Catylist ID: #30800491
Established Therapeutic & Body Massage Center
Business Opportunity for SaleAlso listed as Office
|Catylist Listing ID:||30800491|
|Property Subtypes:||Health and Medical|
|Building Size (RSF):||See Agent|
|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|
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 $3000 per month.
Listing information is provided by the Owner and public sources and is deemed reliable but not guaranteed. The listing agent has not measured the space/building and does not guarantee the accuracy of the number of square feet or acreage. All Showings are strictly by appointment only. Contact the Listing Agent to schedule any showings.
The information contained herein was obtained from sources we consider reliable; however, we cannot be responsible for errors, omissions, prior sales, withdrawals from the market, or change in price. No representation or warranty as to the environmental or physical condition of the property and/or equipment is made, and the purchaser’s independent investigation and due diligence is strongly recommended.
DO NOT APPROACH THIS BUSINESS OR HAVE A DISCUSSION WITH EMPLOYEES WITHOUT THE LISTING AGENT'S PERMISSION. The building can be shown after 6:00 pm.
|Industry Segment:||Other Health and Medical|
|Reason for Selling:||Seller is has relocated and will retire.|
|Value of Inventory Included ($):||$3,000|
|Value of Furniture, Fixtures, and Equipment ($):||$10,000|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$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.|
|Proximity:||1 mile||3 miles||5 miles|
David MeltonPointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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