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Business for Sale

Massage and Facial Spa *FIRE SALE*
Delaware County, PA

Listing #32126

   
Financial Information (non-confidential)
Asking Price $149,000.00 Gross Revenues $437,484.00
Down Payment $95,000.00 Owner’s Cash Flow $0.00

Financing: $95,000.00 Down and $54K over 2 yrs. @ 6%. The seller will entertain any reasonable offer!

Reason for Selling:Other businesses out of state.

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!
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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