Recurring Income! Therapeutic Massage Business

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Recurring Income and Management in Place!
Asking Price:
$229,000

Gross Revenue:
$787,571
Cash Flow:
$93,096
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
included in asking price

FF&E:
$39,000
included in asking price

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Business Description

SAME, PRIME, COMMERCIAL LOCATION SINCE 2009! In large shopping center, anchored by large, big-box retailers. Close to major freeway. This is not a franchise.

Significant portions of total revenue in recurring income from 646 monthly memberships! Operating with a full-time manager in place, this is a great investment or add-on to an existing operation.

The company’s established facility totals 3,200 square feet. It includes 11 treatments rooms, reception area, retail product display area, employee break area, two restrooms, laundry with washer/dryer and back business office.

The original facility is capable of accommodating higher customer service numbers and scaling growth without incurring major facility cost improvements.

2018 revenues forecast: $827,951.
2018 forecast SDE: $123,727.

Two owners are leaving the area and retiring.

For a detailed package of information about this attractive business opportunity, please email or call to request a confidentiality form.

About the Business

Year Established:
2009
Number of Employees:
21
Real Estate:
Leased
Building Sq. Ft.:
3,200
Lease Amount/Mo.:
$9,913.00
Lease Expiration:
9/30/2019
Facilities:
A new lease will be negotiated between the lessor/property management and new business owner/lessee, to the satisfaction of both parties.
Market Outlook/
Competition:
There are currently less than 10 massage businesses in the subject business city. Big name massage franchises are located more than three miles from subject business.
Growth & Expansion:
Several growth and scalability opportunities are identified within the information package.
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About the Sale

Reason For Selling:
Two owners are leaving the area and retiring.
Training/Support:
Owners will provide 120 hours of total transitionary training over four weeks after a closed sale.

Listing Info

ID:
1507498
Ad Detail Views:
390

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Business Listed by

Margot Murphy, CBB

Business Owner Advisory
License# 00977254

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Certifications:
U.S. Census Data for Orange County, CA
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 Orange County, CA
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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