1040-12976 High End Spa

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30051865
Property Subtypes: Health and Medical
Building Size (RSF): See Agent
Sale Price: $280,000
Year Business Established: 2016
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

High end spa owned by a Spa consultant, located in an area with great demographics for this type of business. The finishes are high end with Italian materials. Seller invested $800,000 in the business set up. Family member health issues forces the owner to sell. The services provided are: body services, facials, massages, spa and waxing. With only a few months of operation the business has 28 members.

Additional Details

Industry Segment: Health Clubs and Spas
Reason for Selling: Health issues.
Value of Inventory Included ($): $30,000
Value of Furniture, Fixtures, and Equipment ($): $200,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Located in an important strip mall with high traffic. 4,000 sq ft at $9,500.
Employee/Labor Description: 10 FT. Monday-Sunday 10am-8pm.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. Licenses: massage, skin care and laser removal.
Competition/Market Description: No competition in the area.
Growth/Expansion Opportunities: With time the business will established itself and the business will grow. Increasing the advertising will also help the business grow.
Seller Financing Description: $200k Down/ $80k for 6 mos. @ 5%.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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