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Top Massage Franchise With Tranquil Price
Location: United States -> Michigan
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Massage Envy is a powerhouse in the massage spa industry. Presently the largest massage franchise with over 1200 locations. This Massage Envy is located in an active shopping center in the heart of Ann Arbor, Michigan, the 6 largest city in Michigan. Offering numerous massage services including Trigger point, Swedish, Deep tissue, Sport, Prenatal, Geriatric and reflexology massages. Additional revenue streams include top quality facial options and skin care products at affordable prices. Massage Envy, continually improving the franchise model, is preparing to to roll out new facial products and services. This will attract more estheticians and increase the market share in the facial arena.
The superior model of this franchise promotes the building of a recurring revenue stream through the justifiable membership program. The difficult part of starting a service business is the initial financial layout prior to building a clientele the first few years. The hard work is done here and the clientele is growing everyday thanks in part to the award winning management. The revenue has increase over 20% from 2014 to 2015 and 2016 is going strong. The spa is being sold for less then it would cost start and the existing clientele revenue stream is a bonus. In addition to support from the Seller, a new owner would receive training at the corporate office and continued support after the purchase. Idea for many visa programs.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $558,000
Cash Flow:   $558,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $395,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Other interests

Photos

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Print Listing Id: 700261757
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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