Established Massage and Wellness Business in the Richmond Metro Area

Asking Price$148,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$673,375

Inventory$1,500
Included in asking price
FF&E$15,000
Included in asking price
listing imageSave

Established Massage and Wellness Business in the Richmond Metro Area


Asking Price$148,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$673,375

Inventory$1,500
Included in asking price
FF&E$15,000
Included in asking price

Seller Financing Available
Business Description
Great opportunity to own an established and well-known massage therapy and bodywork studio in the Richmond metro area. The independent business was founded 2002 and has been in its current location since 2021. The studio brings together diverse mix of talented massage therapists each with their own areas of focus and expertise. Traditional massage therapy services are the most common offering, but there are treatment rooms devoted to other related modalities such as red light therapy, sauna, and assisted stretching. The service offerings are streamlined and there are popular add-ons available like hot stone massage and CBD massage.

The business is situated in an open air retail center just off a major thoroughfare surrounded by prominent national brand anchor stores and other well-known businesses alongside this local massage studio. There is a loyal and devoted customer base that has been patronizing the business for many years which is backed up by an exceptional composite review rating across multiple platforms. Avoid the headaches and buildout costs of starting a business like this from scratch with this completely turnkey opportunity! The owner is looking to focus on their other business interests and this is the reason for the sale. Co-Broker opportunities for this listing with other industry professionals are available. Please note, the cash flow claimed ($110,000 SDE) is based on an active owner operator running the business. We don’t expect this opportunity to last long, so contact us today to learn more!
About the Business
Years in Operation
4
Employees
15 (1 Full-time, 14 Part-time)
Facilities & Assets
The massage and wellness facility opens with a small retail/reception area upon entering the business. Past the reception area are ten treatment rooms, a client waiting room, two small bathrooms, a break room used by employees, walk-in supply closet, and manager's office. The 3,000 square foot facility is leased for $6,094/month including NNN. The business is situated in a high traffic area with complementary businesses, restaurants, hotels, schools, and nearby residential communities in close proximity.
Website
http://www.horizonbrokers.com
Market Outlook / Competition
There are other massage studios in the area, but the long track record of this business and combination of services makes them fairly unique in the marketplace.
Opportunities for Growth
A new owner may wish to increase marketing and advertising efforts to create awareness of the business and its services. There is also room to grow relationships with existing customers through enhanced loyalty programs.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$6,094.00 per month
About the Sale
Seller Motivation
Owner would like to focus on other business interests.
Transition Support
Owner will provide training and transitional support.
Financing Options
Seller will offer financing depending on the terms and final purchase price.
Listing Info
ID
2524338
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Lex Meredith Horizon Business Brokers, LLC

Listing ID: 2524338 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Elements Massage
$150,000Elements MassageFeatured Franchise