Upscale Massage Reflexology & Spa

Not Disclosed, TX
Dallas County

North Dallas

Asking Price: Annual Revenue:
$359,000 $492,326

Services: Engineering, Architectural Services

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RE: Upscale Massage Reflexology & Spa Broker: Moon Kim

Quick Facts

Asking Price: $359,000
Annual Revenue: $492,326
Net Profit: Not Disclosed
Cash Flow: $133,579
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 9
BBN Listing #: 977319188
Broker Reference #: 000910

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Business Overview:

Very well-established high volume reflexology & full body massage boutique in North Dallas is now available for acquisition. The business has begun its superior massage service in 2010 and has become one-of-the-best foot/full body massage place in DFW area. This upscale massage shop occupies a 1,310 Square Feet space of a premier retail strip center which features gorgeous build-outs with an elegant interior that is located nearby an intersection with consistently heavy traffic as well as densely populated neighborhoods filled with high-income individuals and numerous retailers that attract a large number of people to the area. As the business is surrounded by more than 20 hotels and over 150 restaurants, it has many walk-in traveler customers visiting from elsewhere beside numerous loyal customers this business has accumulated since business opening. The business offers hand massage, foot massage (reflexology massage), body massage and therapeutic massage with different length of time from 30 min - 90 min. The business targets high-end demographic with superior massage service at high-end price which has made them stand out among its competition. Quite a few competitors are in the immediate market area, but this business is known as one of the best massage boutique in N. Dallas area and has by far superior than any other competing massage shops within the immediate market area in terms of reviews, volume, services and customer awareness. Gross sales of this unique massage shop have been consistent for the last 3 years running at around $500,000 - $540,000 per year due to its superior service and customer management by the current owner. Although some online marketing is in place through website, social media outlet, loyalty program, text reminder etc., more of offline marketing method such as direct mailing, flyers, specials, package deal etc. needs to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Currently, there are 3 rooms for full body massage and 4 stations for reflexology massage (foot massage) which can handle up to 8 customers at the same time. Since number of customers has been outgrowing number of therapists available for walk-In customer, it is highly needed to hire 2 additional therapists which will in result immediately generate more revenues of the business by cutting down the percentage of turned-away customers on busy weekend. Having a full-time owner operator will be the best way for this business to increase cash flow as the business will spend less on payroll expenses, managing and maintaining the quality of the customer relations. This is a great opportunity to acquire one-of-the-best and high volume upscale full body/reflexology massage boutique located in high-end N. Dallas.

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Property Features and Assets:

This business is located in a 1,310 Square Feet space of retail strip center nearby one of the busiest intersection in N. Dallas surrounded by numerous restaurants and more than 20 hotels that constantly bring immense traffics and traveler customers throughout the day. The business have been gorgeously built out with upscale furniture and materials and uniquely branded with high-end image. / Inventory: $500 (Included in listed price).

Market Competition and Expansion:

Competition: Many competitions are found in a given competing area, but this business is uniquely branded with upscale image and made its stand out among other competitors by providing superior massage service to its customers. Growth and Expansion: Online marketing is being proactively done by current owners, and more of offline marketing is needed to fully utilize to achieve maximum income potential.

Reason for Selling:

Looking for other opportunities.

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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