Multi-Unit 3 Franchise Massage & Facial Spas!Priced For Quick Sale

Asking Price$545,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,305,000

Inventory$10,000
Not included in asking price
FF&E$100,000
Included in asking price
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Multi-Unit 3 Franchise Massage & Facial Spas!Priced For Quick Sale


Asking Price$545,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,305,000

Inventory$10,000
Not included in asking price
FF&E$100,000
Included in asking price
Business Description
Three outstanding locations from the top brand name franchise in the industry. Priced at a fraction of the cost compared to opening a new location. Favorable customer reviews. The businesses are underperforming while others in NJ thrive. The businesses have so much more potential. Instantaneous Revenue over $2M. Recurring cash flow from membership income. Fully staffed with spa managers in each location. Information shared includes three locations combined. Breakdown will be shared during due diligence. Ten year license with the franchise training is included in the purchase. $24,750 transfer fee per location. Gift card season is just around the corner. Great timing to enter this industry.
About the Business
Years in Operation
12
Employees
43
Franchise
This business is an established franchise
Facilities & Assets
Three brand standard beautifully designed spas. First location opened 2013, second 2015, third 2018. Each location equipped with massage rooms and esthetic rooms. Reception area. Massage tables. Misc. skincare machines/equipment. Great lease terms with options. Ample parking.
Market Outlook / Competition
These businesses have a high demand from consumers. This franchise is the top brand in the industry.
Opportunities for Growth
New ownership will need to market the business and drive revenue. Adding the higher cost skincare services. Working with staff to increase the membership base. Working with staff to present add on's to services.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
9,800
Rent
$28,027.00 per month
Lease Expiration
7/21/2028
About the Sale
Seller Motivation
Lack of Involvement
Transition Support
Franchise will train for one week at Corporate Headquarters. Owners will stay on as needed for two-three weeks. On going franchisor support is part of being in this franchise system.
Listing Info
ID
2397590
Listing Views
198

Contact Seller

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Business Listed by: Debbie Dolan Franchise Advisors Inc.

Listing ID: 2397590 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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