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- RE: Membership Massage Franchise For Sale In NYC
- Contact: Ken Stein
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 400,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 12 | |
BBN Listing #: | 48394701 | |
Broker Reference #: | 15237 |
Business Overview:
A fantastic opportunity to purchase one of the best brands in Massage Spas, for pennies on the dollar of what it would cost to build new. The seller has 4 other spas and operates this unit “executive management style” as she lives in another market and does not have time to dedicate to the store. The seller just purchased the spa 9 months ago at a great value from the previous owner- who unfortunately opened at the end of 2019 and started off going right into the pandemic. The original owner had given up and the spa was barely functioning when the current owner took over 9 months ago. What a difference the change in ownership made… in 9 months Memberships have Doubled, Revenue has Doubled, with all new front counter staff motivated to sell memberships. Over the first 9 months the seller made a large reinvestment in marketing and in training and hiring appropriate managers, and the business now operates at a break-even level. For a new, hands-on owner operator, there should be greater than $100,000 in earnings. This business has so much potential and is just getting going. If the seller had more time and was not building out another store in state, they would hold this for another 2 years, grow it and sell this location for a lot more. Contact us about listing 15237.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.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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