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This Business has been Sold!
Closing Date: 07/19/2019
Business for Sale Summary

Massage and Facial Spa *FIRE SALE* - 32126

Business Type: nail salons,other personal services,must sell/drastic price reduction!,spa / dayspa / skin care
Sold
Massage and Facial Spa *FIRE SALE*
On July 19th 2019, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $95,000
Gross Revenues $437,484 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$95,000 Down and $54K over 2 yrs. @ 6%. The seller will entertain any reasonable offer!

Business Description

High End National Massage and Facial Spa Franchise for sale. THIS IS A GIVEAWAY PRICE. A typical new build out costs approx. $400K - $600K. This particular spa was built with high-end finishes for the affluent area they service, closer to the $600K mark. The owner has several businesses and currently operates this location on an absentee basis. Although the location is 3 years old, there is no solid management in place yet. This is a great opportunity for an owner-operator to steal this business for only $149K. They have a solid foundation with 400 active members and gross sales of $437,484.00 for 2018, but there is potential to have so much more. This business needs a hands on owner-operator to really maximize growth. All figures are recorded in the POS system. THE OWNERS KEEP VERY ACCURATE & VERIFIABLE FINANCIALS. The lease still has 11.5 years at a rate of $6,744/mth. for a 2,975 sq. ft space in a PHENOMENAL SHOPPING CENTER WITH GREAT PARKING This well-maintained spa has 11 beautifully-appointed private rooms for specific services (rooms for massage only, couples massage and facials). All massage rooms are equipped for hot stone. There is a relaxing waiting area with a water feature, reception desk, manager's private office, operator's lounge and two clean bathrooms. All rooms have the latest in automated massage tables, stone heaters, hot towel caddies and sinks. Estheticians have all the latest equipment. We are seeking a serious and financially-qualified buyer with at least $95K in liquid funds to cover the asking price plus $5K in rent security. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.