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Listed by:

NorWest Business Sales, Inc.

Broker license number: 840700006

Massage Clinic And Teahouse Fun And Easy For Sale

Portland, Oregon
Asking Price:
$130,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$265,000 (USD)
Cash Flow:
$65,000 (USD)

This Clinic was a start up in 2015 with an intelligent plan in the owners’ mind. She didn’t want just another “Massage Clinic”, she wanted something that was warm and inviting with varying levels of body work that would fit the public’s budget. How to do this? “The answer became the Clinic's innovative tiered pricing in correlation to the skill level of the massage therapist. The transparency of experience as a direct tie to pricing has been an extremely well received aspect. The clinic employes 4 part time desk people and has 5 private contract LMT's.

Property information

Real Estate:

Lease

Lease Terms:

The lease expires in may of 2020 and has 2 - five year options to renew.

Leasehold Rent:

$34,000 (USD) per annum

Location:

Nice ambiance, clean and comfortable. Awesome location in a rapidly growing community and on a main thoroughfare. Good lease. It has 2 - five year options when it expires in 2020.

Business Operation

Expansion Potential:

Expansion:
The vision for this Clinic over the next 5-10 years would be growth and expansion to another up-and-coming neighborhood of Portland and/or surrounding areas. This would be accomplished through proven targeted marketing such as street and health fairs, artist's opening parties, and local advertisements. Exploring additional marketing through the cultivation of referral relationships with surrounding complimentary businesses would also be key to future sustained growth. NOTE: It is not necessary for the buyer to be a Licensed Massage Therapist (LMT) if they are the managing entity and not practicing bodywork.

Competition / Market:

The only competitors are the Physical Therapy and Medical clinics in the area and there are only 2 of those.

Reasons for selling:

She is about to have her first child and cannot spend the time necessary to keep the business growing.

Trading hours:

M - F 10 a.m. - 8 p.m.
Sat. 10 a.m. - 6 p.m.

Employees:
4 PT and 5 independent contractors (massage therapists-LMT)
Years established:
4.5

Other Information

Support & training:

Training will be determined by the amount and kind of background the buyer has

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be negotiated once the buyer has provided a resume', financial statement and a recent credit score from the major credit monitoring companies.

Furniture / Fixtures value:
$15,000 (USD) - included in the asking price
Inventory / Stock value:
$500 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Listed by

NorWest Business Sales, Inc.

Broker license number: 840700006

Contact Information

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