Massage Businesses for Sale in Colorado

Well Established Massage Therapy Business

This is a great opportunity for working entrepreneur owner(s) to join one of the top national franchisors by purchasing two well-established locations in El Paso County, Colorado for a price that is equivalent to the start-up costs for one new franchise. The studios offer a comprehensive menu of massage, facial and skin care services provided by licensed therapists. It is their goal to enhance the lives of its members by caring for the mind, body, and spirit. All the hard start-up work has been done!! That is: finding ideal locations; completing initial leasehold improvements; obtaining necessary FF&E/Inventory, implementing franchise required accounting and operational systems and processes; recruiting and hiring qualified staff: training staff in proven operational techniques; and establishing a solid membership base through national/local advertising and word of mouth. The actual total startup costs for the two locations offered in this profile was $1,056,248; Unfortunately, when Covid was mostly prevalent in 2020-2022, it affected the number of therapists able to provide services as well as membership levels. Since then, it has been a slow, but methodical process to rebuild the businesses to pre-covid levels. Now staffing and memberships are returning to pre-covid levels and growing beyond. Today, these studios have a combined membership exceeding 1,400 which provide recurring revenue through defined membership programs and service enhancements. The membership retention rate is now well in excess of 90% yielding an annual revenue in 2022 in excess of $2,200,000. Current room utilization is only at ~30% of total capacity leaving significant room for growth. At this point, the current owners want to retire and begin a new chapter in their lives. New, energetic and innovative owner(s) can immediately step in and focus attention on more effective membership marketing, therapist hiring, and operational effectiveness to increase membership levels, revenues and profitability. The studios are located in very popular and high- volume shopping centers with great surrounding demographics which provide a large, served market base to market into. If you are looking for predictability, recurring revenue, strong franchisor support, a well- established business, and satisfied members, this is your opportunity.