Hunterdon County, NJ Massage Businesses For Sale

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Profitable Spa & Salon
Cash Flow: $100,000Seller Financing
Profitable Spa & Salon

Hunterdon County, NJ

Exclusive Spa offering various personalized services to its long-standing clients with a gross income of $607,814 and a net yearly income of $100,000. This twenty-year-old highly successful business is available due to owner’s retirement. The spa has a wonderful professional reputation with additional growth available by instituting new services which can include hair salon service, medical cosmetic treatments, and product sales. The business has approximately 500 steady clients, they perform 1,200 facials yearly and 1,746 massages yearly. The salon is in a most affluent area of Hunterdon County, New Jersey and conveniently located near various state highways for customer’s convenience. The company is very proud of its highly experienced, certified professional staff / therapist, nail technicians and estheticians who maintain the daily operation. The spas staff has been with the company for many years and have helped achieve their reputation for delivering professional high-quality service to their loyal base of clients. They offer a wonderful experience in a relaxing old-world setting where they strive to make every client feel special and appreciated. This company has sixteen full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, and the monthly payroll is approximately $33,330. The company’s fixed assets has an estimated value of approximately $120,000 which is based on equipment and licensing replacement cost. The sale consists of a fully equipped commercial salon. This successful salon spa business operation is active six days per week, closed Monday, with hours from 9:00 am to 6:00 / 7:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. The business and real estate have been valued based on a multiple of the net yearly income, property value, and the specific business assets. The owners desire to retire and can include the sale of the property. The transaction can include some owner financing to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 32% investment return to the owner operator prior to debt service. This business transaction also offers an opportunity to purchase the property and based on a 25-year payout at 5% interest, 20% down payment purchaser would obtain a consistent net yearly income return on investment after debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

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