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Profitable Massage Business in Attractive Location

Profitable Massage Business in Attractive Location

Wyoming

About

Established massage business located in Wyoming. This well-known and respected massage business caters to local residents year-round and visitors to this destination hot-spot during peak months. The therapists offer in-office and in-home massages and range from traditional Swedish Massage and Deep Tissue to Thai Massage and Hot Stones.

The team of dedicated and loyal therapists provide consistent services with over 40 Google Reviews with a 5.0 Rating. The business has grown by word of mouth, web searches, resort relationships, visible location and minimal marketing efforts. The current owners have taken up to a month off at a time to relax and the business is still thriving even after the recent Covid-19 pandemic.

The business was established in 2013 and after 9 years of successfully growing this business, the owners are ready to retire. Owners want to travel and make some life changes but are available to help any new owner in the transition.

Details

Number Of Employees: 0

status: Sold

Revenue: $437,112

Cash Flow: $203,486

Multiple: 2.3x

Reason for Selling: Retirement

Owner Transition: Owner will train and support new owners up to 6 months to ensure a successful transition.

Asking Price: $450,000

Years in Business: 11

Asset Sale: Yes

Price: $450,000

Featured Properties: TRUE

Established year: 2013

FF&E: $13,903

Inventory: None

Financing: Seller offering 10% Financing

EBITDA: $73,504

Manual sort: 8

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