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North Coastal San Diego

  • Listing No.: 106-15296

  • Category: Beauty, Retail, Service

Asking Price $99,000
Down Payment $74,250
Gross Revenue $262,395
Total Adjusted Net Income $67,105
Equipment/Fixtures $5,000
Year Established 2009
General Location North Coastal San Diego
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image-for-Todd Bell
Contact Details:

This 10-year day spa located in a high-traffic shopping center of north coastal San Diego has grown 10% yearly since opening! The turnkey staff are highly trained to provide massage, skin care and other cosmetic services. 75% of business is generated by YELP, Google SEO and Groupon. The owner's family member operates the spa and is ready to retire and place this opportunity in the hands of the right buyer. Seller financing for 25% of the sale price is available.

Gross Revenue $262,395 Listed Price $99,000
Total Income $67,105 Down Payment $74,250
Base Rent $2,806 Square Feet 1200
Total Rent $3,944 Lease Expiration 8/2019
Rent Deposit $0 Lease Options 3, 1-3 year option
Inventory Not Included Leasehold Improvements
Equipment/ Fixtures $5,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 0 Special License Required Massage Therapy License
Contract Staff 5 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.