Premier Massage & Wellness Practice with Prime Real Estate

Fernandina Beach, FL
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Asking Price:$745,000
Gross Revenue:$310,672
FF&E:$12,500
Established Year:2006
Cash Flow:$125,000
Inventory:$1,000
Real Estate:$595,000
BUSINESS DESCRIPTION

Owner retiring! Take advantage of this turnkey therapeutic wellness practice with prime real estate in Fernandina Beach. Manager in place, all sellers patients transitioned to her employees. No one rents a room.
Seller has built a reputation as a therapeutic body worker that incorporates holistic methods, including various therapeutic massage capabilities to make customized treatment plans suitable to your changing needs. With over 40+ years of massage expertise, the practice continues to deliver consistent results with four full-time and two part-time employees, serving many of its original clients and numerous other satisfied repeat customers. The team is proficient in Therapeutic body work, Herbalism, Muscle Response Testing, and healing through energy work, as well as using Neuromuscular Therapy and intuition to release hidden emotions in the muscles. All therapists are Licensed Massage Therapists in Good Standing with the Florida Board of Massage Therapy.

There are 4 treatment rooms available, along with a larger room that could be split into 2 or 3 separate rooms.

Seller earns rental income from the business as owner of the building SDE including rental income $125k

Call Ed Randall at (904) 239-7534 or Rick Gardner @ (330) 604-0276


DETAILED INFORMATION
Location
Fernandina Beach, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,510
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Included in asking price.
Competition
The practice and real estate are in a prime location close to downtown Fernandina.
Growth & Expansion
Referrals comprise almost 100% of new business The company has not recently done aggressive marketing aside from its present website, flyers and networking events. Opportunities for the new owner to further market the business exist.
Financing
NA
Support & Training
Seller has transitioned all her patients to her employees, only losing 1 client! Manager is in place with Certificate to Manage, bookeeping is her CPA. Clean books. Transition period of 30 days, but negotiable up to 3 months, dependent upon negotiation of other terms. 3 FT 1099 and 2 PT hourly employees.
Reason for Selling
Retirement
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Ed Randall
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Ed Randall