View Listing

Business Listing

Listing No: 8784864
Category: Fitness: Massage Center
Description: Resorts & hotels EXCLUSIVE massage therapy

Business Details

Revenues: $209,521
Adjusted Cash Flow: $83,536
Selling Price: $250,000
Down Payment: $200,000
General Location: Tampa Bay Area

Executive Summary

This is a home based Massage Therapy business having a national contract with a major hotel chain and exclusive agreements with 25 other resorts and high end hotels. Their data base includes over 1000 residental customers of which 500 are active and 200 commercial accounts wirh 75 being active. They have 20 LMT's (Licensed Massage Therapist) independent contractors working for them paid on a 1099 basis. The manager works only part time and fills in for the owner as needed but depending on circumstances at the time, she may consider full time if buyer so desires. There is great growth opportunity for this business within the Tampa Bay area and beyond. The Seller believes that with a little marketing effort a new owner could quadruple the revenues within the current territory.

Last revision: 12/29/2009 9:53:00 AM

Contact us about this listing