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BUSINESS FOR SALE - PROFILE #
N744-JA |
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Growing Massage Clinic Franchise - Absentee Owned
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Executive Summary
Business Summary:
Premier, reputable franchise that specializes in affordable membership based therapeutic massage services. Limited competition in the area. Revenues up >20% in 2010. No costs were spared doing the TI’s on their beautiful facility. For only $6,000 the license could be upgraded to include facials and other skin care services which should increase revenues by a minimum of 10% per month . Priced below the cost to open the doors. You need to see the business and understand the franchisor’s business model to understand its high income potential. The business occupies its own building on a busy boulevard in an upscale and affluent West LA/ Beverly Hills business community. Therapists are all licensed, trained professionals. Full-time Sales manager and Massage manager in place. The business could be run by an owner operator or on an absentee basis. The earnings noted below include adding back the cost of the current director. General Information Year Established: 2008 Employees: 7 full-time and 28 part-time at a monthly payroll of $38,000. Facility: 3,600 square foot facility at a monthly cost of $13,584 (including triple nets) expiring in March of 2013 with a 5 yr year renewal option at fair market value . Price Includes: Tenant improvements, furniture, fixtures and equipment with a cost of $377,000. Support/Training: Provided by the franchisor and seller’s trained Management staff Reason for Selling: Other business demands and partnership issue Asking Price: $350,000 Gross Revenues: 901,600 Seller’s Discretionary Earnings: 151,200 For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com
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| * Adj. Cash Flow -
Recasting provides an economic view of the company and allows meaningful
comparison with other investment opportunities.
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DISCLAIMER: All information contained in this document has been
provided by the subject company or its agent, and while believed to
be correct has not been verified. Accordingly, we makes no
representations or warranties as to the accuracy and truthfulness of
such information. The recipient hereof acknowledges that we shall
not be liable for any loss or injury suffered by said recipient in
any way connected to the delivery by us of this document. At all
times we are an agent for the seller and not for the buyer unless a
specific agreement exists for us to act as the buyer's agent.
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