Established Massage Business for Sale with Unlimited Growth Potential

Barnstable, MA

Seller Financing Available

Asking Price:$75,000
Gross Revenue:$535,000
Rent:$7,823.44/Month
FF&E:$500,000
Cash Flow:$35,000
Inventory:$25,000
EBITDA:$20,000
BUSINESS DESCRIPTION

Franchised Massage business with over 1200 locations Nationally

Established Massage & Facial Spa located in the heart of Hyannis with unlimited growth potential. Current revenue around $535k per year and on track to exceed $600k in 2024. Currently we have around 500 Active Members and the location is fully operational and built out to brand standards which normally would require investment of at least $800k to construct and ramp up a new location. We are selling because this is our only location in Massachusetts and originally, we had planned to further expand in Massachusetts, but those plans have been delayed. With this being our only location in Massachusetts, the distance is becoming too far from our other locations in Connecticut & New York. Full staff including Clinic Manager would transition with the sale. This is a great opportunity for someone interested in entering the Franchise Massage industry and can be had at a fraction of the cost of opening a new location.


DETAILED INFORMATION
Location
Barnstable, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,007
Lease Expiration
28/02/2033
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Seller Financing Available

BUSINESS LOCATION
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Ankur Patel
Ankur Patel