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Businesses For Sale > Business For Sale in Palo Alto and Half Moon Bay, California (CA)

Manage online, this 2 Location Massage Center Silicon Valley for sale in Palo Alto and Half Moon Bay, CA

Palo Alto and Half Moon Bay, California (CA)

Asking Price: Gross: Cash Flow:
$ 80,000 $ 175,000 $ 50,000

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
This business all but runs itself with 1500 clients and 6 massage therapists, receptionist and all services covered. The 9+ years of community goodwill and reputation is that it employs the best, advanced massage and bodywork practitioners. Strong online presence with website, 142+ local search directories and all social sites up and running. 5-star ratings and reviews: ..https://www.yelp.com/biz/balancenter-massage-half-moon-bay-.5.https://www.yelp.com/biz/balancenter-massage-palo-alto-3For more information email [email protected]

 

   
Year Business was Established: 2007
   
Number of Employees: 6  
   
Facilities / Terms of Lease: First Location: Balcony on Main Street with a shot of the ocean a mile away. Three massage tables in two rooms, one for couples, a waiting room and the restrooms around the corner. The three year lease expired a couple years ago but the landlord is a handshake kind of guy and is open to signing a new lease with you. He built out the upstairs office for us a year ago with soundproofing everywhere, and operable tripple-pane windows and is finishing painting the building an elegant white with dark brown railings, soon. Location 2 is in the business district below Stanford University in Palo Alto. Single room, ground floor with low rent, described as "cozy" and warm in 5-star reviews. Restrooms around the corner.  
   
Potential Growth/Expansion: Included in the prospectus you will receive is a marketing plan that would help you increase revenue to potentially multiple times what it is now. Why am I not making it more successful? I have been in this business 10 years, the industry 28... I'm a little burned out. You? Fresh and new.  
   
Competition: People come regularly from San Francisco and San Jose to this beautiful tourist town on the California coast and the bustling downtown Palo Alto location. You could add more spa-like services, develop relationships with hotels and medical practitioners in the area. I had gone to BNI, Rotary and the Chamber but have really slacked off. You could increase income very easily just by being interested. There are a couple cheap spa places, and the very pricey Ritz Carlton. Some independent massage therapists usually working from their homes or small offices, but there is no other dedicated, high quality massage center in the Half Moon Bay area. Palo Alto has a couple higher level bodywork places but no real competition in the immediate area. There is a spa, watercourse way but it's such a different flavor I doubt we'd share clients very often.  
   
Owner willing to finance: $40,000 down and I'm happy to help you apply for financing. I want you to be successful and will help wherever I can.  
   
Owner willing to train: Reasonable and negotiable. Beyond introductory training, we are available for consulting as needed at a reduced rate. I am a business consultant/advisor with 28 years experience in this industry. www.TheChangeFoundry.com Also, the receptionist knows her w  
   
Reason for selling: I've moved on to start two shiny new companies that want more of my attention and time. You have so much room for improvement and frankly, I"m fine with letting you cash in - I'm onto other projects now and wish you complete success. In fact, I'll help!  
   
Seller Reference Number: bm318642085
BusinessMart.com Listing Number: 204691
 

 

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650-201-9558
Leighanna Murphy

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