$2,500,000
Massage Place
- Status: Sold
- Price: $250,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Established 20 years ago, on a 1,200sf. SPA offers variety of massage therapies including; Swedish, Sport, Pregnancy, Deep Tissue, and etc.
there are 8 x Massage rooms, 20 x employees based on (50/50)% Commission. fully licensed. Rent is $8,900 a month including NNN with 5x years Lease. The utilities are $1,000 a month.
Seller claims his Gross Annual Sale is over $800,000. He also claims his Net income is about $200,000 a year.
Business Information
Ownership Type:
Corporation
Year Established:
2002
Year Purchased:
2002
Business Type:
Massage Place
License(s) Required:
Business
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6388
Date Available:
09/14/2022
Reason For Sale:
Moving to his Country
Financial Information
- Annual Total:
- 800,000
- Revenue:
- Annual Net Income:
- 200,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 8,900/m
- Lease Expires:
- 2027
- Lease Option:
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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