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Listed by:

BTI Group - Farley Gouner

Broker license number: 01271117

Spa In San Jose For Sale

San Jose, California - North
Asking Price:
$150,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$564,659 (USD)
Cash Flow:
$79,745 (USD)

San Jose Spa High Net BTI # 8647
This is a well located spa business servicing clients in an affluent area of San Jose. The owner manages the spa and does not service clients so if you can handle management of the Spa and service your clientele base your cash flow will be significantly increased. The Spa provides Massages, Facials, Peels, Waxing, Tweezing, Makeup and Lash Extensions they also sell a wide variety of retail Skin Care products. Sixteen (16) years same owner same location!
Purchase Price: $150,000 Down Payment $150,000 Sales $564,659 (annualized)
Cash Flow $79,745 (Annualized) 8 months ending Aug 2018 from Owner Provided P&L
Rent: Base $3,800 NNN $312 Bldg. Size (Sq. Ft.) 1,149 Lease Expires: 06/01/2021 Option: One for Two Years
Employees FT: 4, PT: 6 Owners FT: 1, PT: 0
Hours: Mon-Thurs 10:00-7:00 Friday 10:00-6:00 Sat 9:00-5:00 Sun Closed
Reason for Sale: Leaving Business
Farley Gouner Broker Associate CA DRE 01271117

Property information

Real Estate:

Lease

Lease Terms:

1,149 sq. ft. Base 3,800 NNN 312 per month w/one two year option

Lease Rent:
$43 (USD) per sq ft per annum
Location:

Central San Jose in an excellent retail location

Premises Details:

1,149 sq. ft. Base 3,800 NNN 312 per month w/one two year option

Size in square feet:
1,149

Business Operation

Reasons for selling:

leaving business

Trading hours:

Hours: Mon-Thurs 10:00-7:00 Friday 10:00-6:00 Sat 9:00-5:00 Sun Closed

Employees:
4 FT 6 PT
Years established:
16

Other Information

Support & training:

2 weeks for 40 hours per week

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$30,000 (USD) - included in the asking price
Related Documents:

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