Asking Price: $618,000 Gross Revenue: $764,360Cash Flow: $234,116 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $16,500 not included in asking priceFF&E: $20,687 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.
Profitable! Double-digit growth in sales every year since it began. Strong brand recognition for luxury and service. NOT a franchise. Outstanding location. Fantastic Interior design. Recognized as one of the best spas in the U.S. Rated very highly by media and clients. There is room to grow in its current location and expand to new locations. The newly launched online store adds another revenue stream.
About the Business
Number of Employees:
3 FT/16 PT
Location, location, location--this modern spa is located near the best upscale shopping and restaurants in the state and is in the heart of a vibrant city center and growing employment hub. 10 year lease, currently in year 4. The lease includes convenient complementary parking for clients.
Its growth each and every year shows its brand as an attractive, modern luxury spa focusing on its clients is out performing the competition.
Growth & Expansion:
It is continuing to grow from its reputation and booming location. A New Owner could open the spa 7 days a week and offer longer hours. A major employer has approached this owner to expand near their headquarters. With its strong reputation and brand recognition it is poised for expansion.
Will train for 4 weeks @ $0 cost. Full service day spa and nail lounge with massage, facials, lashes, hair removal, nail care, body treatments, seasonal specials. 18-20 employees with a full-time Manager. New Owner needs good marketing and management skills.
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or stake in the sale of this business and has not verified any of the information
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