Asking Price: Not Disclosed Gross Revenue: $10,012,000Cash Flow: Not DisclosedEBITDA: $1,009,000Inventory: 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.
This offering is a collection of nine separate companies, operating independently, which provide personalized, luxury spa services in a subscription-based model to customers in each of the companies´ key city locations. The companies offer wellness and beauty therapies that include body treatments, massage, skincare, natural nail therapies, and alternative therapies, such as acupuncture.
· Five current locations based in major metropolitan Texas cities
· Three new additional locations set to open in summer and fall 2019
· Combined 2018 revenue of over $10 million, representing year-over year growth of 34%
· Subscription-based business model provides consistent recurring revenue
· Repeatedly named to the Inc. 500/5000 Fastest Growing Companies in America
· Comprehensive proven social media marketing strategy that has fostered brand awareness
· Proprietary, private-label product line in progress
Ownership seeks an acquirer that will continue to grow the business to its full potential. All owners are open to various deal structures. Two active partners expect to remain with the business to assist with future growth. The other inactive owner is open to a partial or full sale of his interests in the business
About the Business
Real estate Each location leases its facility from unrelated third parties. All leases are assumable by new ownership.
Current markets Each location serves its own specific local geographic market with a primary customer base of women of all ages.
Growth & Expansion:
Opportunities · High growth potential inside and outside of the current Texas market · Replication model based on a definitive criteria set, proven to produce predictable and positive results · Further expansion on the corporate wellness program model · Realization of the cost savings and higher margins once the company's proprietary private label product line is launched
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.