Return to search results

NEW PRICE - Massage Envy Franchise in the Four Corners Area

Farmington, NM (San Juan County)

Seller Financing Available
Successful & Established Turnkey Business in Farmington NM
Contact Seller

Asking Price: $225,000

Cash Flow: $127,472

Gross Revenue: $812,793

EBITDA: N/A

FF&E: $89,494

Inventory: $5,000

Rent: $1.65 /Month

Established: 2013

NEW PRICE - Massage Envy Franchise in the Four Corners Area

Save Print Share Valuation Report

Business Description

NEW PRICE - Massage Envy Franchise in the Four Corners Area

This turnkey Massage Envy clinic enjoys a high-traffic location in Farmington, New Mexico’s premier shopping center. New owners will inherit strong recurring income, a known presence in the local market, and over $225,000 in leasehold improvements. The staff and systems are in place to support your continued success. The general manager who is responsible for all the day-to-day operations currently earns an annual salary of $50,000.

Since 2002, Massage Envy’s affordable-membership model has propelled the chain and its eye-catching storefront spas to 1,200 U.S. locations. The national membership base numbers over 1.5 million people.

The franchise offers a variety of massage, facial and skin care treatments in the rapidly growing wellness industry. The chain has claimed nearly 50 percent of the franchised day-spa market. Forbes ranks it the #10 Best Franchise to Buy in its 2018 rankings.

Seller is offering to cover the franchise transfer fee for a qualified buyer. Franchise requirements include $150,000 cash on hand with a minimum net worth of $500,000.

Detailed Information

Location:
Farmington, NM
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
2/4/2023
Employees:
14 FT, 7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,600 SF suite located at Farmington’s Four Corners Marketplace shopping center next to Albertsons.
Competition:
Massage Envy is the market leader with more than a decade of success and an innovative business model. Competition at this size and scale in the local market is limited
Growth & Expansion:
This is a great opportunity to own an established, turnkey clinic or become a multi­franchisee. The parent company’s robust marketing and advertising program helps drive new memberships.
Support & Training:
Full-­time manager and experienced staff in place. The parent company will provide significant initial and ongoing training and support.
Reason for Selling:
Other obligations and commitments require the Seller's attention.
Franchise:
This business is an established franchise
Business Website:
http://www.massageenvy.com/
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1466202 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


American Business Systems

Franchise Opportunity
Capital Required: $26,990