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National Massage Franchise For Sale In Hennepin County, MN

Listing No: 993440 | Category: MedSpa | City: | County: Hennepin | State/Prov: Minnesota

Photo of 993440

Total Purchase Price:
$595,000


Down:
$148,750


Gross Revenue:
$947,486


Owner Benefit:
$171,145


EBITDA:
$121,588

Business Description

Join the world’s largest and most successful massage franchise brand. This is a huge opportunity to purchase a well-established massage and facial services business with a consistent recurring revenue stream already in place. This location has been in operation for over 5 years and has an established clientele. A new owner can take this business to a new level by expanding the number of therapists and continuing to execute the new skin care service offerings. The current owner is confident in the future of this business and is willing to finance part of the purchase price for a qualified buyer. This business has been SBA lender pre-qualified and all equipment is included in the purchase price. Contact us now to learn more about this exciting opportunity!
  • Inventory: $12,828
  • FF & E: $99,826
  • Leasehold: $205,484
  • Lease Total/month: $9,369
    • 01) Base Rent/month: $7,632
    • 02) Triple Net/month: $1,643
      • 2a) Maintenance/month: $597
      • 2b) Insurance/month: $55
      • 2c) Property Taxes/month: $991
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $94
  • Square Footage: 2943
  • Building Type: Shopping Center
  • Terms & Options: 10 year with 5 year renewal option; Expiration Date: 1/31/2022

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