Well Established...Popular Day Spa in High End Town

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Highly Reputable and Profitable Day Spa in Upscale Town!

Business Description

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

Year Established:
1978
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
1,100
Lease Amount/Mo.:
$2.55
Lease Expiration:
7/1/2019
Facilities:
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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
60 days free transition
Seller Financing:
100000

Listing Info

ID:
1576145
Ad Detail Views:
0
Asking Price:
$350,000

Gross Revenue:
$870,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
$150,000
included in asking price

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Business Listed by

Vince Basso

Basso Associates, LLC

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U.S. Census Data for Westchester County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Westchester County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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