773.243.1603
773.243.1603
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Listing ID:3N1031

SOLD – Multiple Location Franchise Massage/Spas SBA Financing – 15% Down 3N1031

Sold

Massage Envy has grown to be the number one rated massage and spa services franchise in the U.S. These two clinics were established over five years ago and now have over 2,000 members. Most members use autopay, ensuring the business has a recurring revenue stream. Sales surpassed $2.3M in 2017 with cash flow over $310k. Each clinic is staffed with well trained managers and employees.

The owner does not work day to day in the business. Strong retail and residential growth in the surrounding areas presents an excellent opportunity for a new owner – operator. This is a turn-key business with a recognized top brand name behind it. SBA financing is available to a qualified buyer as well as training from the owner, For more information please call 773-243-1603.

Transcation Details

  • Location

    USA, Chicagoland Area, Illinois

  • Results
  • ESTABLISHED IN

    2013

  • Real estate Included

  • Full-Time Employees

    35

  • Franchise

    Yes

  • Industry

    Service

  • Reason for Selling

    Other Business Opportunities

  • Inventory Included

    Yes

  • Part-Time Employees

    27

  • Business

    SOLD – Multiple Location Franchise Massage/Spas SBA Financing – 15% Down 3N1031

  • Acquirer

  • Annual Revenue

    $2,339,228

  • Annual Cash Flow

    $310,591

  • Seller Financing

  • SBA Financing

    Yes

  • Listing Price

    $1,116,000

  • Acquisition Highlights

Domenic Rinaldi, CBI