Asking Price: $669,000 Gross Revenue: $74,643Cash Flow: Not DisclosedEBITDA: $61,845Inventory: $5,000 included in asking priceFF&E: $50,000 included in asking priceReal Estate: $750,000 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.
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
Hallandale Beach, Florida
Number of Employees:
Building Sq. Ft.:
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.
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.
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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
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