Established Massage Envy Franchise in the Four Corners Area

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Excellent Staff, Strong Customer Base, Nationally Recognized Brand
Asking Price:
$225,000

Gross Revenue:
$812,793
Cash Flow:
$127,472
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$89,494
included in asking price

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Business Description

This turnkey Massage Envy clinic enjoys a high-traffic location in Farmington, New Mexico’s premier shopping center. New owners will inherit strong recurring income, a known presence in the local market, and over $225,000 in leasehold improvements. The staff and systems are in place to support your continued success. The general manager who is responsible for all the day-to-day operations currently earns an annual salary of $50,000.

Since 2002, Massage Envy’s affordable-membership model has propelled the chain and its eye-catching storefront spas to 1,200 U.S. locations. The national membership base numbers over 1.5 million people.

The franchise offers a variety of massage, facial and skin care treatments in the rapidly growing wellness industry. The chain has claimed nearly 50 percent of the franchised day-spa market. Forbes ranks it the #10 Best Franchise to Buy in its 2018 rankings.

Seller is offering to cover the franchise transfer fee for a qualified buyer. Franchise requirements include $150,000 cash on hand with a minimum net worth of $500,000.

About the Business

Location:
Farmington, New Mexico
Year Established:
2013
Number of Employees:
14 FT, 7 PT
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,600
Rent:
$1.65 Per Month
Lease Expiration:
2/4/2023
Facilities:
3,600 SF suite located at Farmington’s Four Corners Marketplace shopping center next to Albertsons.
Website:
www.massageenvy.com/
Market Outlook/
Competition:
Massage Envy is the market leader with more than a decade of success and an innovative business model. Competition at this size and scale in the local market is limited
Growth & Expansion:
This is a great opportunity to own an established, turnkey clinic or become a multi­franchisee. The parent company’s robust marketing and advertising program helps drive new memberships.
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About the Sale

Reason For Selling:
Other obligations and commitments require the Seller's attention.
Training/Support:
Full-­time manager and experienced staff in place. The parent company will provide significant initial and ongoing training and support.

Listing Info

ID:
1466202
Ad Detail Views:
2049

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Business Listed by

Michael Greene

Sam Goldenberg & Associates

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