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Asking Price$225,000
Revenue$812,793 Established2013
Cash Flow$127,472 Employees14 full, 7 part
FF&E$89,494* FranchiseYes
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This turnkey Massage Envy clinic enjoys a high-traffic location in o Farmington, New Mexico's premier shopping center. New owners will inherit strong recurring income, a known presence in the local market, and over $225,000 in leasehold improvements. The staff and systems are in place to support your continued success. The general manager who is responsible for all the day-to-day operations currently earns $45,000. Since 2002, Massage Envy's affordable-membership model has propelled the chain and its eye-catching storefront spas to 1,200 U.S. locations. The national membership base numbers over 1.5 million people. The franchise offers a variety of massage, facial and skin care treatments in the rapidly growing wellness industry. The chain has claimed nearly 50 percent of the franchised day-spa market. Forbes ranks it the #10 Best Franchise to Buy in its 2018 rankings. Seller is offering to cover the franchise transfer fee for a qualified buyer. Terms and conditions to be negotiated. Franchise requirements include $150,000 cash on hand with a minimum net worth of $500,000.
Competition:Massage Envy is the market leader with more than a decade of success and an innovative business model. Competition at this size and scale in the local market is limited.
Growth Potential:A new owner who works full-time in the business can expect to earn $120,000 or more based on the business’ 2017 financial performance. This is a great opportunity to own an established, turnkey clinic or become a multi­-franchisee. The parent company’s robust marketing and advertising program helps drive new memberships.
Training/Support:Full­-time manager and experienced staff in place. The parent company will provide significant ongoing training and support
Sale Reason:Seller has other commitments and obligations that require his attention.
Ad #99757
Seller Reference #SANTAFE001-N178
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Michael Greene
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