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Therapeutic Massage Franchise
Location: United States -> Washington
Industry: Business Services > Other Services




Business Summary

Located near the Seattle, Washington Metropolitan, this therapeutic massage franchise is part of a national franchise specializing in holistic health services. The franchise has special financing relationships with banks who are eager to finance the sale for up to 10 years with 10-15% down.

Primary services include various types of massage with aromatherapy. Add-on services are available to aid in physical athletic recovery, relaxation and pain treatment of their customers. In addition, some of the retail products sold include body scrubs, body butters and fragrant botanical candles. The company operates from leased facility with great foot traffic from one of the state's largest gyms, this exclusive relationship has led to record growth since their inception. They have a daily wait list of customers wanting services. With seven rooms, this facility could accommodate 85 customers daily when fully staffed. Revenues can easily be increased with additional LMP's (Licensed Massage Practitioners).

Established in 2008, the company has a proven track record, supported by a loyal and enthusiastic customer base. With minimal marketing efforts, this business continues to attract new customers while maintaining its reputation with existing ones. With management already in place, this company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule if desired. The current owner is approaching retirement. With over 16,000 contacts in the database, 75% of revenue comes from membership dues. This very stable source of income eliminates revenue fluctuation and creates easy revenue projections. Contact IAG today!

Asking $499,000.00. The leased 1,950 square foot facility features a reception area, seven massage rooms, back room or break room and a laundry room to wash towels and linens. Relocation is not recommended.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $783,000
Cash Flow:   $98,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $130,000
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  While the owners are approaching retirement, the rest of the staff including leading manager will most likely be willing to stay on after the sale.
Reason For Selling:  Other interests

Photos

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Therapeutic Massage Franchise Photo 1




Print Listing Id: 700267002
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Also See: Franchise Opportunities > Franchise Resales > Washington Businesses For Sale > Washington Franchises For Sale > Washington Business Brokers



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