Thriving Massage Therapy Business

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$749,000 $883,857

Services: Hair, Nails, Spas, Tanning


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RE: Thriving Massage Therapy Business Broker: Seller of Business

Quick Facts

Asking Price: $749,000
Annual Revenue: $883,857
Net Profit: Not Disclosed
Cash Flow: $311,070
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 16
BBN Listing #: 187552348
Broker Reference #: 59071-792660

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Business Overview:

Founded in 2005 by the Seller, this business has steadily grown from a Solo Practice and into a thriving business that has a consistently full appointment book. The business has a staff of 10 Full time employees and 6 Part Time employees. Employee turnover has been historically low with several employees having multiple years of tenure. All employees are W2. Over the last 3 years the seller has removed themselves from the day-to-day operations of the business and no longer functions as an LMT. This is an absentee owned and operated business generating an annual six figure income for multiple years. By listening to their customers’ needs and wants, the business has gradually expanded their menu of services, and specializes in several different kinds of massage therapy.

There are a variety of massage therapy providers in the Portland market however, this massage therapy and wellness provider has a demonstrated they have all the ingredients of a successful business as evidenced by their years in business, profitability, repeat clientele, and commitment to quality.

According to data provided by the US Bureau of Labor Statistics the employment of Licensed Massage Therapists is expected to grow 21% from 2019 to 2029. Demand for massage therapy services will likely grow as referrals from healthcare providers is expected to increase as the benefits of massage therapy have become more evident. The location has 10 treatment rooms but has been operating at 60% of their physical capacity leaving ample room for additional growth and diversification of wellness services such as acupuncture, chiropractor, physical therapy, naturopathic doctor, spa treatments etc.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

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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