Hot Listing

Luxury 24/7 Spa in the heart of New York City NYC Manhattan:

Asking Price$3,000,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave
Hot Listing

Luxury 24/7 Spa in the heart of New York City NYC Manhattan:


Asking Price$3,000,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Nestled in the vibrant streets of Koreatown, this 9,000 sq ft sanctuary is spread across 3 opulent floors. A golden opportunity to own a thriving business with a staggering $2.5M in gross revenue per annum!

From the tranquil celebrity room to the cutting-edge igloo sauna, this spa offers a variety of treatments including body scrubs, massages, and specialty facials. Indulge in the unique Thermo-Stone therapy or 24/7 relaxation in Japanese style soaking tubs.

Perfect for private events and parties, this spa promises not just a service, but an experience. Your gateway to becoming the pinnacle of wellness luxury in New York City.

[Owner-operated for 25 years, now selling due to retirement. Seller is highly motivated to sell.]
About the Business
Number of Employees
17
Facilities & Assets
5th Floor: Reception Desk, Women's Locker Room, Men's Locker Room, 3 Treatment Rooms (each with multiple tables), Lounge Area, Tea Bar, 2 Dry Saunas, 1 Steam Sauna, Shower Area & Individual Shower Rooms, Scrubbing Area, 2 Restrooms, Staff Kitchen, Laundry Room.
4th Floor: Reception, Lounge, Locker Room, 4 Treatment Rooms (each with multiple tables), 2 Dry Saunas, 1 Steam Sauna, Storage & Staff Locker Room, 2 Restrooms, 2 Scrubbing Areas, 2 Jacuzzi Rooms (VIP room)
6th Floor:3 Treatment Rooms (each with multiple tables), 2 Group Rooms, Skincare room
Market Outlook / Competition
This business is popular with celebrities and offers large packages that make management easy. It's in a prime location with great access to public transport, known by everyone. High profits come from many returning customers, making it a top choice in its market.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
10,000
Rent
$50,000.00 per month
Lease Expiration
3/1/2031
About the Sale
Seller Motivation
Owner-operated for 25 years, now selling due to retirement. Seller is highly mot
Transition Support
Owner willing to train 1 month. Full training and full support. However, the environment is designed for easy operation.
Listing Info
ID
2226551
Listing Views
3827

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Thomas Kang RE/MAX NOW

Listing ID: 2226551 The information on this listing has been provided by either 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 full Terms of Use. Learn how to avoid scams.