Nationwide spa franchise that offers high-quality massages
Martin County, Florida
Asking Price: |
Gross: |
Cash Flow: |
$99,000 |
$326,449 |
$47,993 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
PRICE DROP OWNER NEEDS TO RETIRE! Own this growing therapeutic massage business! Nationwide spa franchise that offers high-quality massages. Operates in 1800 SF leased facility featuring 6 treatment rooms, including 1 couple’s room. Located in popular shopping plaza. Rent $4,682/mo. Staff includes 1 full time Studio Manager, 2 part-time front desk clerks, and 7 therapists; all employees are W-2. All systems, brochures, and software in place with a great list of clients on memberships. The store currently holds a ranking of 32 out of their 240 studios according to corporate numbers. The 2023 average check is higher by $6.31% over 2022 and they show a trending growth driver for the quality of guest membership services.This business is perfect for an Owner/Operator and is currently run at arm's length. Seller's Discretionary Earnings includes the assumption of the Studio Manager's Salary. This is an excellent opportunity. Please refer to listing 7301224487 and advisor Kim Capen when inquiring.
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Year
Business was Established: 2016 |
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Number of Employees:
Number of Employees 11 Nu |
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Facilities / Terms of Lease:
Type of Location Strip Center
Facilities
Monthly Rent $4,681.50
Square Units (Foot, Meter) 1,800
Lease Expiration Date December 31, 2026, 3:00:00 AM
Terms Options |
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Owner
willing to train:
Seller will train for 2 weeks at no cost |
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Reason for selling:
Downsizing |
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REQUEST MORE INFO |
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