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San Diego

  • Listing No.: 106-15286

  • Category: Beauty

Asking Price $59,000
Down Payment
Gross Revenue $346,825
Total Adjusted Net Income $80,096
Equipment / Fixtures $10,000
Year Established 1993
General Location San Diego
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Long Established Profitable Massage and Wellness Center located in the affluent North County beach area. The business has been established in the local community for over 25 years. This business has a great location with street visibility and comfortable feel for its clientele. The building has seven treatment rooms, a laundry room, two bathrooms, and one with a shower. Rooms have electric lift tables and inviting decor. Well established clientele and online booking system through the website. There is one chiropractor still operating independently at the business. The owner is the primary masseuse and there is plenty of room to add more practitioners. The business was listed for $159,000 before COVID19. It was taken off the market in March and is now relisted at $59,000. Several years of profitable tax returns and financials are available. The owner was ready to sell and had plans of traveling before the pandemic. Now she is willing to sell the business for $100,000 less than her previous asking price. For more information contact Steve Sharp directly at (619) 454-1786 or submit your email request now.

Gross Revenue $346,825 Listed Price $59,000
Total Income $80,096 Down Payment
Base Rent $4,626 Square Feet 1542
Total Rent $4,626 Lease Expiration 12/2020
Rent Deposit $4,626 Lease Options
Inventory Not Included Leasehold Improvements $30,000
Equipment / Fixtures $10,000 Other Assets
Full-Time Employees Training Period 2 weeks
Part-Time Employees Special License Required
Contract Staff 9 Reason for Selling Moving on to New Endeavors

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.