Boulder Medical Massage Practice

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PRICE REDUCED! Trusted Facility With Skillful & Knowledgeable Therapists!
Asking Price:
$95,000

Gross Revenue:
$169,000
Cash Flow:
$41,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$20,000
included in asking price

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Business Description

The business is a therapeutic, medical massage, outcome-oriented practice convenient to the communities of Boulder, Louisville, Lafayette and Superior, all in Boulder County, just northwest of Denver. It offers a blend of treatment-oriented, condition-specific modalities of massage therapy and other related soft tissue rehabilitation treatments. Health, recovery and rehabilitation are its goals, and its reputation is as a trusted facility with skillful and knowledgeable massage therapists.

This is an ideal business opportunity for anyone interested in being a part of the health and wellness movement. It may be of particular interest to a practicing professional of the healing arts who wants independent ownership, but also the additional income offered by owning a business that leverages a close association with other similar professionals.

A number of its massage therapists have historically been “in-network” providers for both Anthem BlueCross and BlueShield of Colorado and of Cigna Global Health Insurance Company. It is not a franchise day spa offering facials, body wraps, saunas, steam rooms and/or tanning.

Its evolution into a multi-faceted professional enterprise provides a new owner with many opportunities for future expansion. The business serves a wealthy and well-educated local area market which strongly embraces massage as an essential contributor to health and wellbeing. It has a viable website. Its additional ownership of a federally registered trademark offers an intriguing “extra” asset.

The massage portion of the business now consists entirely of independent contractor therapists. The business rents space and supplies support services to these therapists. The business also controls additional offices in its building, which it sub-leases to other independent professionals whose services are complementary to health and wellness, giving the business an additional source of revenue besides therapeutic service income.

About the Business

Year Established:
2009
Number of Employees:
1 F.T., 6 P.T.
Real Estate:
Leased
Building Sq. Ft.:
2,865
Lease Rate/Sq. Ft./Yr.:
$22.45
Lease Expiration:
2/28/2022
Facilities:
Modern and elegantly simple office space (2,865 sq. Ft.) with reception area, 4 massage rooms, bathroom, shower and laundry. Easy-to-reach location right off major highway exit.
Website:
Confidential
Market Outlook/
Competition:
There is plenty of competition, and always has been. This clinic, however, has made a reputation for its unique menu and its competent and skilled massage therapists.
Growth & Expansion:
There is an opportunity here to either keep the business profitable as is, or go ahead and grow it beyond its current market. The business was set up to be able to add more therapists.
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About the Sale

Reason For Selling:
Seller suffered injuries in a recent accident. Can no longer practice as before.
Training/Support:
Seller will train and assist new owner as needed.
Seller Financing:
$45,000, 5Yrs., 6%

Listing Info

ID:
1453075
Ad Detail Views:
1721

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Business Listed by

Carolyn Ryan

Colorado Business Brokers
License# FA.100077038

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Sponsoring Broker:

Glen Cooper
Colorado Business Brokers
License# #ER.100036824 Colorado R.E. License

U.S. Census Data for Boulder County, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Boulder County, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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