Spa in Miami "Owner absentee"

Miami, FL (Miami-Dade County)

Seller Financing Available
Spa in Miami

Asking Price:$450,000

Cash Flow:$150,000

Gross Revenue:$470,000

EBITDA:N/A

FF&E:$200,000

Inventory:$2,000

Lease Rate/Sq. Ft.:$5,294

Established:2011

Spa in Miami "Owner absentee"

Get Financing Save Print Share Valuation Report

Business Description

Beautiful spa in Miami "Owner absentee"

Great opportunity, owner absentee, business offer membership plans to their clients and it represents approximately 50% of business income. Membership fees are collected the 1st day of the month, that means the business collect already 50% of its income the first day of each month. Other source of income are daily sales of services and packages, internet, and groupon. Groupon represents only 10% of business income. Business, has over seven (7) thousand clients registered in the data base, really good to do business invertising. Seller willing to train new owner for 30 days included in the sale price.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
5/31/2019
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The spa is located at a shopping center with 2 anchor stores, free parking spaces, and is located in a main street near to a prestigious neighborhood. the business offer services like Laser hair removal, Cellulite reduction, Non-surgical fat reduction treatments, Skin rejuvenation treatments, other medical services like Botox and fillers, Facials and Massages. the business is equipped with the best technology's BRANDS like, Candela Laser, Velashape, Syneron, and Vuenus Freeze. Completely Painted, Relax ambient, Professional and very well trained staff.
Competition:
Business is in a prime location with two anchor stores side by side, at the same plaza. Business has it own (private label) Home Care products with business name.
Growth & Expansion:
Business has 6 rooms and it has a potential to make one extra room for more services. Business is at 30% to 40% of max capacity, it means, business has plenty chance to grow in members and collet more in membership fees.
Financing:
Seller is willing to finance up to at 7% for 36 mo (Up to 50% PP)
Support & Training:
Seller is willing to train new owner for 30 days at not extra charge.
Reason for Selling:
Seller has other businesses
Business Website:
http://estheticlub.com

Listing Statistics for Premium Members

Ad#:1318876 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Pierina Montano

Show Phone Number
Find out more...

Get more details about this business.


Similar Listings


Apricot Lane Boutique

Franchise Opportunity
Capital Required: $131,300