Asking Price: $175,000 Gross Revenue: $740,383Cash Flow: $83,072 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $67,311 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.
This luxury day spa that features massage, skin care and nail care. It also sells a broad line of retail products. From its inception in 2000, its mission has been to pamper customers within an environment of elegance while providing spa services at an affordable price.
About the Business
Number of Employees:
3 FT/10 PT
The spa was designed and constructed by an interior designer and luxury home builder. Its 2900 square foot suite includes two waiting lounges, nine treatment rooms, separate men's and women's restrooms that each include private shower facilities and individual dry saunas, a manicure/pedicure area with two stations, reception area, front office and a breakroom/laundry/supply area.
The entire space has a fresh feel and is move-in ready for a new owner. The spa suite includes a distributed sound system that plays the same low-level music throughout the spa.
Day spas are often seen within strip centers of this market area. Generally these establishments come and go, change names, and experience high employee turnover. This business sets itself apart with its highly-skilled, long-term staff providing custom massage therapy in an environment of elegance. The walk-up appeal of this day spa is unmatched in its market.
Growth & Expansion:
While the spa is located in a decades-old affluent subdivision, nearby residential and business development has exploded in recent years. The spa has not added a reach-out to this new development. It currently does not market aggressively and does no direct mail marketing. With a revitalized marketing plan, top line revenue of $1MM is within reach for a new owner.
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 & Conditions.