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Address Not Available By Request

Panama City, FL 32405
  • $99,000
  • STATUS: Active
  • ON SITE: 289 Days
  • MLS #: 746157
UPDATED: 163 min ago
$99,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

Business Only:Established in 2012, this massage & float therapy clinic, has built up a trusted reputation for both locals and visitors across Bay County with an active customer base of over 10,000 customers. The services offered at include: Massage Therapy, Float Therapy and Yoga Studio. The wellness and massage industry is experiencing steady growth as more people prioritize self-care and stress relief. This clinic offers a solid foundation for a new buyer, and there are still untapped opportunities for growth. The Float Therapy pods were brought on in 2021 and the clinic has already had over 450 float therapy sessions. There is no other massage therapy/float therapy spa in Bay County. In addition, there is a beautiful yoga studio that the owner rents out for yoga classes - and plenty of growth to be had in that space.Another unique feature that My Massage Clinic offers is that they are a Department of Veterans Affairs (VA) approved provider for massage therapy. According the US Census*, over 11% of Bay County's population are veterans. This is a great opportunity to help the men and women who have served.My Massage Clinic has the operational processes, equipment and people in place. There are 9 part-time massage therapists on staff (all W-2 employees) and 1 full-time office manager that handles much of the day-to-day operations. Additionally, 3 rooms are rented by independent massage therapists, generating additional income in rent to the business. Inventory: Included in asking priceReal Estate: LeasedBuilding SF: 3,500Lease Expiration: 2027Employees:8Furniture, Fixtures, & Equipment (FF&E): Included in asking priceFacilities: Beautiful newly built out facility is over 3,500 square feet. There are 7 therapeutic treatment rooms, 2 float therapy rooms, and approximately 600 square feet of open space that has been used as a yoga studio and for classroom/workshop uses. In addition, there is a designated space for a waiting area and ADA compliant restrooms. The facilities are fully equipped with massage tables and inventory needed, making this a seamless transition.Competition: The business has been established for over 12 years. In that time a loyal customer base has developed. This is the only massage therapy and float therapy spa in Bay County. According to the Bureau of Labor Statistics the industry for Massage Therapy is growing at a rate of 20% - much higher than average! Growth & Expansion: Growth opportunities for this business include expanding the float therapy and yoga studio portion of the business through more dedicated marketing efforts.Support & Training: The owner is willing to stay on for training up to a month post-closing. In addition, there is a staff member that is currently managing many day-to-day operations and that employee would be willing to stay on after the sale should the new owner desire.Reason for Selling: Owner pursuing new opportunity

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© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clubbs Real Estate Group LLC. Data last updated: 2024-06-22T09:04:21.243.
www.clubbsresidential.com/homes/143121741
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Address Not Available By Request Panama City, FL 32405

  • Price: $99,000
  • Status: Active
  • On Site: 289 Days
  • Updated: 163 min ago
  • MLS #: 746157
0
Beds
0
Baths
0
½ Baths
0.54
Acres
1991
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Central
Elementary School:
Hiland Park
Middle School:
Jinks
High School:
Bay
Property Description
Business Only:Established in 2012, this massage & float therapy clinic, has built up a trusted reputation for both locals and visitors across Bay County with an active customer base of over 10,000 customers. The services offered at include: Massage Therapy, Float Therapy and Yoga Studio. The wellness and massage industry is experiencing steady growth as more people prioritize self-care and stress relief. This clinic offers a solid foundation for a new buyer, and there are still untapped opportunities for growth. The Float Therapy pods were brought on in 2021 and the clinic has already had over 450 float therapy sessions. There is no other massage therapy/float therapy spa in Bay County. In addition, there is a beautiful yoga studio that the owner rents out for yoga classes - and plenty of growth to be had in that space.Another unique feature that My Massage Clinic offers is that they are a Department of Veterans Affairs (VA) approved provider for massage therapy. According the US Census*, over 11% of Bay County's population are veterans. This is a great opportunity to help the men and women who have served.My Massage Clinic has the operational processes, equipment and people in place. There are 9 part-time massage therapists on staff (all W-2 employees) and 1 full-time office manager that handles much of the day-to-day operations. Additionally, 3 rooms are rented by independent massage therapists, generating additional income in rent to the business. Inventory: Included in asking priceReal Estate: LeasedBuilding SF: 3,500Lease Expiration: 2027Employees:8Furniture, Fixtures, & Equipment (FF&E): Included in asking priceFacilities: Beautiful newly built out facility is over 3,500 square feet. There are 7 therapeutic treatment rooms, 2 float therapy rooms, and approximately 600 square feet of open space that has been used as a yoga studio and for classroom/workshop uses. In addition, there is a designated space for a waiting area and ADA compliant restrooms. The facilities are fully equipped with massage tables and inventory needed, making this a seamless transition.Competition: The business has been established for over 12 years. In that time a loyal customer base has developed. This is the only massage therapy and float therapy spa in Bay County. According to the Bureau of Labor Statistics the industry for Massage Therapy is growing at a rate of 20% - much higher than average! Growth & Expansion: Growth opportunities for this business include expanding the float therapy and yoga studio portion of the business through more dedicated marketing efforts.Support & Training: The owner is willing to stay on for training up to a month post-closing. In addition, there is a staff member that is currently managing many day-to-day operations and that employee would be willing to stay on after the sale should the new owner desire.Reason for Selling: Owner pursuing new opportunity
Exterior Features

Levels One Stories 1

Property Features

Association YN No Building Area Total 8001 Business Name My Massage Clinic Listing Agreement Exclusive Right To Sell Occupant Type Occupied Property Sub Type Business Property Sub Type Additional Business Special Listing Conditions Listed As Is Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Anchor Realty Florida: (850) 899-7999. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clubbs Real Estate Group LLC. Data last updated: 2024-06-22T09:04:21.243.
 
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Clubbs Real Estate Group LLC
1103 Fortune Avenue
Panama City FL, 32401