High End Spa - Well Established - 23793

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$250,000 $333,452

Services: Hair, Nails, Spas, Tanning


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RE: High End Spa - Well Established - 23793 Broker: Melvin L. Vaz
Owner Financing is Available!
150,000.00 Down & $100K over 3 yrs. @ 6%

Quick Facts

Asking Price: $250,000
Annual Revenue: $333,452
Net Profit: Not Disclosed
Cash Flow: $235,963
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 83134447
Broker Reference #: 23793

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Business Overview:

High end, well established Spa. They are open only 5 days - closed Sunday and Monday. Established for 13 years with the same owner/operator, this is a full service salon and spa, not just a massage table placed in a closet. They offer an 1800 sq. ft space that is half salon and half spa. They offer everything from facials and massages to spray tans and threading. The owner is looking to retire from full time ownership, but happy to stay for a training and transition period and even as an employee or consultant going forward. You are buying a great reputation, tremendous goodwill, and solid profits. In the past year, the business grossed approx. $333,452.00 with a net income of approx. $235,963. In addition, they have their own private label collection as well as some very exclusive product lines. The facility is well-appointed and tranquil, but also includes a video camera system and state-of-the-art software program that manages everything from appointments to payroll and inventory. We are looking for a serious and financially qualified buyer with at least $180K in liquid capital to cover the down payment, inventory, and working capital.

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Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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