NEW PRICE - Established Massage Envy Franchise

Farmington, NM
San Juan County

Asking Price: Annual Revenue:
$175,000 $812,793

Services: Non-classifiable

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RE: NEW PRICE - Established Massage Envy Franchise Broker: Michael Greene

Quick Facts

Asking Price: $175,000
Annual Revenue: $812,793
Net Profit: Not Disclosed
Cash Flow: $127,472
Total Debt: Not Disclosed
FF&E: $89,494
Real Estate: Not Disclosed
Year Established: 2013
Employees: 21
BBN Listing #: 181644632
Broker Reference #: SANTAFE001-N178

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Business Overview:

This turnkey Massage Envy clinic enjoys a high-traffic location in o Farmington, New Mexico’s premier shopping center. New owners will inherit strong recurring income, a known presence in the local market, and over $225,000 in leasehold improvements. The staff and systems are in place to support your continued success. The general manager who is responsible for all the day-to-day operations currently earns $45,000. Since 2002, Massage Envy’s affordable-membership model has propelled the chain and its eye-catching storefront spas to 1,200 U.S. locations. The national membership base numbers over 1.5 million people. The franchise offers a variety of massage, facial and skin care treatments in the rapidly growing wellness industry. The chain has claimed nearly 50 percent of the franchised day-spa market. Forbes ranks it the #10 Best Franchise to Buy in its 2018 rankings. Seller is offering to cover the franchise transfer fee for a qualified buyer. Terms and conditions to be negotiated. Franchise requirements include $150,000 cash on hand with a minimum net worth of $500,000.

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Reason for Selling:

Seller has other commitments and obligations that require his attention.

Additional Details:

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

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