Spa/Bathhouse/Lounge in Kings County, NY - 30108

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$875,000 $1,695,000

Services: Hair, Nails, Spas, Tanning


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RE: Spa/Bathhouse/Lounge in Kings County, NY - 30108 Broker: Joseph Stansky
Owner Financing is Available!
$650,000.00 Down & $225,000 at 5 % over 3 years.

Quick Facts

Asking Price: $875,000
Annual Revenue: $1,695,000
Net Profit: Not Disclosed
Cash Flow: $320,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 19884447
Broker Reference #: 30108

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Business Overview:

Spacious Luxury Euro Spa Complex and Event Space. Spa/Bathhouse,Lounge in the heart of a developing Brooklyn neighborhood. Location scouts use place for cable shows and commercials. Wet lounge with Russian and Swedish Saunas, Turkish Aroma. Detox, lose weight or energize. Order spa cuisine or enjoy cocktail service. Owner rented kicthen for $3,000 month plus % of sales. Therapeutic drinks and juices. Reviewed by NY Magazine New York Times, Time Out, etc. Private rooms. Steam Room. thermal hot tub, cold plunge pool, etc. Specialty facials, massages and other therapeutic treatments. Full Liquor license and 60,000 customer base. Special variance. Below market lease with 13 years left. Parking on premises. Run absentee but is opportunity for owner operator to boost memberships, events, and retail product sales. 5 days a week. Proof of funds required for a meeting with owner. Contact broker Joseph Stansky for more details.

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Reason for Selling:

Partner Issues.

Additional Details:

  • The property is owned.
  • The owner is not 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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