Business Overview:
Invest in a winner! Since 2002, the Massage Envy Franchise has been the industry’s leader in providing massages, skincare, and assisted stretch treatments in the United States. Entrepreneur Magazine has ranked Massage Envy as one of the top franchises to own in the wellness industry.
The location of this Massage Envy is in an affluent town in Contra Costa County. Recently updated, it is a beautiful facility and one of the largest in the area with top-rated client satisfaction.
Membership growth is one of the keys to success in this business, creating a steady flow of clients and predictable sales cycles. Massage Envy’s affordable-membership model, customizable treatments, and renowned skincare lines has propelled the chain and its eye-catching storefront spas to over 1,100 U.S. locations. The national membership base numbers over 1.5 million clients.
The franchise offers a variety of massage, facial, and skin care treatments in the rapidly growing total body wellness industry. The chain has claimed nearly 50 percent of the franchised day-spa market. Forbes ranks it the #10 Best Franchise to Buy in its 2018 rankings.
Franchise requirements include $150,000 cash on-hand with a minimum net worth of $500,000.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted.
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Property Features and Assets:
On the main street in this town
3,600 sq ft. with a large lobby, roomy tranquility room and 11 service rooms, including one couple's room and four dual services rooms and are nowhere near physical capacity. The original build out in was expensive and done right and so everything is new built for growth. In 2018 they did a refresh so it feels new again.
Market Competition and Expansion:
The nearest Massage Envy is 9 miles away. Massage Envy is the brand leader in an industry that generated over $12 billion in 2015 and Massage Envy is the #1 provider of massage services.
Demand should be strong after pandemic and there is an opportunity to continue to hire therapists and estheticians, and expand the business to meet the demand. A potential buyer should have an understanding of the sales process as that drives the membership model, which in turn helps drive the business. There is an opportunity to bring the business up to 2000+ members as the physical capacity can more than support those numbers.
Reason for Selling:
Family Obligations
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 a franchise resale opportunity.
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