Profile: Massage & Day Spa – Stable, Well-Established Santa Monica Area.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ryan Clark, Broker
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| Primary Phone: |
310-652-8353 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/22/09 |
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| Date Last Revised: |
10/22/09 |
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| BizBen Ad #: |
144070 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$795,000 |
| Down Payment: |
$795,000 |
| Annual Revenue: |
$705,000 |
| Annual Adjusted Net: |
$317,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Stable, Well-Established Santa Monica Area Massage And Day Spa Business Is An Established Earner That Provides Its Loyal Client Base First Class Services. This Business Offers A Managing Owner The Opportunity To Pull In Significant Income, Without Requiring Any Prior Experience In Massage Or Skin Care. As An Owner, You Will Be Able To Appreciate The Positive Impact The Business’ Services Have On Its Stable Client Base, While Learning A Highly Successful And Scalable Business Model.
This 3,300 Plus Square Foot Facility Leases For 10,400 Per Month Including Common Area Maintenance Charges. The Facility Is On A Five Year Lease That Covers Until 2012, With Options To Be Determined. The Facility Offers Patrons, Employees And Technicians Parking, As Well As Convenient Freeway Access. It Also Provides Clients A Full Locker Room With Showers, A Steam Room And Complete Vanity. All Of The Equipment In This First Class Facility Is Owned And Will Be Paid Off In The Sale.
While There Are A Number Of Massage Studios And Day Spas Between Santa Monica And Beverly Hills That Clients May Choose From, This Facility Has An Unbelievable Employee And Technician Tenure Rate, And Tremendously Loyal Client Following That Has Caused It To Be The Stable Cash Cow That It Is. This Seller’s Unique Business Model Ensures A Maximum Amount Of Cash Flow With A Minimum Amount Of Turnover.
As This Facility Continues To ‘fire On All Cylinders’ Despite The Sluggish Economy, New Owner Will Not Likely Seek To Change A Thing (Other Than Working At The Business Themselves). The Business’s Name, Concept And Business Model Are Highly Scalable, So A New Working Owner May Seek To Focus On Maintaining Business As Usual, Or Replicate The Model By Opening New Locations.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ryan Clark, Broker at 310-652-8353 |
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