Therapeutic Massage Franchise
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Established in December 2007, this therapeutic massage franchise exclusively offers massage services in a professional, affordable, convenient and retail format. Located in a busy South Shore shopping plaza, the 2,000 SF studio features an elegant reception area and five professional private massage rooms. Founded and backed by the most successful fitness training franchisor and model in the industry, this massage franchise signs their clients up for a 12 month massage regimen, and offers Swedish, Deep Tissue & Trigger Point, Sports, Prenatal and Hot Stone massages.
This business booked 21 massages in their opening month of December 2007 and 169 massages in February 2008, the increase highly attributable to the effective Corporate marketing program that was implemented locally. The breakeven point is approximately 170 massages per month. Monthly overhead includes payroll, rent, royalty fees, advertising and utilities of approximately $15,500.
The 2,000 SF facility includes an elegant reception and waiting area, five professional private massage rooms, storage room, closet, employee break room, and customer and employee bathrooms. The monthly rent is approximately $4,400, which includes all common area maintenance charges. The lease term is for five years.
The owner is a construction contractor by trade. His plan was to purchase the master franchise rights for ten Massachusetts locations, both north and south of Boston, build out the studios and sell them as fully operational businesses. To date he has built two locations and sold one. There is an option to purchase multiple locations, as well as to purchase the entire master franchise rights for the ten locations, which includes a royalty stream from two locations at this time.
The owner will provide a two week transition. In addition, the franchisor will provide a full week of training at their corporate offices at no charge. Contact for more information on this Massage franchise for sale.
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