Asking Price: $125,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Spavia is a premium business opportunity. Award winning Spavia day spa Lincoln Park Chicago has been operating successfully in Lincoln Park since 2015. Owner has a multi unit territory in highly profitable Chicago and North Shore market up to Highland Park. Owner is marketing a portion of the territory for either a city/urban or a more suburban opportunity to grow the brand beyond Lincoln Park. There is another owner in the southern part of the state opening a Spavia within the next two months. Spavia currently operates in multiple states across the US.
About the Business
Number of Employees:
Facilities range 2,500-3000 square feet which support treatment rooms along with male and female changing areas and a spa retreat rooms for our guests and members with amenities and personal locker rooms.
Spavia provides sensible investment to build an enterprise that will reward you both personally and financially. In fact, average gross revenue for mature Spavia Day Spa locations was $1,200,000 in 2016. We are in the affordable day spa resort business. We are not massaging only. Our highly customized and personalized support of our guests rivals hotel spas offering at a more affordable price.
Spavia day spa in collaboration with Franworth provides complete A-Z support beginning with site location, design, buildout, to systems and processes for all functionalities along with personalized online training for owners/specialists, marketing support, and post opening services. .
Third party funding vendor relationship to leverage and assist if needed
Expansion Opportunity - Growing National Franchise - Spavia Day Spa
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