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Massage Business, Bulleen

Spa & Wellness

ActiveServicesVictoriaB2C
Asking price
$189,000
Disclosed · AUD
Revenue
$520,000
TTM
Earnings (est.)
~$179,400
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.1×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A professional massage business on Bulleen's main street with heavy passing foot traffic, well fitted out with four treatment rooms. The same owner has run it for twelve years, building a loyal client base and a strong local reputation. The business trades fully under management and needs no hands-on experience from an incoming owner, with a six-year lease in place and low rent relative to turnover.

Spa and wellness businesses in Victoria

All 67
Listed
67
+14 in 30 days
Median asking
$80K
66 priced
Median revenue
$260K
60 disclose
Earnings multiple
1.8×
95 listings
Price drops
4
in 30 days
Asking price spread66 of 67 state a price
This listing · $189K
62%
26%
3%
Under $100K$500K–$1M

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