Spa & Massage- Non-Medical- Passive Owner
Longmont, CO Boulder County
Asking Price:
$519,000
Annual Revenue:
$1,024,046
Request More Information Contact the Seller
- RE: Spa & Massage- Non-Medical- Passive Owner
- Contact: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $51,900
15% Seller Financing $77,850
75% Bank Loan $389,250
Quick Facts
| Asking Price: | $519,000 | |
| Annual Revenue: | $1,024,046 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $155,967 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 28 | |
| BBN Listing #: | 948034398 | |
| Broker Reference #: | SLF011-E-SPLA |
Business Overview:
This business is home to a 3,000 square feet location with 11 treatment rooms that are not at maximum capacity. They have an established chain of command, which includes 28 team members as well as 3 Team Leads. This day spa performed 60% massage and 40% skincare with a reoccurring active client base. The services in skincare include facials, body treatments, spray tans, waxing, and more. Their clients include both men and women of all ages, with 591 active monthly members. The spa location is perfectly placed in the middle of a very accessible and busy area! The current owner handles oversight, but Team Leads operate the daily business. The aging owner has some medical concerns and is looking to sell; as a sign of good faith, she is offering a 15% note and 6 months of training!Priced at $519,000 this establishment offers a buyer the opportunity to purchase a well-known business in a prime location with support and training from both the owner and from the national franchise, making it a high rate for success!
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Property Features and Assets:
Space: 3,000 square feet location with 11 treatment rooms with open space to grow.Market Competition and Expansion:
Growth Opportunities: Add supplements or weight consultation.Reason for Selling:
Aging owner in poor health.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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