Fancy Spa Novato
Novato, CA
| Asking Price: | $650,000 |
| Gross Revenue: | $840,585 |
| Rent: | $4,876/Month |
| Established Year: | 2019 |
| Cash Flow: | $341,122 |
| Inventory: | $20,000 |
| FF&E: | $300,000 |
Listing ID: 2296438Listing provided by BizBuySell
BUSINESS DESCRIPTION
Valuable artwork included
This lucrative business is a well-established spa offering various types of massage, including Thai, deep tissue and Swedish, plus hot stone options. The spa includes hot sauna and many other unique features. For more detailed information, please contact listing broker Ardeshir Vosooghi at ardeshir.vosooghi@fcbb.com or 650-397-6564.
DETAILED INFORMATION
Location
Novato, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,417
Lease Expiration
29/10/2029
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 3,417 square feet with a Total monthly rent of $4,876. Lease ends 10/2029 with One (1), Five (5) year option. Hours of operation are 9am - 8 pm with 1 FT & 11 Contract employees. $20,000 in inventory and $300,000 in FF&E included in the asking price. $150,000 made in leasehold improvements. Other Assets include works of art used as decor. No special licensing required.
Support & Training
One (1) week
Reason for Selling
Retirement
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