Massage Therapy Chain with Excellent Locations and Brand Awareness
Location: California, United States
Category: Services
Type: Established
Asking Price: $975,000
Cash Flow: $320,000
Revenue: Not Disclosed
Gross Income: $1,680,000
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed
This multi location massage business (with limited day spa services) has managed to build a well known brand name and a profitable and highly scaleable operation off of a very simple business model. The owners have created a business that offers top quality massage services at extraordinarily low prices, yet allows the company s low cost structure to generate a highly profitable volume of business. This cash heavy operation (40% of sales are in cash) is ideal for a seasoned marketer or industry veteran, yet is simple enough for a first time entrepreneur. The firm maintains 14 regular employees and has 85 independent contractors.
Facilities:
All of this company s assets will transfer in the sale, including its furniture, fixtures and equipment (primarily massage beds with some esthetician and office equipment). Naturally, the company s intangible assets - including its goodwill, website, phone numbers, name, business processes, etc. - will transfer as well.
Financing:
Not Offered, but may consider
Support:
Owner will train as necessary, but anticipates that this should take less than 2 weeks at 30 hours per week.
Competition:
The massage therapy market is dominated by single mom and pop locations, ethnic oriented massage (e.g. Japanese or Thai massage) or lifestyle oriented (e.g. holistic healing) venues, hybrid massage center / day spa operations. There are no other major competitors that have developed a brand name, offer multi-location services, or have any formidable market presence.
Growth:
This opportunity presents many avenues for growth. New management will likely expand the successful concept to additional locations throughout Los Angeles, neighboring counties, or adjacent states; they may even license and/or franchise the name, business model and concept. Management may also seek to increase marketing day spa services,or expand the services via body wraps, luminaire style facials, airbrush tanning, or more advanced esthetician techniques such as peels.
Reason Selling: Personal
Number of Employees: 100
Year Established: 1998
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