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Fully Managed Absentee Massage Franchise with recurring revenue

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Listing Number: 3682

Summary

Fully Managed Absentee Massage Franchise with recurring revenue
Trending upward in 2021! Truly Absentee-owned, fully managed massage franchise with recurring revenue, subscription membership base & all employees in place. Purchase this already established and prime for success massage franchise for less than it costs to build from the ground up. 50% of total revenue is recurring revenue coming from subscriptions sold to clients. Located in a great neighborhood within an affluent community. Nearby the beach and east of US1. 2019 owner benefit $160,000. All massage therapists in place, using only natural products. 100% Turnkey

Listing Broker

Jonathan Barak

Jonathan Barak
Business Intemediary Specialist

Phone: 954-596-8060
Email: jbarak@capitalbbw.com

  • Category:
  • Sub-Category: Beauty Salons, Barber Shops
  • Asking Price: $399,999
  • 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

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