#1 Massage Franchise

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$250,000 $770,777

Services: Hair, Nails, Spas, Tanning


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RE: #1 Massage Franchise Broker: Bob Leone

Quick Facts

Asking Price: $250,000
Annual Revenue: $770,777
Net Profit: Not Disclosed
Cash Flow: $97,284
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 18
BBN Listing #: 960211185
Broker Reference #: 170-08465

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Business Overview:

The #1 massage franchise in the country, this unit was established in 2009. Great location on busy main road in nice shopping center with plenty of parking. Large spa with 20 clinical rooms for service. Current membership of 1021; most pay approximately $65.00 a month, and a small amount pays $55.00. Business is run 100% absentee. Owners took over in early February 2019. They pay themselves a small salary and a few perks and the business just keeps on running. Financials for each of the last 2 years show numbers for 10 months, not 12. Even with being closed for over 2 months in 2020, business surpassed prior years for the same time frame. Walk in traffic can be increased with better local marketing. Sellers want to concentrate on their other businesses.

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Property Features and Assets:

Inventory: $20,000 (Included in asking price). Lease/Month: $12,207. Square Footage: 4,049. Building Type: Outdoor Mall. Terms & Options: 1-5 year. Expiration Date: 6/30/2022. Leasehold: $25,000

Reason for Selling:

Downsizing

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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