Franchise Massage Business in Collin County Motivated Seller
Asking Price: | $110,000 |
Gross Revenue: | $436,226 |
Established Year: | 2015 |
Cash Flow: | $39,751 |
FF&E: | $15,000 |
Franchise Massage business for sale in Collin County, Texas! Motivated Seller! All offers will be considered! Established in 2015 by the current owner, this business has successfully cultivated a loyal and growing clientele. The only setback was the COVID-19 pandemic, the business was generating over $500K in revenue before the pandemic contributed to a temporary decline. However, the business has almost achieved a full recovery and is poised for further growth!
Owner is willing to finance with $50K Down!
This franchise offers a range of top-notch massage services, including deep tissue massages, Swedish massages, couples massages, sports massages, and more. Customers can also opt for memberships, unlocking perks like free massages or discounted sessions. The location in Collin County is ideal, situated in a retail strip center on one of the area's busiest streets.
The customer base primarily consists of mid to upper-income couples and individuals, with a strong representation of women. Over 400 customers maintain memberships at this business which has grown greatly from 300 memberships, generating a consistent flow of income. While there is some competition in the local market, this business stands out with its competitive prices and high-quality services.
Corporate has a marketing plan in place, but there's room for a more assertive local marketing strategy to boost memberships and, consequently, revenue. This location also boasts a proprietary database of 10,000 and growing customer email lists, which helps with gift card sales during holidays like Christmas, Valentine, Mother Day, etc. The current owner is hands-off in daily operations, focusing on crucial tasks such as hiring, firing, and bookkeeping. A qualified buyer with industry experience could smoothly transition into ownership and steer the business to new heights.
Corporate has just approved facials as an additional service that can be added as another source of revenue.
Adding facials will help increase revenue and expand its current customer base while helping cross-sell its services.
Don't miss out on this opportunity to step into a successful massage franchise in Collin County. Complete a Buyer Registration and NDA with V-AID to learn more!
Listing ID #001359
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