Two-Unit Membership Based Facial and Massage Franchise Adj. EBITDA $340K
FINANCIAL INFORMATION
- Asking Price: $1,150,000.00
- EBITDA:
- Gross Revenue: $3,301,483.00
- Cash Flow: $339,886.00
- FF & E: N/A
- Inventory: $14,000.00
- Financing: No
BUSINESS LOCATION
Metro Atlanta
DESCRIPTION
This high-end facial and massage services franchise resale with two locations in high-traffic, densely populated intown areas has been serving their communities for 12-13 plus years. The locations currently have over 3,090 combined member-clients that provide an ongoing revenue stream. The owner spends minimal time in the business, as there are well-qualified managers and staff, making this a great opportunity for someone seeking near-absentee ownership. Currently, there are over 30+ employees (not including the owner) at each location, consisting of a manager, front desk personnel, attendants, and a team of facial, massage, and skincare therapists.
INVESTMENT HIGHLIGHTS:
- Established Reputation
- Recurring Revenue
- Loyal Customer Base
GROWTH OPPORTUNITIES:
- Tailored Marketing: Identifying and tailoring the Company’s grass roots, local store marketing, such as direct marketing, increased social media marketing, and targeted emails should benefit the Company’s growth significantly.
- Increase Support Staff: As the Membership grows the workload should expand as well. Hiring additional, quality support staff such as front desk personnel would allow the Company to scale its operations to meet increasing demand and member retention, which would increase overall revenue.
- Implement Training: Development of regular training and learning sessions for Therapists potentially could further increase an already strong satisfaction and retention of Therapists, which should lead to increased member base and monthly revenue.
REASON FOR SALE
FACILITIES
Details
- Home Based: No
- Franchise: Yes
- Distressed: No
- Relocatable: No
- Year Established: 2010
- Year Acquired: 2016
- 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: Yes
- Days Open: 7
- Hours Open: 9:00 am - 9:00 pm
- Full Time Employees: 73
- Part Time Employees: N/A
- Building Size: 2,825 sq. ft. & 4,285 sq. ft.
- Listing Id: SA1681
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