Day Spa in New Jersey

Bergen County, NJ

Day Spa
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Asking Price: $370,000

Cash Flow: $148,426

Gross Revenue: $504,961

EBITDA: N/A

FF&E: $20,000

Inventory: $18,000*

Established: 2000

*not included in asking price.

Day Spa in New Jersey

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Business Description

Renowned Day Spa in upscale Bergen County location offering the finest in skin care, hair removal and massage and rejuvenation therapies. The business has an excellent history, brand identity, loyal clientele and attractive setting. It was recently expanded to accommodate more clients and potentially, additional services (salon). A trained staff of experts is in place to assist the new owner. Great opportunity to become an entrepreneur in the prestigious Health and Beauty field!

Detailed Information

Location:
Bergen County, NJ
Inventory:
Not included in asking price
Employees:
12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease terms: 5 years with additional 5 year option.
Competition:
Personal services are in strong demand, particularly in high income areas. It tends to be a high profit business with a substantial employee pool. It can be operated directly by owner, or as a general management model.
Growth & Expansion:
Approximately 25% additional treatment capacity was added in 2019, which will increase revenue vs. 2018. Revenues of the Day Spa business segment are expected to rise as Baby Boomers age. The affluence and disposable income of this group has been a key driver in the growth of personal services.
Support & Training:
Owner will train and transition
Reason for Selling:
Family considerations
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Ray Palombi

Business Listed By:
Ray Palombi

Capital Business Solutions

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Sponsoring Broker:
Capital Business Solutions

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