Premier Massage, Skin Care and Wellness Center
Asking Price:   $610,000Inventory:   $8,000 ++
Gross Revenue:   $352,000Real Estate:   $315,000 ++
Cash Flow:   $79,000 (comments below)FF&E:   $67,000 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: EBITDA
Part of the multi-billion dollar health, beauty and wellness market
The Company opened for business in 1998 and is part of the multi-billion dollar health, beauty and wellness market. Services include therapeutic massage (medical, deep tissue, sports, active isolated stretching, Swedish, hot stone, aromatherapy, reiki, chair) and skin care services (facials, paramedical peels, microdermabrasion, hair removal, body treatments). Other services provided on premises (but not by Company) include: acupuncture, electrolysis, counseling, Reiki, Cranial Sacral, and clinical hypnosis. The Company promotes wellness by offering these multiple therapies, sponsoring a variety of workshops, and giving presentations to various organizations in the local community. The Company specializes in providing healing treatments via a nurturing and relaxed environment resulting in repeat business and referrals, which are key factors to its ongoing success. Also, the Company offers convenience, value and a quality experience through its well trained staff. The staff is educated and skilled with a commitment to learning and growing, and a commitment to the highest quality of care and service. Owners are looking to retire and would like to sell turnkey operation including facilities, furniture, fixtures, equipment and all intangible assets.
About the Business
Year Established:1998
Employees:3 full time - 5 part time
Facilities:This 5,500 square foot facility was a former Victorian home, which now houses a complete, turnkey operation. The building and property are immaculately maintained in a beautiful setting with wonderful landscaping and gardens that bloom throughout the spring, summer, and fall. There are several garden areas that add to the natural beauty of the facility and grounds. In addition to the main structure, there is a large garage, which includes housing a riding lawn mower and a snow blower. Also, there is a large room above the garage and a small shed for gardening equipment and supplies. Additionally, the facility is completely furnished and has the look of a high-end Bed and Breakfast resort. The whole facility is very attractively decorated and comfortable for its patrons. The sellers intend to leave the furnishings intact with the exception of a few personal items. There are first and second floor foyers for central access to ten other rooms. The reception area is welcoming with friendly retail displays and coat room window seats on either side of the front door. There are two spacious waiting rooms off the reception area that offer more than enough capacity for clients waiting for services or relaxing after a massage or other treatment. Currently two other rooms on the first floor are treatment rooms along with a Tea Room area for clients, a laundry room and kitchen for staff, and two full bathrooms. The second floor has two bathrooms as well along with 6 treatment rooms. The third floor is a large space with two large rooms, a large unfinished area, and small sink. The basement area has on
Market Outlook and Competition:The Company uses a variety of venues to generate awareness for their services. Word of mouth from satisfied customers is probably the best and most effective means of generating new clients. Advertising has included ads in local and regional publications. Participation in local events and other sports events have generated business as well. The Company also contracts a professional marketing team to help plan and execute some of the marketing programs. Additionally, the Company has an established website comprised of pages that outline the following information: About Us | Services | Products | Gift Certificates | Directions | Home. A quarterly newsletter with helpful information, including services provided on Company location, is published and emailed to clients, a copy which is also available on the website. COMPETITION: The niches the Company competes in are relatively fragmented and are typically represented by small players with one or two employees. The Company is widely recognized as the leader in integrated services for the region and enjoys a reputation as a warm and friendly environment with first class facilities. Limited resources of competitors minimizes drawing customers from the Company and because of being open six days a week with extended hours the Company attracts new business from other competitors, which are open fewer days and less hours.
About the Sale
Management Training and Support:Owners will provide training and support as needed during transition
Reason For Selling:Owners are looking to retire and would like to sell turnkey operation including facilities, furniture, fixtures, equipment and all intangible assets.

KEYWORDS: therapeutic massage, medical, deep tissue, sports, active isolated stretching, Swedish, hot stone, aromatherapy, reiki, chair, skin care services, facials, paramedical peels, microdermabrasion, hair removal, body treatments, services, acupuncture, electrolysis, counseling, Reiki, Cranial Sacral, clinical hypnosis, wellness, health, well being, relaxation, small business, cash business, fun business, nurturing, manage pain, skin care, spa treatments, energy therapy, upstate new york, northeast, syracuse, ithaca, binghamton, cortland, central new york, finger lakes region


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Business Listed By
Kurt Behrenfeld  |  Business Horizon Group, Inc.
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Industry: Health and Medical
Segment: Other Health and Medical

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