Luxury Mid Town Manhattan Day Spa
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $985000
Net Profit / Cash Flow $320000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Inventory 1500000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training The seller will provide full support and training to new buyer.
Reason for Sale Pursue other core business opportunity.
Description High quality luxury spa in Mid-town Manhattan. Over $1.5m in build-out to acheive the right look and feel. Top quality materials and layout. 6 message rooms, sauna, steam room, separate showers with locker rooms. Next door to major condo building and 10 major hotels in 1/2 mile radius, near W, Marriott and Hyatt Hotels and Grand Central. Cash flow positive since day 1. Excellent long-term lease 16 years.
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