Well Established Massage Therapy Franchise

Price: $350,000

Location: Miami-Dade

Industry: Beauty and Personal Care

Listing ID: 54987

Listing Status: Available

Description

We are pleased to present a remarkable opportunity to acquire a well-established Massage Envy franchise, the largest massage therapy franchise in the nation. This particular location benefits from strong operational foundations, a robust membership base of approximately 600 Members, and a comprehensive range of services. - Professional Team: The franchise is staffed by 10 full-time experienced employees and 7 part-time workers, 13 rooms, including a dedicated manager. This skilled team specializes in massage therapy, stretch sessions, and facials, ensuring a high-quality wellness experience for every client. - Turnkey Operation: All upgrade fees have been paid, allowing the new owner to seamlessly transition without additional immediate investment. - Strategic Location: Situated near a proposed development of 2,000 homes, this location is poised for significant growth in clientele as the community expands. - Strong Management: The operation is currently absentee-owned with a competent and reliable manager overseeing day-to-day operations. The owner visits this site bi-weekly and provides oversight for multiple locations, ensuring a high standard of service and operational continuity. - Franchise Longevity: The franchise agreement extends for 10 years, with an option to renew for an additional decade, providing long-term stability. - Minimal Refresh Requirements: A franchise refresh is due every 10 years, with limited updates needed, minimizing future expenditures. - Owner Support: The current owner, who successfully manages multiple locations, will provide substantial support during the transition period to ensure continued success. - Founded: The franchise was established in 2016. - Location Insights: The owner primarily operates from another location in a different county allowing potential for increased local involvement by a new owner. - Cost to Build New Location: For those considering expanding, starting a new location like this one would require an investment of over $400,000 in build-out costs, emphasizing the value and opportunity of this existing setup. This franchise represents an excellent investment for anyone looking to enter a business with a solid existing customer base, strong community presence, and substantial growth potential. Whether you are a seasoned entrepreneur or first-time business owner, this Massage Envy franchise offers a pathway to success.

LISTING DETAILS

Total Sales: $737,369

Cash Flow: $67,704

FFE: $80,000

Inventory: $2,000

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
Mitchell Weinberger