Multi-Unit Two Franchise Spas! Top Name Franchise! Huge Potential!

Asking Price$640,000

Cash Flow
$165,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,907,000

Inventory$6,000
Included in asking price
FF&E$120,000
Included in asking price
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Multi-Unit Two Franchise Spas! Top Name Franchise! Huge Potential!


Asking Price$640,000

Cash Flow
$165,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,907,000

Inventory$6,000
Included in asking price
FF&E$120,000
Included in asking price
Business Description
Two outstanding franchise massage and facial spas are part of the most sought after massage and facial franchise brands in the industry. Outstanding locations with easy access to the DC area, but located in the thriving suburbs of VA. While one location thrives and shows a strong P & L, the other lags a bit behind. Not so much from the location, but from lack of owner engagement and commitment. Both locations open 11+ years under same ownership. Favorable lease terms. Brand will consider new license opportunity to a qualified buyer for further expansion. Information below combines both locations, including the rent and sq. ft. of both locations combined.
About the Business
Years in Operation
11
Number of Employees
38
Franchise
This business is an established franchise
Facilities & Assets
Two outstanding spas. Both opening within a short year of each other. One location 2,388 sq. ft. . Second location 2,782 sq. ft. Both locations fully equipped for full service massage and facial services.
Market Outlook / Competition
Very few spas close by to either location. Both locations are located in regions that have consistently growing communities and population.
Opportunities for Growth
New ownership could focus more on the higher end clinical facials. Continued growth of the membership base. Expansion to additional locations within the franchise system.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,163
Rent
Not Disclosed
Lease Expiration
12/1/2028
About the Sale
Seller Motivation
Retirement
Transition Support
Franchise will offer complete training at Corporate Headquarters prior to transition of the business. Owner will remain for two weeks for a continued smooth transition. Corporate on going support and training second to none in the industry.
Listing Info
ID
2388042
Listing Views
369

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Business Listed by: Debbie Dolan Franchise Advisors Inc.

Listing ID: 2388042 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.