Asking Price $510,000  Cash Flow: $193,984

Gross Revenue: $1,897,591
EBITDA:
FF&E: $450,000
Inventory: $300,000
Rent:
Established: 2012

Business Description:

Out of town boutique spa and massage business. Two locations beautifully designed and incredible craftsmanship in build out.

The business was impacted by Covid. Sales and income have been very consistent and strong historically. The current owner is moving out of town slowly and can transition gracefully as things come back to life with payments and terms that reflect todays realities.

 

Detailed Information:

Location: Portland, OR
Inventory: Included in asking price
Real Estate: Leased
Building SF: N/A
Lease Expiration: N/A
Employees: 30
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Gorgeous facilities
Competition: Very unique niche with little competition
Growth & Expansion: Plenty of growth and expansion potential. The model is clear and will do well in other locations.
Support & Training: Strong transition and support/training.
Reason for Selling: Considered a change prior to covid – it’s time.