Last Revised: 9/18/19. Posting #: 252311
Key Words: spa, day spa, massage, holistic skincare, wellness, san francisco, absentee
Financial Info: Price: $550,000. Down: $55,000. Adjusted Net: Call. Annual Revenues: $1,210,240. Size: 1,050 sq. ft. Monthly Rent: $5,999. The business has been pre-qualified for SBA financing to a buyer meeting lender's requirements.
Profile: Here is a great opportunity to own an award winning, thriving boutique day spa in San Francisco. The owner started the business 14 years ago creating a boutique oasis for clients to escape the demands of urban living. Clients experience a world of healing through expert massage and bodywork, holistic skincare, couples massage, and wellness packages. The business uses private label skincare products.
The salon occupies 1,050 square feet space consisting of three treatment rooms. Rent is $5,999 per month. A well-trained staff is in place. Owner is semi-absentee and works approximately 20 hours per week.
This is an ideal opportunity for a buyer in the beauty or wellness industry, or an investor looking to own and operate a day spa on a semi-absentee basis. The business has been pre-qualified for SBA financing to a buyer meeting lender's requirements.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
View All Related Resources & Advisors For This Posting
Profile: Luis de la Prida is a Managing Partner and Principal of The NYBB Group and NYBB Commercial Real Estate, Inc. He works closely with clients looking for an intermediary to represent them in the purchase or sale of a business or real estate with annual revenues of $5 million to $50 million.
Key Words: luis de la prida, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, health care, healthcare, flooring, contractor, salon, day spa, spa, dental, cleaning, dry cleaning, restoration, diagnostic imaging, medical, new york, suffolk,
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
Key Words: buying a business, buy a business, selling a business, sell a business, buyer, business buyer, business buyers, business wanted, business wanted to buy, advertising, marketing, jordan green
Profile: Successfully buying a business is a difficult and time intensive task for business buyers. Now, imagine trying to buy a business that has many interested buyers. BizBenNetwork Senior Facilitator Manager Jordan Green gives buyers helpful advice for overcoming their competition and buying a business.
Key Words: jordan green, deal structure, purchase agreement, deal terms, buyer, business buyer, financing, post-deal terms, negotiating, transaction, buy a business, negotiator, negotiate, pre-qualified, transition
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
View Related Blog Posts For This Posting
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
Related Discussions For This Posting
Comments & Replies: 1 Topics: buying a business, landlords, selling a business
Profile: Dealing with landlords in order to secure a new lease during the sale of a small business can be a complicated issue. While challenging, the failure to secure a new lease will effectively end a business transaction. Jordan Green & other BBN Members explore this issue for business buyers & sellers.
Key Words: jordan green, landlord, landlords, lease agreements, subleasing, sublease, attorney, commercial lease assignment
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers
View All Discussions
Comments & Replies: 10 Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
Profile: What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion on BBN multiple brokers, agents, BBN Members weigh in.
Key Words: pocket listings, open listings, pocket listing, peter siegel mba