Business For Sale

Business Overview:

This new, upscale massage salon needs an owner-operator right away. The current owner is willing to turn over the spa for a fraction of the start-up costs and will provide fifty percent owner financing for a qualified owner-operator who is ready to step in and take over. The owner cannot continue to manage this company. This high end massage spa was opened as a new franchise in December of 2010 and is successfully following the start-up business plan. The client base is predominantly based on membership fees, so there is a good base of recurring revenue. There is a clear history of promotional programs since the summer. The facility is extremely pleasant for clients and employees. The build-out of the facility followed the franchise plan with some additional improvements. The build out is high quality, with mood music, subdued lighting, white noise and scent. The owner installed on-site laundry facilities. The facility is located in a large, upscale shopping development with an abundance of parking. The salon has a reception area, 8 massage rooms, including one for couples, and an employee area. A quiet room to provide a calming environment, for before and after sessions, was added in the first quarter of 2011. What makes this business interesting for an owner-operator is that the asking price is far below the actual build-out costs and the new owner will save a year of startup since the company has become profitable. The business has records to show that, this business has repeatedly been one of the top 10 franchise operations for one or more of the key operating metrics such as Close Rate and Percent of Services with Add-ons.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Family commitments make it difficult to develop this salon until maturity.

Additional Details: