Northern California Massage Center - SC2288

Asking Price$75,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$15,000
Included in asking price
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Northern California Massage Center - SC2288


Asking Price$75,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$15,000
Included in asking price
Business Description
Massage Center
This Massage Center is a Northern California Limited Liability Company and has been in operation for the past 10 years under the current ownership. This massage business has two locations, and they are looking to sell this one location. While they offer standard massages such as couples' traditional massage, foot massage, single traditional massage, and facials, the real benefit is the location of the business. A new owner does not need to keep the same business as this location, but in the vicinity, there are a number of bars (one next door) and wine gardens, which would lend this location to potentially be a pizza restaurant or some other food establishment. Food alternatives in this location are limited. They are open 7 days a week from 10:00 am to 9:00 pm. This business does have a massage establishment permit.

Market Outlook/Competition
North America leads the global massage therapy industry, capturing over 40% of the worldwide market share with a U.S. market value of approximately $18.9 Billion. Major industry drivers include rising self-care trends, corporate wellness integration, and high numbers of registered professionals.
Location

Country: United States
State/Province: California

Financial Information
Asking Price: $75,000
Minimum Down Payment: $75,000
Lender Prequalified? No
SBA Prequalified? No
Seller Financing Available? No
Annual Gross Revenue: ON REQUEST
Discretionary Earnings: ON REQUEST
Adjusted EBITDA: ON REQUEST

Detailed Information
Year Established: 2006
Owner Hours Worked Per Week: 30
Is Real Estate Available? No
Is Real Estate Included? No
Real Estate Value: N/A
Monthly Rent: $1,800
Square Footage:2300
Number of Full-Time Employees: 0
Number of Part Time Employees: 0
Number of Independent Contractors: 1
FF&E Included? Yes
FF&E Value: $15,000
Inventory Included? No
Inventory Value: N/A
Relocatable?: No
Franchised?: No
Home Based?: No

Training/Support Description
The Seller is willing to provide training at 10 hours per week for 2 weeks for the new Owner. Additional training can be made available on mutually agreed-upon terms between the Buyer and the Seller.

Seller Financing Description
Seller financing is not available at this time.

Reason for Selling
The reason for selling is the Seller would like to pursue other interests.
About the Business
Years in Operation
20
Employees
1 Contractor
Currently Relocatable
Yes
Facilities & Assets
This business operates out of 2,300 square feet with a base rent of $1,800 and CAM charges of $300. The current lease is month-to-month. There are 5 different rooms that are each furnished along with a separate bathroom and shower, office, kitchen and waiting area. There is also a 16x16 foot patio.
Market Outlook / Competition
North America leads the global massage therapy industry, capturing over 40% of the worldwide market share with a U.S. market value of approximately $18.9 Billion. Major industry drivers include rising self-care trends, corporate wellness integration, and high numbers of registered professionals.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
Rent
$1,800 per month
About the Sale
Seller Motivation
The Seller is selling to pursue other interests.
Transition Support
The Seller is willing to provide training at 10 hours per week for 2 weeks for the new Owner. Additional training can be made available on mutually agreed-upon terms between the Buyer and the Seller.
Financing Options
Seller financing is not available at this time.
Listing Info
ID
2543088
Listing Views
9

Listing ID: 2543088 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.