Massage Therapy Business for Sale

Crystal Lake, IL (McHenry County)

Massage Therapy Business for Sale
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Asking Price: $130,000

Cash Flow: $40,000

Gross Revenue: $220,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $350,000*

Established: 1997

*not included in asking price.

Massage Therapy Business for Sale

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Business Description

TLC MASSAGE, LTD.

TLC Massage, Ltd. was established July 1, 1997 and incorporated as Sub-Chapter S June 15, 1998, with over 20 years of established practice. For the 5 past years, owner has stepped back from doing massage, allowing Revenue not to be dependent on owner's activity. There are existing operational resources yet to be implemented to provide significant continued growth & expansion. A great opportunity as a turn-key operation.

Detailed Information

Location:
Crystal Lake, IL
Real Estate:
Owned
Not included in asking price
Building SF:
2,935
Employees:
4
Facilities:
Located in a fully renovated Victorian Building supplying the 1st Floor for Lease to the Massage Therapy Business, the Massage Business Owner owns the Building and would like to Sell the Building to the same Buyer of the Massage Business. **Zoning allows for securing a Residential Mortgage. The second floor is presently leased as a residential unit. The Massage Business Office has 4 treatment rooms and would retain all existing assets. The Massage Therapy Staff are long term employees, loyal and committed, with no plans of leaving any time soon.
Competition:
TLC Massage, Ltd. is a well established 20+ year business with a 5 Star on-line presence. Located in the Heart of Historic Downtown Crystal Lake, IL. There are no other comparably same Massage Offices within Crystal Lake. The existing Staff provide 66+ years total experience of Massage Therapy. A Mobile Website company provides monthly on-going support & updates.
Growth & Expansion:
There is plenty of opportunity for continued growth of the business: Hiring additional staff & Booking all 4 treatment rooms during all open business hours; Subscribing to on-line Bookings & Gift Certificate purchases with the already existing Envision Scheduling Software.
Financing:
BUYER MUST PURCHASE BUSINESS & BUILDING
Support & Training:
Support can be determined and negotiated during purchase.
Reason for Selling:
Planning to Retire in New Mexico.
Business Website:
http://www.tlcmassage.biz
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Business Listed By:
TERRI LATSCH

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