This Spa has had highest ratings in the area year after year. Small personal business not a chain with no personal touch. They specialize in skin care, hair removal, care products and massages. Located in a high end town in Westchester County. They have been rated very highly by the media and their clients for years on end. The business is fully equipped with machines and equipment worth over $70,000. 5 treatment areas and excellent space for the services offered. Very fair rent and lease. The business is 40 years old and the current owner has owned it the last 14 years. This is an excellent opportunity for expansion of a current spa with an additional location or a great opportunity for a spa worker looking to get their own business. The business is very stable with tremendous upside opportunity. Convenient parking. Very active town. Located on the Main Street in town. Clients are very loyal. More info to be shared upon signing a confidentiality agreement. Serious inquiries only.
About the Business
Number of Employees:
Building Sq. Ft.:
1100 sq ft street level store type. On Main street ... plenty of available parking. Built out to fit spa needs. 5 treatment rooms. Great waiting area with product displays.
Plenty around but not with the same rating credentials. This spa rated very highly by the media and it's clients.
Growth & Expansion:
Other services can be added as can better social media and marketing.
Asking Price: $350,000 Gross Revenue: $870,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: $150,000 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.
Well Established...Popular Day Spa in High End Town
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