NYC Boutique Wellness Franchise: $2.6M Deal Review

Connor and Heather break down a $2.6M Manhattan boutique stretching franchise, debating its “passive” claims, premium valuation, and if the trendy concept will stand the test of time. Business Listing – https://www.bizbuysell.com/business-opportunity/network-of-3-passive-boutique-wellness-centers-in-nyc/2308977/ Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them. Subscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1 Subscribe to our Newsletter: https://www.acquanon.com/newsletter Connect with us on Social Media: Twitter: https://twitter.com/acquanon LinkedIn: https://www.linkedin.com/company/acquanon 👋 Follow the Hosts Michael Girdley – Entrepreneur & investor. Twitter: https://twitter.com/girdley Bill D’Alessandro – CEO of Elements Brands. Twitter: https://twitter.com/BillDA Heather Endresen – SBA lending expert & advisor. Twitter: https://twitter.com/EndresenHeather Mills Snell – Small business investor & advisor. Twitter: https://twitter.com/thegeneralmills 💰 Sponsored by Capital Pad Looking to buy a small business or back someone who is? Capital Pad is a game-changing marketplace that connects acquisition entrepreneurs with capital. With standardized terms and governance, it makes investing in small businesses simple and transparent. Visit 👉 https://www.capitalpad.com and tell them Acquisitions Anonymous sent you! In this episode, Connor Groce and Heather Endresen take over the podcast to dive into a unique franchise resale: a network of three boutique assisted stretching studios in Manhattan, listed for $2.6 million. With gross revenues of $3.6M and cash flow of $536K, the business boasts an executive management model, minimal COGS, and strong recurring membership revenue — all packed into under 1,500 sq ft per location. Key Highlights: - Asking price of $2.6M on $536K cash flow, with $3.6M in revenue - Three boutique stretching studios across Manhattan with heavy foot traffic - Less than 1% COGS, but dependent on 1:1 labor model and younger staff - Established in 2022 under a fast-growing wellness franchise brand - Potential SBA financing hurdles for wealthy buyers due to liquidity rules - Connor admits he underestimated the business model back in 2019 - Both hosts worry about concept longevity vs. paying a premium multiple