Stunning Spa Including Real Estate On Collins Ave

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Seller financing available !!! Pay a loan instead of Rent
Asking Price:
$669,000

Gross Revenue:
$74,643
Cash Flow:
 Not Disclosed
EBITDA:
$61,845
Inventory:
$5,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
$750,000
included in asking price

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Business Description

Own your spa and the building, never pay rent again !!! Amazing Location across from the Beach, located on Ocean Dr ground floor 2 story condo of a 20+ level condo building offering massage services and facials. Real Estate must be sold with the business. 6 treatment rooms with lobby, kitchen, 2 bathrooms, 2 shower rooms, break room, office and storage all expertly built out. Business has been in this location for the last 10 years with repeat clients and also attracts clients from the nearby condos and hotels.
Can easily be converted to a medical services office such as chiropractor, doctors office or plastic surgery. ground floor is 838 sf and 2nd floor is 707 sq ft. Elevator installed to take disabled guests upstairs.

If you are interested please visit www.flabusinesses.com and enter your information under buyer registration.

About the Business

Location:
Hallandale Beach, Florida
Year Established:
2008
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
1,535
Facilities:
Beautifully built out 2 story condo on ground floor of large well known condo building in Hallandale Beach. Spent over $300000 on build ou. Located next to large hotels and condo buildings that have no spa.
Market Outlook/
Competition:
Location is fabulous. Ground Floor of large condo building with many other buildings close by. Many offices close also. Seller is retiring and not marketing the business. All this business needs is youth and energy and will grow rapidly.
Seller is running the business as semi-retired, growth potential is fantastic
Growth & Expansion:
Very little marketing done currently, Can also be converted to a medical office very easily.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
1 week no cost
Seller will hold a note for qualified buyers
Seller Financing:
350000

Listing Info

ID:
1616477
Ad Detail Views:
0

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Business Listed by

paul barnes

FLORIDA BUSINESS BROKERS & REALTY
License# BK665747

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