1040-12935 Spa in Coral Gables

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30049529
Property Subtypes: Health and Medical
Building Size (RSF): See Agent
Sale Price: $180,000
Year Business Established: 2016
Gross Revenue: $220,000 (Annual)
Cash Flow: $47,063 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

This spa is located on a busy street in the high end area of Coral Gables. Beautiful set up with top finishes, 4 rooms with new and high quality equipment. They provide a broad range of treatments that include: corporal (massage, clinical (cavitation, radio frequency), facial and platelet rich plasma. Other services can be added. Professional staff in place. Should qualify for Visa. In a few months the business reached its break even point. The business is set up to grow with an advertising effort.

Additional Details

Industry Segment: Health Clubs and Spas
Reason for Selling: Other interests.
Value of Inventory Included ($): $15,000
Value of Furniture, Fixtures, and Equipment ($): $61,660
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The business located in a high traffic street. Rent is $5,000 per month for 1,450 sq. ft.
Employee/Labor Description: 1 FT/3 PT. Monday-Saturday 10am-6pm.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. Licenses: massage, skin care, full special, phlebotomist.
Competition/Market Description: There are other places providing this type of services, however the location and set up make this business a great choice.
Growth/Expansion Opportunities: Given the location, the business is well positioned for a strong growth through a good marketing campaign.

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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