Spa & Massage- Non-Medical- Passive Owner
Longmont, Colorado
| Asking Price: |
Gross: |
Cash Flow: |
| $519,000 |
$1,024,046 |
$155,967 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This business is home to a 3,000 square feet locationwith 11 treatment rooms that are not at maximumcapacity. They have an established chain of command,which includes 28 team members as well as 3 TeamLeads. This day spa performed 60% massage and40% skincare with a reoccurring active client base. Theservices in skincare include facials, body treatments,spray tans, waxing, and more. Their clients includeboth men and women of all ages, with 591 activemonthly members. The spa location is perfectly placedin the middle of a very accessible and busy area! Thecurrent owner handles oversight, but Team Leadsoperate the daily business. The aging owner has somemedical concerns and is looking to sell; as a sign ofgood faith, she is offering a 15% note and 6 months oftraining!Priced at $519,000 this establishment offers a buyerthe opportunity to purchase a well-known business in aprime location with support and training from both theowner and from the national franchise, making it a highrate for success!
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| Year
Business was Established: 2016 |
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| Number of Employees:
28 |
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| Facilities / Terms of Lease:
3,000 square ft. location with 11 treatment
rooms with open space to grow. |
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| Potential
Growth/Expansion:
Add supplements or
weight consultation. |
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| Owner
willing to finance:
10% Buyer Down Payment $51,900 15% Seller Financing $77,850 75% Bank Loan $389,250 |
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| Owner
willing to train:
6 months; Franchise will help train |
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| Reason for selling:
Aging owner in poor health |
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| REQUEST MORE INFO |
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