Therapeutic Massage And Wellness Company

Business Overview:

For over two decades, this company has provided world-class therapeutic massage and wellness services for discerning clients in the Richmond, Virginia area. With a focus on preventative care and innovative services, this company has helped thousands of clients live longer, healthier lives. Some key services include infrared sauna, compression, full-body and localized LED light therapy, cryotherapy, vibroacoustic therapy, V02 max metabolic testing, and of course massage therapy. Currently expanding into other new, innovative services to stay on top of the health and wellness industry. The company also boasts a large wellness store on site with a full offering of various health and wellness products. In 2023, the current owner hired a FT manager and was able to step away from the business entirely! The new owner will have the option to run this passively, or can personally replace the manager to run the business directly. Also in 2023, the company began closing on Sunday to provide more work/life balance for employees . . . and STILL grew sales. This non-franchised business was home grown in Richmond, and knows the local market! In addition to its stellar reputation and long-tenure, monthly memberships help to ensure repeat business and client loyalty.

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Property Features and Assets:

The company moved to a much bigger, state-of-the-art facility in 2022 and the responses has been remarkable.  The 3,000 Square Feet is ideally situated in a high-traffic center with a major "anchor" store.  The shop includes 11 treatment rooms, administrative space, and a beautiful reception area.

Assets  = $66,438

Market Competition and Expansion:

There is no shortage of "health and wellness" spas and clinics in the Richmond area, including many franchises. Very few offer the range and quality of services offered by this company, nor can boast a presence of over 20 years in the Richmond market. As consumers become more aware of innovative health services and the benefits of overall wellness care, this industry is well-positioned to growth and thrive in this market and into the foreseeable future. The company moved to a larger, more attractive location in 2022 and saw a 72% growth that year! The introduction of new products and services has also contributed to this growth. Growth continued at a slower rate in 2023 because the owner decided to close on Sundays.

Reason for Selling:

Owner is retiring.

Additional Details:

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