Historic Steam Bath and Health Business

Worcester County, MA
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Asking Price:$400,000
Gross Revenue:$151,945
Rent:$2,400
Cash Flow:$59,916
Inventory:$1,000
FF&E:$11,750
BUSINESS DESCRIPTION

A successful health and wellness business, paired with a mixed-use real estate with a history that's over 100 years old. The owners have spent three years renovating and improving the business, including renovating the space, implementing the scheduling software and building a loyal customer base. The business has a long history at this location and the members of the community are excited to have it back open and better than ever. This is a fantastic dual opportunity to buy a business and real estate. The real estate also has an apartment that is currently rented month to month for an additional revenue stream of $1,200 a month.

Transaction Details: The business and property are being offered for $400,000. This includes recent upgrades of approximately $120,000 to the boiler and steam rooms and also includes $11,750 of FF&E and $1,000 of inventory.


DETAILED INFORMATION
Location
Worcester County, MA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: TAW Facilities: 2,700SF building comprised of the commercial space and a residential apartment.
Support & Training
Number of Weeks Seller Will Offer Training: 1
Reason for Selling
Personal Reasons
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Johnathan
Zsittnik
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Johnathan Zsittnik