Massage Envy Franchise in the Four Corners Area

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String Franchise With Established Market
Asking Price:
$275,000

Gross Revenue:
$861,353
Cash Flow:
$120,259
EBITDA:
$70,407
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, over $225,000 in leasehold improvements, and a staff and systems that will support your ongoing success. This well-managed operation is supported by a manager who earns an annual salary of $45,000.

Over the past 15 years Massage Envy’s affordable-membership model has propelled the chain and its eye-catching storefront spas to over 1,100 U.S. locations. The national membership base numbers over 1.6 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.

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

About the Business

Year Established:
2013
Number of Employees:
14 FT, 11 PT
Real Estate:
Leased
Building Sq. Ft.:
3,600
Lease Rate/Sq. Ft./Mo.:
$1.65
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:
A new owner who works full-time in the business can expect to earn $120,000 or more based on the business’ 2017 financial performance. 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:
Seller has other obligations and commitments that require his attention.
Training/Support:
Full-­time manager and experienced staff in place. The parent company will provide significant 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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Source: American Community Survey (2010-2014), United States Census Bureau.

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