European Day Spa in an Affluent Area
Mercer County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$144,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
ASSET SALE!! Beautiful, recently renovated spa with a semi-European ambiance in the heart of Historic Hopewell (near Princeton). Situated in an affluent area with man high net worth individuals in large estates. Many new businesses, including restaurants have opened up recently with more opening soon. The spa offers facials, body waxing, & eyebrow shaping, a mix of Swedish & relaxation massages, Oriental Therapies, Paraffin wraps, scalp treatments, an eye lash & eye brow tinting. The studio hosts a variety of group events, & holiday & birthday parties. Furniture, Fixtures, & Equipment valued at $60,000 is included in sale. Landlord will offer a long term lease to qualified buyers. Very low monthly rent of $1,159 & monthly CAM charges of $566 at present. New owner should do advertising & promotion. Contact Seth Kain 201-317-4710
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Year
Business was Established: 6 |
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Number of Employees:
2PT |
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Facilities / Terms of Lease:
800 square feet. All furniture, fixtures, & equipment are in excellent condition. Plenty of strip malls parking available. The landlord will offer a long term lease with at least one option. |
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Potential
Growth/Expansion:
A new owner should advertise and offer promotions to people in this affluent & growing area. Many new businesses including restaurants recently opened. There’s tremendous potential for a new business owner to increase the customer base, & in turn gross sales and profit. |
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Competition:
There aren’t any other spas in the same town. The spa caters to an affluent area so not having any nearby competition makes it a very attractive business. |
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Owner
willing to finance:
Financing offered for up to 5 years for qualified buyers. |
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Owner
willing to train:
2 weeks. The owners are willing to assist at times after this period is up. |
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Reason for selling:
The owners have other business interests. |
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REQUEST MORE INFO |
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