Long Island Massage Envy Franchise Resale

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Earning $250,000 Operating Semi-Absentee
Asking Price:
$750,000

Gross Revenue:
$1,265,000
Cash Flow:
$250,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$600,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

An established Massage Envy located in an upscale Long Island neighborhood is for sale. The owner manages the manager and has great quality of life benefits investing only about 20 hours a week to oversee the operation. The location of this Massage Envy is AAA and has the ability to expand with an additional 2 treatment rooms which would further increase profitability. Massage Envy is one of the most respected brands in all of franchising and ranks #43 in the Top 500 franchises. The business model offers great quality of life as it runs like a gym with monthly memberships generating predictable and residual income. Professional employees, low inventory and exceptional franchisor support with little daily cash to monitor makes this business easy to manage. There is a well-trained seasoned staff in place. With over 1,300 members and revenues greater than $1.2 Million dollars, this location generates consistent earnings for the sellers. In 2016, the business earned $250,000 being run semi-absentee. Please refer to listing number #12851 when inquiring about this opportunity.

About the Business

Number of Employees:
38
Franchise:
Yes
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1589021
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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