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Massage Place

  • Status: Available
  • Price: $250,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6388
  • Status: Available
  • Area: Los Angeles
  • Price: $250,000

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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