NYC – Massage Envy Franchise for Sale

NY

NYC – Massage Envy Franchise for Sale

Asking Price:$449,000

Cash Flow:$100,000

Gross Revenue:$1,050,000

EBITDA:N/A

FF&E:$600,000

Inventory:N/A

Established:2013

NYC – Massage Envy Franchise for Sale

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Business Description

A Massage Envy located in one of the Boroughs of NYC is up for sale. This Massage Envy has incredible potential as it is just a few years old, continues to grow and is being run absentee. Massage Envy is one of the most respected brands in all of franchising and ranked 43 in the top 500 franchisees. The business model offers great quality of life as it runs like a gym with monthly memberships that are automatically charged once a month creating predictable and residual income. There are over 1,000 members at this location. There is very little cash, professional employees, low inventory and exceptional franchise support. The location of this Massage Envy is AAA. The store is run absentee, an owner operator will be able to greatly reduce costs and increase memberships as new luxury apartments are being built around the corner from this location amongst other opportunities. This store is underperforming at 1 Million in Revenue and $100,000 in earnings. With each new member, significant dollar’s fall to the bottom line. An owner that can dedicate more time to this business can propel sales and further reduce expenses. The sellers invested over 1 Million to open the facility, this is a great opportunity for the next owner as the sellers loss is the buyers gain. Please call about listing 12651.

Detailed Information

Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Franchise:
This business is an established franchise

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Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

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