Established Therapeutic & Body Massage Center

Business Opportunity for Sale
Also listed as Office
Catylist Listing ID: 30800491
Property Subtypes: Health and Medical
Building Size (RSF): See Agent
Sale Price: $185,000
Name of Establishment: Body Wisdom Therapeutic Massage & Bodywork
Business Website Address: https://www.bodywisdomtoday.com/
Year Business Established: 2008
Gross Revenue: $273,526 (Annual)
Cash Flow: $108,276 (Annual)
Sale Terms: Cash to the seller
Last Updated: 5/17/2022

Overview / Comments

This Business Opportunity is located in the St Elmo area. This Chattanooga Landmark is the home of a Body Wisdom Therapeutic Massage & Bodywork Center, which has been in business since 2008 with over 2500 clients.

In 2021, The business generated a net income of $61,876 while charging itself a rent amount of $28,400.

***Seller would prefer to sell business and property together but the business can be purchased separately for $185,000 and continue to lease the property at $3000 per month.

Listing information is provided by the Owner and public sources and is deemed reliable but not guaranteed. The listing agent has not measured the space/building and does not guarantee the accuracy of the number of square feet or acreage. All Showings are strictly by appointment only. Contact the Listing Agent to schedule any showings.

The information contained herein was obtained from sources we consider reliable; however, we cannot be responsible for errors, omissions, prior sales, withdrawals from the market, or change in price. No representation or warranty as to the environmental or physical condition of the property and/or equipment is made, and the purchaser’s independent investigation and due diligence is strongly recommended.

DO NOT APPROACH THIS BUSINESS OR HAVE A DISCUSSION WITH EMPLOYEES WITHOUT THE LISTING AGENT'S PERMISSION. The building can be shown after 6:00 pm.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Industry Segment: Other Health and Medical
Reason for Selling: Seller is has relocated and will retire.
Value of Inventory Included ($): $3,000
Value of Furniture, Fixtures, and Equipment ($): $10,000
Real Estate Status: Leased
Value of Real Estate Included ($): $825,000
Employee/Labor Description: Currently four employees.
Mgmt/Training Support Description: Seller will train and assist for up 6 weeks.
Growth/Expansion Opportunities: Many opportunities to expand the current business model.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,081 44,413 105,200
Median Age: 36.28 33.78 36.11
Households: 904 16,896 42,535

Contact

Photograph of Listing Agent

David Melton

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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