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North County San Diego

  • Listing No.: 106-20265

  • Category: Beauty, Service

Asking Price $899,000
Down Payment
Gross Revenue $1,772,785
Total Adjusted Net Income $315,083
Equipment / Fixtures $135,541
Year Established 2015
General Location North County San Diego
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Top 5 spa in the entire franchise system! 68% recurring revenue from client memberships. Unbeatable location in a densely populated, upscale area of central North County San Diego. Staff-run with management in place, the Seller only spends 10 hours per week performing high level oversight of the management team, payroll and HR activities. SBA pre-approved. Seller is relocating out-of-state and would like to place the business in the hands of the right Buyer. Call Todd at 415-846-7267 for Confidentiality Agreement. 

Gross Revenue $1,772,785 Listed Price $899,000
Total Income $315,083 Down Payment
Base Rent $7,924 Square Feet 3200
Total Rent $10,368 Lease Expiration 11/2025
Rent Deposit $11,570 Lease Options 1, 5 year option
Inventory $5,000 Leasehold Improvements $221,639
Equipment / Fixtures $135,541 Other Assets
Full-Time Employees 6 Training Period 1 Week
Part-Time Employees 43 Special License Required Massage Establishment License
Contract Staff Reason for Selling Moving out of state, will not operate remotely

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.

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