those must be carefully examined and approved by the buyer. We have not verified the accuracy or completeness of any of the information supplied here by the seller.
Inventory: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The business location is +-3,273 sq ft located in a major shopping center, with Fortune 500 anchor tenants. There is heavy foot-traffic at this location, lending to reliable new membership growth.
Competition: Franchise-protected territory with only one comparable business competitor. Other competitors are either small and/or not membership-based, placing them in a different class of competition.
Growth & Expansion: Franchisor is growing at a torrid pace and offers profit coaching, in-depth training for new franchisees, and a software platform that automates operational accounting and reporting.
Financing: Available for qualified buyers
Support & Training: 30 days with a maximum of 10 hours per week following close of escrow.
Reason for Selling: Other interests
Franchise: This business is an established franchise
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