Well Established, $$Profitable Massage Franchise$$

Not Disclosed, NY
Suffolk County

north shore location, great demographics


Asking Price: Annual Revenue:
$1,250,000 $947,042

Services: Hair, Nails, Spas, Tanning


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RE: Well Established, $$Profitable Massage Franchise$$ Broker: Mike Funaro

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $947,042
Net Profit: Not Disclosed
Cash Flow: $384,677
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 14
BBN Listing #: 957649704
Broker Reference #: MASSNY

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Business Overview:

This massage spa franchise location is in one of the highest growth and most affluent communities in the area. This business is fully staffed and beautifully equipped for continued growth. Online reviews are exceptional and a loyal clientele is in place.
A new owner/operator can drive higher sales through more local community involvement and additional training in the area of membership sales.
The business currently has over 650 active "members" in place and rapidly returning to pre-Covid membership over 800. Membership with EFT provides a solid recurring revenue stream with very low attrition rates.

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Property Features and Assets:

This is a beautifully equipped franchise spa with 7 treatment rooms all equipped and in use.

Market Competition and Expansion:

While this is a competitive industry and marketplace, this franchise model provides a variety of massage therapy modalities to their clients who are primarily seeking pain relief, stress reduction and an overall wellness benefit. The consumer need is big - most Americans suffer from back pain, other muscle pain and routine stress, which are the primary reasons people seek their first massage. Continued growth of the membership base is expected as the market continues to grow and needs increase. The business is rapidly returning the pre_Covid membership and revenue numbers. An expected July, 2021 membership rate increase will add significantly to top line revenues. Providing additional services offered through the franchisor programs and training will create additional revenue streams.

Reason for Selling:

Retirement

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 a franchise resale opportunity.

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