Leading Massage Franchise for Sale

Business
  • Listing# : 17853
  • Listed Price : $499,000
  • Total Sales : $1,067,730
  • SIC : 7299
  • Down Payment : $58,000
  • Status : Active
  • Discretionary Earnings : $207,436

Business Type :

Beauty/Personal Care / Skin and/or Massage

Business Description :

Leading Massage Franchise with more than 1,100 locations, established from ground in 2018 in a recently built high traffic Publix Plaza.  The concept focuses on memberships (recurrent revenue).  Despite being owner absentee and despite Covid, the business is very successful and has experienced constant growth.   The business currently employs 14 massage therapists and 2 aestheticians.  920 clients in the data base.  The owner lives out of town, and he is managing the business remotely.  By being present a new owner can immediately increase revenues.  Financials assume that the business is ran by the owner with an assistant manager.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $3,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $79,175
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $180,000
    • Incl : Yes
    • Total Assets $262,175
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Beauty/Personal Care