SAINT PAUL, Minnesota
| Asking Price |
$30,000 |
Year Established |
2013 |
|
| Annual Revenue |
$647,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Buyer Services |
|
| Annual Cash Flow |
$0 |
Listing Number |
1002130 |
|
| # of Employees |
19 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This established Elements Massage studio offers a rare opportunity to acquire a respected, in-demand wellness business backed by a nationally recognized franchise brand.
Due to the planned redevelopment of the current mall location, the buyer will need to secure and build out a new studio within the protected territory. This presents an opportunity to open in a refreshed, modern Elements space that aligns with the brand’s latest design standards.
The seller is also open to transferring the studio at no cost if the buyer assumes existing liabilities. Retaining these members is more cost-effective than replacing them, making liability assumption a potentially advantageous option for a new owner.
Property Features and Assets:
<p>The current site is being redeveloped. The new owner will be able to choose a new location of their liking.<br></p>
Market Competition and Expansion:
<p>Massage Envy, Massage Retreat, Chiropractors are competitors.<br></p><p><br></p><p>With 460 active members, an experienced staff, and strong brand recognition already in place, the business is primed for growth. A refreshed location and updated design offer strong potential to increase visibility, attract new clients, and expand membership.<br></p>
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