$2,500,000
The Massage Place
- Status: Sold
- Price: $150,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Established 14 years ago, 1,000sf. Offers variety of massage therapies including; Swedish, Sport, Pregnancy, Deep Tissue, and etc.
there are 6 x Massage rooms, 12 x employees based on (50/50)% Commission. fully licensed. Rent is $5,200 a month including NNN. Lease expires 2023, but owner can obtain more lease.
Seller claims his Gross Annual Sale is over $500,000. He also claims his Net income for 2021 was about $150,000.
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:
6387
Date Available:
09/09/2022
Reason For Sale:
Moving to his home country
Financial Information
- Annual Total:
- 500,000
- Revenue:
- Annual Net Income:
- 100,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 5,200/m
- Lease Expires:
- 2023
- Lease Option:
- Can be given to the new buyer
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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