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This Business has been Sold!
Closing Date: 10/31/2020
Business for Sale Summary

Massage & Spa for Sale in Somerset County, NJ - 31810

Business Type: health/beauty/nutrition supply,other personal services,spa / dayspa / skin care
Sold
Massage & Spa for Sale in Somerset County, NJ
On October 31st 2020, 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 $289,000 Down Payment $289,000
Gross Revenues $592,462 Lease Remaining Register Free to View
Owner’s Cash Flow $45,135 Number of FT Employees Register Free to View

Financing

$289,000 Down and The seller will entertain any reasonable offer!

Business Description

Established massage and facial spa franchise for sale. *PRICE REDUCTION* This is a great opportunity to buy a growing business that has a great foundation. The current owner has been here for five years, and has full staff in place. It needs a hands on owner-operator to really maximize growth. All figures are recorded in the POS system. In the past year, this location grossed approx. $592,462 with a cash flow of approx. $45,135 (reflecting an owner/operator handling day-to-day management). VERY ACCURATE FINANCIALS. 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. The owner will stay on and help train to ensure a smooth transition. We are seeking a serious and financially-qualified buyer with at least $289K in liquid funds. To learn more, please call Mel Vaz today at 631-909-1095. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.

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.