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High Client Retention Massage Therapy Practice

Spokane, WA

Seller Financing Available

listing image
Asking Price:$150,000
Gross Revenue:$125,774
FF&E:$8,560
Cash Flow:$41,278
Rent:$1,665/Month
Established Year:2017
Listing ID: 2313207Listing provided by BizBuySell
BUSINESS DESCRIPTION

Many Growth Opportunities

Be Still Wellness is a thriving massage therapy business with a strong reputation for delivering exceptional service and holistic wellness solutions. Located in the heart of Spokane, WA and built on a foundation of faith, this established business has built a loyal client base and is renowned for its tranquil ambiance, skilled therapists and comprehensive range of services.

Key Attributes
- Prime Location: Situated in a densely populated area of Spokane with easy accessibility and exposure to well paying clientele base.

- Strong Revenue: Six figure gross income with consistent growth potential
Established Clientele: A loyal clientele base with a 75% return rate. Positive word-of-mouth referrals and ample 5 Star Google reviews.

- New Clientele: Averaged 17 new clients each month in 2024
Well Equipped Facility: Beautifully designed space with all the supplies you could need to run a thriving practice, including private treatment rooms, a welcoming reception area and a break room.

- Comprehensive Service Offerings: Includes deep tissue massage, Swedish massage, hot stone therapy, prenatal massage, aromatherapy, cupping therapy and more.

- Marketing and Online Presence: Strong online presence with an engaging website and active social media profiles. Effective marketing strategies in place to attract new clients and retain existing ones.

ATTACHED DOCUMENTS
Business Listing Flyer_Be Still Wellness_12.16.24.pdf.pdf Download
DETAILED INFORMATION
Location
Spokane, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
30/09/2026
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business occupies a 800SF space in a multi tenant medical building. This is a Gross lease with no additional monthly expenses to the Tenant. The base rent will increase 4% each year on October 1st. There are three 3-year options to renew. The lease is assignable. The business is completely furnished and functioning making it a turn-key business opportunity. All of the hard assets of the business are included in the price. The current book (depreciated) value of the assets is about $8,560. Replacement value would probably be far greater.
Competition
Current industry trends are favoring niched services like Lymphatic Drainage, cupping, deep tissue to name a few. Economic trends have had little effect on sales. Be Still Wellness clients are looking for stress and mild pain relief. They service your average office worker with daily aches and pains and a lot of weekend warriors. Most of Be Still Wellness’ clientele are fairly healthy living healthy lifestyles and are looking for the added support to their body and mind.
Growth & Expansion
Expand Services such as stretching sessions, craniosacral, lymphatic drainage or esthetics. Expand the Team. The facility has plenty of room and booking times to have a team of 5-6 Massage Therapists. Implement Membership Programs to ensure steady, recurring revenue. Invite other professionals into your space to increase revenue and set up an in house referral system. Increase Prices. The more you niche your services offerings (see above) the more clients are willing to pay.
Financing
SBA Pre-Approval
Support & Training
2 five hour days per week of training for 4 weeks at no cost to the buyer and seller will continue to operate the business throughout this training period. Then seller will be available for an additional 1 day per week for 4 weeks. The Seller will be available by phone and email as needed for another 4 weeks.
Reason for Selling
Family transition with young children
BUSINESS LOCATION
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Kyhra Strampe
Phone Number
Kyhra Strampe
Call Phone