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Business For Sale
MASSAGE RETAIL BUSINESS
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Asking Price: |
$45,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Other Interest |
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Yearly Revenues:
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$100,000 |
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Yearly Cash Flow:
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$20,000 |
Business for Sale Overview:
This business has been operated on an absentee basis. It is mall based and run as a kiosk. The kiosk has (2) Aqua Massage units. The business is not a franchise although has all the systems and controls of a franchise to aid the owner without the franchise cost. The business is run absentee with all hours staffed by employees. The owner visits the location once a week spending approximately 2.5 hours per visit. The seller will aid in the transition of the business and will assist a new buyer in the initial start up. The owner had previously been investing in real estate and thought he would have the ability to commit time to this investment but due to constraints of his full time job is unable to invest the time necessary to make the business grow.
All equipment is owned buy the seller which includes all necessary items to conduct business and handle additional sales for any expansion. (2) Aqua massaging beds (replacement value $30,000 each), 2 Display cases, seating and cabinets.
Property Features and Assets:
The business is located in a recognized mall in the Boston Area. The business location is ideal for the industry. The space is leased through the Mall and refereed to as a kiosk. Kiosk is a space of approximately 100 sq. ft. in a walk aisle way of the mall. The space is near the entrance between two restaurants. Any offer would be subject to a buyer obtaining lease terms and conditions to their satisfaction. Current lease runs $2225 per month with an increase during prime holiday season.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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