Health Spa for Sale
Location: New York > Nassau County
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $225,000
Gross Revenue: $230,000
Gross Revenue Comments: Projected Income
Cash Flow: $110,000
FF&E: $75,000 (Included in Asking Price)
Seller Financing: Seller will provide financing to qualified buyer
Business Summary
We are the exclusive agents for this therapeutic health spa located in Central Nassau, Long Island. The firm specializes in Western and Eastern Therapeutic Massages, a perfect addition to any health regime.
The seller is a licensed therapeutic therapist whose family has other business interests. When she started the project, her family’s business was centered in Queens. As they have relocated, she must divest herself of this business.
The business has been operating since April of 2008 and sales have been doubling monthly. The facility is presently configured with two treatment rooms and a sauna area. As an introductory offer, treatments are being sold on an hourly basis for $75. Conservatively the seller projects that sales will build to about 10 clients a day (or$230,000) over the first year. Based on this, a seller’s discretionary income of more than $110,000 is projected. Again, these are based on conservative projections and do not include revenues that may be realized from other services, such as nail treatments or sauna treatments.
The business is a completely furnished and functioning (completely turnkey operation). All of the hard assets of the business are included in the price.
The seller is a licensed therapeutic therapist whose family has other business interests. When she started the project, her family’s business was centered in Queens. As they have relocated, she must divest herself of this business.
The business has been operating since April of 2008 and sales have been doubling monthly. The facility is presently configured with two treatment rooms and a sauna area. As an introductory offer, treatments are being sold on an hourly basis for $75. Conservatively the seller projects that sales will build to about 10 clients a day (or$230,000) over the first year. Based on this, a seller’s discretionary income of more than $110,000 is projected. Again, these are based on conservative projections and do not include revenues that may be realized from other services, such as nail treatments or sauna treatments.
The business is a completely furnished and functioning (completely turnkey operation). All of the hard assets of the business are included in the price.
About the Business
Year Established: 2008
Employees: 2 full time -
Facilities: The seller recently completed a complete rehabilitation of the leasehold (~700 square feet), which presently features two (2) treatment rooms, a locker room and a sauna area. There is additional space that is presently set aside for an office, that would be available for additional services. A nail salon is not presently part of the business, but either by re-configuring the present space and/or utilizing the office area, it should be fairly easy to add this service to the business.
Market Outlook and Competition: Business is in prime location, in center of busy town.
About the Sale
Management Training and Support: Seller will provide suficient time to transition business.
Reason For Selling: Other business interests.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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