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Listing Number: 3682
Summary - Fully Managed Absentee Massage Franchise with recurring revenue – CONTRACT PENDING
Amazing covid comeback in 2021.
Fully managed, owner absentee franchise massage business for sale. Approximately 50% of total revenue is recurring revenue coming from subscriptions sold to the Spa's clients. Located in a great neighborhood within an affluent community. Nearby the beach just east of US1. Owner benefit approximately $160,511. All massage therapists in place, using only natural products. 100% Turnkey.
Listing Broker
Jonathan Barak
Business Intemediary Specialist
Phone: 954-596-8060
Email: jbarak@capitalbbw.com
- Category:
- Sub-Category: Beauty Salons, Barber Shops
- Asking Price: $499,999
- Gross Sales: $1,004,131
- Cash Flow: $160,511
- County: Palm Beach
- Area: Delray Beach, Florida
- FFE: $30,000
- Inventory: $15,000
- Real Estate: $0
- Employees: 12 - Full-Time 12 - Part-Time
- Facilities: 10 massage therapy rooms total
- Relocatable? No
- Home Based? No
- Market Notes: Market seeing growth.
- Growth Notes: Business has steadily grown, including it's subscription customer base. Significant bounce back after covid, now only down 20% vs. Same week 2020.
- Support Training: 2 weeks
- Year Established: 2014
- Financing Terms: N/A
- Reason for Selling: Retirement
- Inventory Included: No
- Is Franchise Yes
- Lender Prequalified No
- Absentee Owner Yes
- Selling Financing? No
- Is FEE Included? Yes