Membership-Based Massage Franchise
FINANCIAL INFORMATION
- Asking Price: $550,000.00
- EBITDA:
- Gross Revenue: $1,280,000.00
- Cash Flow: $145,000.00
- FF & E: $95,000.00
- Inventory: $3,000.00
- Financing: Yes
BUSINESS LOCATION
Georgia
DESCRIPTION
Located in a high-traffic, densely populated intown area, this high-end massage services franchise has been serving the community for over six years. They currently have over 850 member-clients that provide an ongoing revenue stream with facility capacity to almost double the revenue. The owner spends minimal time in the business, as there is a well-qualified manager on staff, making this a great opportunity for someone seeking near-absentee ownership. Currently, there are 31 full-time employees (not including the owner) consisting of a manager/front counter rep and a team of massage therapists.
INVESTMENT HIGHLIGHTS:
- Established business located in a densely populated area in Metro-Atlanta with a large retail presence
- Membership-based business model provides substantial recurring revenues and significant cash flow
- Presents an opportunity to acquire an existing and established high-end massage franchise at or below the cost of starting a new franchise in an uncultivated territory
GROWTH OPPORTUNITIES:
Increase Massage Therapist Staff
- Business is currently operating at 54% capacity due to the current number of massage therapists.
- Increasing therapists could easily generate additional revenue with minimal cost increases
Add Services to Increase Business Appeal
- Business currently focuses solely on massage services. Adding facials to the mix of services could expand revenues from existing clients/members and help attract a new pool of clients wanting the convenience of a business offering both massages and facials.
Implement Price Increases
- Business has recently started implementing membership price increases in a gradual manner consistent with franchisor guidelines. These increases are not yet reflected in the business financials but are expected to result in increased net revenues (gross revenue gain less membership attrition.)
REASON FOR SALE
FACILITIES
Details
- Home Based: No
- Franchise: Yes
- Distressed: No
- Relocatable: No
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: Yes
- Real Estate Included: No
- Is Management Staying: No
- Days Open: Daily
- Hours Open: Varies
- Full Time Employees: 31
- Building Size: 2100 Sq. Ft.
- Listing Id: SA1658