Westside Day Spa

Santa Monica, CA

Asking Price: Annual Revenue:
$275,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning

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RE: Westside Day Spa Broker: Kendric Foultz
License #: 01484102

Quick Facts

Asking Price: $275,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 2 Full Time
BBN Listing #: 511911895
Broker Reference #: BizEx182-KF

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Business Overview:

Business for sale is a long established day spa in a very desirable location in Santa Monica. The spa was recently featured as one of the top ten of its type in the nation by a prominent magazine The current owners purchased the business a little over two years ago and made some nice improvements and increased the business. The operation features 5 fully equipped treatment rooms, 2 for skincare and 3 for massage. Unfortunately the economic downturn has forced them to recapitalize the business or outright sell it. The business is currently operating at just about a break even profile. The business is fully computerized with a customer data base of almost 5,000 clients. The owners are adjusting to the realities of the market and are willing to entertain all offers. If you are interested in this industry I would suggest that you take a look at this offering and see if you strike a favorable deal.

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Property Features and Assets:

Building: 1,200 square feet Rent: $ 5,536 per month Lease Expires: December 31, 2009.

Reason for Selling:

Under capitalization

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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