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Multiple Location Franchise Massage, Sba Financing
Location: United States -> Illinois
Industry: Hair and Beauty > Other Hair and Beauty




Business Summary

Massage Envy is the number one rated massage and spa services franchise in the U.S. This multi unit operation in Illinois was established over six years ago and has over 2600 members. The majority of members use autopay, ensuring the business has a consistent revenue stream. Sales surpassed $2.6 M in 2018 with cash flow of over $387k. Each clinic is staffed with well-trained and dedicated employees. A new owner will best be served by a more active presence in the operations, not necessarily on-site. Strong protected territory in locations of above average income level offer opportunities for growth for a new owner-operator. The franchise continues to rollout new aesthetic services to increase the topline and bottomline. This is a turn-key business with a recognized top brand name behind it. SBA Financing is available to a qualified buyer with a 11% down payment. For more information please call Kathleen Kelly at 773-243-1603.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,628,414
Cash Flow:   $387,770
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $24,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Owner is willing to train/assist the new owner
Reason For Selling:  other business opportunities




Print Listing Id: 700333747
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

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



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