Business For Sale

# 1 Laser Center and Day Spa in Tenafly and Bergen

Tenafly, NJ
Bergen County


Asking Price: Annual Revenue:
$599,000 $772,991

Services: Hair, Nails, Spas, Tanning


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RE: # 1 Laser Center and Day Spa in Tenafly and Bergen Broker: Carey Davis
Owner Financing is Available!

Quick Facts

Asking Price: $599,000
Annual Revenue: $772,991
Net Profit: Not Disclosed
Cash Flow: $242,011
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 11
BBN Listing #: 402535879
Broker Reference #: 6842-33091

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Business Overview:

Business keeps growing at Tenafly and Bergen County's leading laser center and day spa! Upscale suburban clientele want to look their best and have the discretionary income for boutique treatments offered here since 2006. 35% of revenue is generated by laser work. 25% facials. 20% massage. The remainder is mani-pedi.

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Property Features and Assets:

The spa started in 2006 and has grown steadily for the past 11 years. Nearly 8,000 active clients. 2012 to 2016 revenue up from $550,000 to over $820,000.

Market Competition and Expansion:

The upscale nature of the Bergen county's spa clientele demands customer-focus, attention to details, a warm and relaxing atmosphere and the latest technologies. Year after year the owner has invested in the spa for the best people, offers, services and science. Potential Growth The owner will be retiring and moving after a transition period. The below market rent can be used to expand the already large 1700 SF space. Price INCLUDES INVENTORY. A Dermatologist or OBGYN would be a perfect buyer as a medical doctor could expand services for a additional revenue growth. Operating on Sunday and Monday (currently closed) would be a smart idea.

Reason for Selling:

Retiring

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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