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Available franchises

Multi-Unit (two) National Massage and Spa Franchise

Listing No: 993294 | Category: MedSpa | City: | County: Dakota, | State/Prov: Minnesota

Photo of 993294

Price:
$1,350,000


Down:
$202,500


Gross Revenue:
$1,547,162


Owner Benefit:
$175,751


EBITDA:
$175,751

Business Description

Take advantage of this opportunity to own a successful multi-unit (two) nationally branded massage and spa services franchise without all the initial startup cost and concerns. This is a well-established turnkey operation consisting of two thriving locations in Greater Minneapolis. For the last nine years, the current franchisee has developed an exceptionally strong membership base. This franchise brand is often highly ranked and is well known for its 1,000 plus locations nationwide. Contact us to learn more about this great opportunity.
  • Inventory: $4,000
  • FF & E: $70,000
  • Leasehold: $482,108
  • Lease Total/month: $17,293
    • 01) Base Rent/month: $12,000
    • 02) Triple Net/month: $5,293
      • 2a) Maintenance/month: $2,585
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $2,708
    • 03) Sales Taxes/month: $10,400
    • 04) Other (etc.)/month: $0
  • Square Footage: 6439
  • Building Type: single level
  • Terms & Options: N/A; Expiration Date: 9/30/2018

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