Category:
8281 - Beauty Salons and Spas
Location:
Northern California - Peninsula
Business Description:
This luxurious water spa is located in a free standing building with excellent visibility on a major thoroughfare on the Peninsula. It offers relaxing hydrotherapy rooms, massages, facial and body treatments. It was established in 2012 and the business is still growing. The finely decorated facility has massage rooms, facial rooms and private Jacuzzi rooms. No recent financials are available because the owner acquired a new location in 2018 and tax returns are combined. Observation is encouraged to realize the potential value of the business. The owner is motivated to sell in order to focus on her other job. Ref # 8281
Inventory (included):
$10,000
12 Months Ended
6/30/2017
$821,503
(Sales)
$139,443
(Adjusted Cash Flow)
12 Months Ended
6/30/2016
$694,998
(Sales)
$4,164
(Adjusted Cash Flow)
12 Months Ended
6/30/2015
$586,010
(Sales)
$63,648
(Adjusted Cash Flow)
12 Months Ended
6/30/2014
$526,665
(Sales)
($8,982)
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 0 | 2 |
| Owners | 0 | 1 |
Hours of Operation
9:30 am-10:30 pm daily
Licenses Required:
Monthly Rent Including NNN:
$11,784
Expires:
7/31/21
Option:
For 5 years
Size(sq.ft.):
6,202
Type of Organization:
C Corp
Reason for Sale:
Career change
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.