State Approved Essential Business- Medical Massage

Asheville, NC
Buncombe County


Asking Price: Annual Revenue:
$267,793 $240,078

Services: Hair, Nails, Spas, Tanning


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RE: State Approved Essential Business- Medical Massage Broker: JT Tatem
Owner Financing is Available!
$127,793

Quick Facts

Asking Price: $267,793
Annual Revenue: $240,078
Net Profit: Not Disclosed
Cash Flow: $107,356
Total Debt: Not Disclosed
FF&E: $73,931
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 273251471
Broker Reference #: 19375-667726

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Business Overview:

Well Established, medically necessary, with strong referrals from local medical community. Recurring revenue. Solid staff in place. Both onsite and remote treatment performed by the therapists. Medical massage is a far stronger and stable market than just a massage spa. Very few direct competitors in their space- They are "The Go-To" clinic. Real Estate available.

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Property Features and Assets:

Well Established, medically necessary, with strong referrals from local medical community. Recurring revenue. Solid staff in place. Real Estate available. The company started in NY in 2000 and relocated to beautiful Asheville NC in 2003. They attribute their success and growth to their affiliation with several MD's and other health care professionals. The company web page affiliate tab demonstrates a diverse group of health care professionals representing only some of their many health care professionals who refer their client patients to this very credible medical massage provider. Having established the affiliates confidence with unmatched ability to treat their prescribed clients over the years, allows the company to enjoy a steady stream of ongoing business. 4 staff and 4 sub-contractor therapists make up the team. Corporate Office Park on main thoroughfare, with excellent parking and sign exposure. Features waiting area, well appointed exam rooms, restrooms, etc.

Market Competition and Expansion:

The company has very few direct competitors. They are referred to by leading physician specialists as, “The only game in town”. Other massage business are not “essential businesses” which this practice is. The geriatric side of the business presents huge growth opportunity. Medicare has advised that they are adding Medical massage to their roster of services that they will pay for. With a co-pay, this will prove to be a very profitable growth opportunity for the business which is already located within one of the largest retirement communities in Asheville NC.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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