Business Summary

Financials
Gross Sales: $41,000/ mo
Net Profit: $12,000/ mo
Annual Net Profit: $144,000

Property Info
Rent: $2,880/ mo.
Expires: 12/01/2015
Option(s): Terms Gross

High Volume Spa - Massage Salon in Los Angeles, CA Exclusive spa with beautiful interior design is ultimate place for relaxation and tranquility in San Fernando Valley. The spa offers affordable service: various massage styles (Swedish, deep tissue, Thai, etc.), relaxing body treatments (herbal compress, body scrubs, hot stones, body wraps, etc.), facial treatments (facial, microdermabrasion, deep pore cleansing, eyelash extension, waxing, etc.). This high-volume spa has been established 3 years ago by the current owner and her partner. The business is well-known in the neighborhood and has 4-star Yelp rating. The spa has 20 employees: aesthetics professionals, massage therapists, customer service. Owner is primarily involved in management and marketing, and only occasionally working with clients. All employees have their own licenses. Scheduling is done by front desk. It's well-oiled machine and turn-key operation very easy to take over by the new owner. Present owners have partnership disagreement and decided to sell the business. It presents attractive proposition to prospective buyers, as the business is priced below market value.

Organization:
The business is organized as a C - Corporation. It was established 4 years ago and the current owner has been in place for 4 yrs. It employs 1 full time employees and 18 part time employees. Licenses required for operation: Business.

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