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Quick Facts
Asking Price: | $1,075,000 | |
Annual Revenue: | $1,702,569 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $237,150 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 27 | |
BBN Listing #: | 70944955 | |
Broker Reference #: | 6206-17045 |
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Business Overview:
This thriving franchise massage studio is located in a desirable part of the Houston inner loop area, with a team of therapists providing massage, facial and skin services to both new and recurring monthly membership customers.
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Property Features and Assets:
The studio is located in a strip center in a highly trafficked area surrounded by demographics that consist of professionals with discretionary income who value healthy living and the benefits of massage. The studio occupies 4,185 square feet, with a well-appointed lobby and reception area, as well as 17 rooms and 2 couples tables. Assets = $206,500
Market Competition and Expansion:
While there are other massage providers in the general area, there are no other major franchised or well-known brands nearby. The business could be grown by adding additional therapists and enhancing the marketing efforts. The forecasts for the massage industry are strong as the emphasis on health and wellness continues to increase, and as customers continue to get educated on the benefits of massage therapy.
Reason for Selling:
Seller wishes to retire.
Additional Details:
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