Profitable Salt Therapy Center

Howard County, MD

Profitable Salt Therapy Center
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Asking Price: Get Financing: $165,000

Cash Flow: $67,975

Gross Revenue: $179,846

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2015

Profitable Salt Therapy Center

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Business Description

This Company's principal business is doing Salt Therapy for the improvement of Chronic Respiratory Conditions i.e. asthma, allergies, COPD and sinusitis.

Another service offered is infrared thermal massage (MIGUN). The Migun bed improves flexibility and circulation. The rollers provide a deep warm massage that gives your spine a gentle stretch and stimulates key acupuncture points, blood vessels and muscles to accelerate and improve blood circulation.
There is an additional treatment room available for providers to offer additional services i.e. massage, acupuncture, reiki or reflexology.

From year one to year two, the business grew 144%. From 2016 to year end 2017, the business grew 48%.

This business has a great reputation and is well poised for continued growth.

Detailed Information

Real Estate:
Leased
Building SF:
1,477
Lease Expiration:
6/30/2019
Employees:
1
Facilities:
This business is located in a shopping center in Howard County. The seller leases 1477 square feet of space. Rent is approximately $3100 per month and includes CAM. Lease expires June 2019.
Competition:
There are only two other salt centers in the state of Maryland. Not much competition.
Growth & Expansion:
This business is ready to be taken to the next level. Expand the geographic reach. Offer additional holistic services
Support & Training:
Owner will stay on for approximately 4 weeks included in the price of the business.
Reason for Selling:
Moving out of state
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(from currently available funds)
 
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Sondra Yarbrough, ABI

Business Listed By:
Sondra Yarbrough

Baltimore Washington Buisness Brokerage

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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