Established High End Health Spa For Sale
Location Illinois,United States
Asking Price Range $500K - $1.0M
Gross Revenues $962347
Net Profit / Cash Flow $221497
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 4 - 5
Inventory 125000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Family obligations
Description This is an established high end medical health spa in an affluent area of DuPage County West of Chicago. The owner-partners have built the business since its beginning in 2007 and feel it is poised to grow into its next stage of development. However family obligations have increased and they need to refocus their energies. The business has been prequalified for acquisition financing by a buyer who meets the minimum SBA requirements based on personal credit history and transferrable management experience and makes a downpayment of $92,550 with the remainder payable over 10 years at 6% interest in increments of $5,822/mo.
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