Very Busy Automated Spa & Tanning- Price Just Reduced

Raleigh, NC (Wake County)

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Asking Price: Get Financing: $329,000

Cash Flow: $163,906

Gross Revenue: $334,562

EBITDA: $163,908

FF&E: $132,100

Inventory: $2,000

Lease Rate: $5,600 /Month

Established: 2004

Very Busy Automated Spa & Tanning- Price Just Reduced

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Business Description

Top Performing Tanning Spa

Very busy Spa & Tanning Spa for Sale. Excellent ratios! Original owners are retiring. Built in 2003 & has been in the top 10 nationally for sales since opening. Excellent cash flow, over 50% of the revenue is monthly recurring memberships. Spa is in the Brier Creek Commons Mall, a very upscale golf course community. It's anchored by a Target, BJ's & Movie Theater. Our franchise agreement has expired (now is month to month) so new owner can join the franchise or can operate independently.
We are also selling a second store:
Listing Ad Number 1516454

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Beautiful Spa & Tanning equipment, all in excellent working order. Sale includes the following: High Pressure Mystic HD Platinum Stand Up Comp, Printers, Security Washer & Dryer Platinum Legend VIP (2) Red Light Therapy Massage Chair Lumiere Facial Slim Capsule Hydration Station Teeth Whitening Sauna Hotworx Yoga Hydro Massage All Retail Inventory
Upscale golf course community. Extremely busy Mall. Great foot traffic as several restaurants & hotels around.
Growth & Expansion:
Could consider expanding the spa services.
Support & Training:
Owners will train during the transition
Reason for Selling:
This business is an established franchise
Business Website:
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Business Location

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Business Listed By:
Brent Marek

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