FinancialsAsking Price of business :$1,200,000
Included In Asking Price :Furniture, Fixtures & Equipment $50,000 and Inventory $5,000
Annual Sales :$1,850,000 Cash Flow :$400,000
This high-end day spa has been a dominant player in its market for years. Loyal clientele, trained staff and key location make this a stable and profitable business.
General InformationYear Established :2000
Employees :20 FT / 10 PT
Facilities :Newly renovated and modern space creates a relaxing atmosphere for clients. The business has a long term lease.
Business Location :Seacoast NH
Competition & Market :
This business has thrived while other competitors have come and gone. There are few competitors of the same size and scope in the market. The market’s occupancy costs create a strong barrier to entry.
Growth & Expansion :
The business is running at near capacity with their staff, but the physical space allows for some future growth. The strong brand would benefit the opening of a second location.
About the SaleFinancing :
Seller, bank financing and down payment TBD. Working Capital Needed $50,000.Support/Training : Seller is committed to the company’s continued success and will provide training and consultation to facilitate a successful transition.
Reason for Sale : After many years in the business the seller would like to pursue other interests.
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
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