Therapeutic Massage and Wellness Company

Business
  • Listing# : 18282
  • Listed Price : $380,000
  • Total Sales : $772,473
  • SIC : 7299
  • Down Payment : $57,000
  • Status : Active
  • Discretionary Earnings : $147,554

Business Type :

Medical Related Biz / Physical Therapy; Beauty/Personal Care / Skin and/or Massage

Business Description :

For over two decades, this company has provided world-class therapeutic massage and wellness services for discerning clients in the Richmond, Virginia area.  With a focus on preventative care and innovative services, this company has helped thousands of clients live longer, healthier lives.  Some key services include infrared sauna, compression, full-body and localized LED light therapy, cryotherapy, vibroacoustic therapy, V02 max metabolic testing, and of course massage therapy.  Currently expanding into other new, innovative services to stay on top of the health and wellness industry.

The company also boasts a large wellness store on site with a full offering of various health and wellness products.

In 2023, the current owner hired a FT manager and was able to step away from the business entirely!  The new owner will have the option to run this passively, or can personally replace the manager to run the business directly.  Also in 2023, the company began closing on Sunday to provide more work/life balance for employees . . . and STILL grew sales.

This non-franchised business was home grown in Richmond, and knows the local market!  In addition to its stellar reputation and long-tenure, monthly memberships help to ensure repeat business and client loyalty.  This is a great opportunity for an experienced massage therapist, or an existing company in a related field looking to expand offerings.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $4,254
    • Incl : Yes
    • Liabilities $80,325
    • Incl : No
    • FF&E $54,996
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $7,188
    • Incl : Yes
    • Total Assets $66,438
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Medical Related Biz, Beauty/Personal Care