High End Spa - Well Established-23793

Suffolk County, NY

High End Spa - Well Established-23793

Asking Price:$250,000

Cash Flow:$235,963

Gross Revenue:$333,452

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

High End Spa - Well Established-23793

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Business Description

High end, well established Spa. They are open only 5 days - closed Sunday and Monday. Established for 13 years with the same owner/operator, this is a full service salon and spa, not just a massage table placed in a closet. They offer an 1800 sq. ft space that is half salon and half spa. They offer everything from facials and massages to spray tans and threading. The owner is looking to retire from full time ownership, but happy to stay for a training and transition period and even as an employee or consultant going forward. You are buying a great reputation, tremendous goodwill, and solid profits. In the past year, the business grossed approx. $333,452.00 with a net income of approx. $235,963 In addition, they have their own private label collection as well as some very exclusive product lines. The facility is well-appointed and tranquil, but also includes a video camera system and state-of-the-art software program that manages everything from appointments to payroll and inventory. We are looking for a serious and financially qualified buyer with at least $180K in liquid capital to cover the downpayment, inventory, and working capital.

Detailed Information

Financing:
150,000.00 Down & $100K over 3 yrs. @ 6%
Support & Training:
Seller is willing to train the new owner.
Reason for Selling:
Seller is retiring

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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