Well Established Spa Franchise - Growth Potential!

Not Disclosed, MD
Baltimore County

High traffic center, great demographics


Asking Price: Annual Revenue:
$175,000 $574,063

Services: Hair, Nails, Spas, Tanning


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RE: Well Established Spa Franchise - Growth Potential! Broker: Mike Funaro

Quick Facts

Asking Price: $175,000
Annual Revenue: $574,063
Net Profit: Not Disclosed
Cash Flow: $106,228
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 19
BBN Listing #: 335149704
Broker Reference #: Not Disclosed

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Business Overview:

This spa franchise location is in one of the highest growth and most affluent communities in the area. The location is staffed fully and can be run absentee however a strong sales oriented owner will continue to drive growth potential in membership sales.
A new owner/operator can also reduce labor costs and drive sales through local community involvement and dedication to membership sales training.
The business currently has over 370 active "members" in place with EFT providing a solid recurring revenue stream.

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Property Features and Assets:

This is a beautifully equipped franchise spa with 7 treatment rooms all equipped and in use.

Market Competition and Expansion:

While this is a competitive industry and marketplace, this franchise model provides a variety of massage therapy modalities to their clients who are primarily seeking pain relief, stress reduction and an overall wellness benefit. The consumer need is big - most Americans suffer from back pain, other muscle pain and routine stress, which are the primary reasons people seek their first massage. Continued growth of the membership base is expected as the market continues to grow and needs increase. Providing additional services offered through the franchisor programs and training will create additional revenue streams.

Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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