Attention All LMT's and Physical Therapists in Pal

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$79,000 $98,417

Services: Hair, Nails, Spas, Tanning

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RE: Attention All LMT's and Physical Therapists in Pal Broker: Thomas Milana
Owner Financing is Available!
Loan/Seller - Amount: $29,000; Months: 24; Rate: 7.00% Monthly Payment: $1,298.40

Quick Facts

Asking Price: $79,000
Annual Revenue: $98,417
Net Profit: Not Disclosed
Cash Flow: $38,833
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 1
BBN Listing #: 513630
Broker Reference #: 0101183224

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Business Overview:

This is a turn-key, well established (Since 1998) massage business specializing in myofascial release and therapeutic exercise. Fully equipped, there are 4 private rooms (1-room is rented for $428 per month to skin specialist) with top-of-the-line massage tables, as well as a Far Infrared Sauna. Also included is a database of about 850 clients, to which about 40-48 are active clients on a weekly basis (50% repeat) and a website with SEO and a 5-Star Google review base (1st page Google organically). Excellent location on US1 in North Palm Beach with favorable lease terms. Sellers are seeking to relocate out of state but are willing to stay on for a reasonable transition period. This is an ideal opportunity for a licensed LMT or Physical therapist looking to move to the area or grow their current base of clients. Seller financing with at least $50,000 down to qualified buyers. Please refer to listing number 0101183224, Business Broker Thomas Milana when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $921; Square Footage: 750; Building Type: Office; Terms & Options: renewable; Expiration Date: 7/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 4

Reason for Selling:

Relocation out of State.

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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