This cozy spa & wellness center is where culture meets wellness. It is a down to earth spa, boutique and overall wellness center that provides natural and innovative services to restore the mind, body and soul. They embody total wellness and healing for the urban people in the DMV area.
The Staff is friendly and holistically woke to what daily stresses can do to us. They take pride in caring for each and every client’s unique needs. The space also provides Hydrotherapy treatments with showers, baths and a steam room for their clients to use as an amenity option. A relaxing environment from colors to sounds, cleanliness and most importantly, holistic staff. Don't miss it!
About the Business
Number of Employees:
Rent: $4,000.00 + $1,458.91 CAM Rent Terms: Lease expires on Aug. 1, 2021 + 7 option years to renew
Growth & Expansion:
Possible with more advertising. Location is a gold mine inside a strip shopping center with plenty of parking space & overlooking a VERY busy road with 60,000+ cars that pass by daily!
Sale Terms: $30k down-payment + $15k seller finance over 1 year @ 6%
Ad Detail Views:
Asking Price: $45,000 Gross Revenue: $165,000Cash Flow: $20,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.