This is a high-end spa in upscale area of the Triangle with an excellent reputation for customer service. It not only offers the standard massage and facials common in most spas but distinguishes itself above others by offering world-class facilities and equipment. There are also chiropractic and educational wellness events that draw crowds on a monthly basis.
This is a cash-flow positive business. It is currently being run as a semi-absentee owner with an experienced full-time manager who is willing to stay on. Chiropractor is willing to continue as a wellness educator or, as a treating chiropractor in the event of a chiropractic sale.
About the Business
Number of Employees:
Building Sq. Ft.:
Over 4,000 clients, $5000 of retail inventory, all massage tables/equipment, all facial equipment/supplies.
Asking Price: $179,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: $336,000Inventory: $5,000 included in asking priceFF&E: $120,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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