Asking Price:$215,000
Cash Flow:$20,000
Gross Revenue:$230,336
EBITDA:$15,000
FF&E:$19,000
Inventory:$14,000*
Rent:$3,877.42 /Month
Established:2014
Business Description
This is a luxury boutique spa and massage establishment that specializes in Reflexology. As an ancient form of therapy, Reflexology is a medical practice that applies pressure to specific points on the feet and hands to reduce stress, improve blood circulation, relieve pain and boost energy levels. The Company has highly trained therapist with years of practice that deliver exquisite treatments to its customers. The experience goes beyond relaxation and luxury to give each customer the alleviation and healing they need.
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Detailed Information
Location: Denton County, TX
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 1,774
Lease Expiration: N/A
Employees: 3
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Newly renovated 1,774 sqft boutique spa located directly next to a Kroger Grocery store in a highly residential area of West Dallas.
Competition: 6+ Years in Operation. Highly Specialized Practice. 170% Average Revenue Growth. Excellent Staff & Equipment. Strong Business Model. Diverse Customer Base.
Growth & Expansion: Increase advertising and reduce costs. Offer full-service massage options for customers. The massage industry is estimated to grow 22% by 2028.
Reason for Selling: The Owner would like to pursue other opportunities.
from Tumblr https://the86group.tumblr.com/post/621374787156099072
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