Full Service Day Spa in the heart of Rockville/Potomac

Potomac, MD (Montgomery County)

Day Spa

Asking Price:$149,000

Cash Flow:$75,000

Gross Revenue:$700,000

EBITDA:$100,000

FF&E:$35,000

Inventory:$15,000*

Lease Rate/Sq. Ft.:$35

Established:2002

*not included in asking price.

Full Service Day Spa in the heart of Rockville/Potomac

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Business Description

This is a great opportunity to run a very well known full service nail/skincare/hair/massage Salon & Spa in Montgomery County. This spa had been running with same employees and has been serving the community for nearly 14 years in the same location. Most of the staff have been working here for 14 year and have an extremely loyal clientele base. The seller is currently running the business absentee and good yields and cash flow however a owner-operator could yield $150K plus. The location and services provided which makes this a highly desirable Salon & Spa! The friendly and knowledgeable staff and the atmosphere makes this salon easy to run. The owner could be in the industry or looking from outside the industry for a change in career. The seller is very motivated to sell and says bring all offers!

For more information contact Anita Calcraft via email at anitacalcraft111@gmail.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
5/31/2018
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
There are not many other full service spa in the 3 mile radius.
Growth & Expansion:
The seller has not done any advertising. A knowledgeable and strong operator can double profits with community outreach.
Support & Training:
Seller will provide 2 weeks training and is willing to stay on as an employee.
Reason for Selling:
Relocation.

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Business Listed By:
Anita Calcraft

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