Search

The Massage Place

  • Status: Available
  • Price: $350,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6389
  • Status: Available
  • Area: Los Angeles
  • Price: $350,000

Description

Established 18 years ago, 1,300sf. Offers variety of massage therapies including; Swedish, Sport, Pregnancy, Deep Tissue, and etc.

there are 8 x Massage rooms, 25 x employees based on (50/50)% Commission. fully license.

Rent is $7,200 a month including NNN with 2 years left on the lease.

Seller claims his Gross Annual Sale is over $1,000,000. He also claims his Net income is about $300,000 a year.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
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: 6389
Date Available: 09/09/2022
Reason For Sale: Moving back to his home country

Financial Information

Annual Total:
$1,000,000
Revenue:
Annual Net Income:
300,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
7,200/m
Lease Expires:
2024
Lease Option:
NNN:
Included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County