Health and Beauty Spa - $75,000 (Oakland County)

Asking Price: $75000
Gross: $119,000
Cash Flow: $28,379
Real Estate: Leased
Bldg Size: 1600 sq ft
Rent: $2750/month
Seller Financing: Yes
Employees: 2 Part time
Year Established: 1985

Well established European Beauty Spa for sale.
Spa has undergone renovations and has a beautiful new build-out. Spa provides services such as facials, body treatments, nail services, waxing, permanent makeup, other skin care enhancements and weight loss. Business also sells retail lines of branded products. This business opportunity comes complete with everything a new owner needs to immediately generate revenue. Business operates out of leased location in Oakland County, Michigan. Signage is well visible on a very busy road, with plenty of parking.

Seller will finance a qualified buyer with $50,000.00 down, balance of $25,000.00 can be amortized, 8% interest, with a balloon payment at the end of 2 years.

Owner will train qualified buyer if and on an as-needed basis.

Owner prefers to settle into retirement slowly, willing to stay on part-time as a service provider for an agreed upon time following the sale. Owner is a licensed cosmetologist and has a medical background. In addition to the 2 Part time employees, owner increases revenue by renting out rooms/chairs to independent contractors who offer complementary services.

Non-Disclosure/Confidentiality Agreement must be completed and signed prior to sharing details and exact location. Contact Broker for more details.

FACILITIES: Operating out of approximately 1600 sq ft of luxurious leased space, $2750 per month, utilities included.

REASON FOR SELLING Partial Retirement; would like to stay on with a new owner

post id: 7756411092


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