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Practitioner Assist Personal Mobility Enhancement
Location: United States -> California
Industry: Health and Medical > Health Clubs and Spas

Business Summary

Practitioner Assisted Personal Mobility Enhancement Franchise. Promotes wellness through mobility for those rehabilitating from sport injuries, accidents, surgery or illnesses related to aging. Additionally, program enhances fitness for anyone pursuing improved performance and recovery before or after exercise and in general improved health and vitality. Proven and proprietary method maximizes results without injury by re-calibrating the body for efficient function. Private pay, membership- based fee structure.
Easy access location in very busy and centrally located North County Coastal community. Relocated Sept 2021 with advantageous new lease – 660 sqft - of approximately $2200/mo. Expiration 12/31/2026 with one 5-year option to renew. FFE estimate $20,000. Open 9-6 M-F, Sat 9-4pm, Sun 9-2pm.
Full time GM could be replaced by owner operator. Other employees include 5 part time practitioners (paid $20-$25/hr).
No experience required for owner operator as Franchisor will train. $10,000 Franchise transfer fee. Franchisor training at $800 per day plus T&E ($3-$4,000 estimate). Seller will train locally for 2 weeks up to 20 hours per week at no charge. 6% royalty plus 2% media fee paid to Franchisor on total revenue plus monthly technology fee currently $150 per month. P&L Income is ''net'' of franchisor royalties. This is the first franchise of this brand in CA. Area Developer arrangement possible.
Business consistently grew profits since its first full year in 2017 with 2019 SDE about $92k. Covid made a mess of 2020 financials but the business recovered some in 2021 with Income of $265k and proforma SDE of about $67k. No covid debt will transfer to buyer. Continues to pick up momentum into 2022. SDE assumes owner operator replaces GM. E2 possible assuming expeditious close of escrow.
Cash buyers only please. Priced to sell at $94,500.


Asking Price Range:  < $250K
Gross Revenues:   $265,000
Cash Flow:   $67,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2017
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

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


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Practitioner Assist Personal Mobility Enhancement Photo 1

Print Listing Id: 700372319
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