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Luxury 24/7 Spa in the heart of New York City NYC Manhattan:

New York, NY
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Asking Price:$3,000,000
Gross Revenue:$2,500,000
Cash Flow:$1,000,000
Rent:$50,000/Month
Listing ID: 2226551Listing provided by BizBuySell
BUSINESS DESCRIPTION

Nestled in the vibrant streets of Koreatown, this 9,000 sq ft sanctuary is spread across 3 opulent floors. A golden opportunity to own a thriving business with a staggering $2.5M in gross revenue per annum!

From the tranquil celebrity room to the cutting-edge igloo sauna, this spa offers a variety of treatments including body scrubs, massages, and specialty facials. Indulge in the unique Thermo-Stone therapy or 24/7 relaxation in Japanese style soaking tubs.

Perfect for private events and parties, this spa promises not just a service, but an experience. Your gateway to becoming the pinnacle of wellness luxury in New York City.

[Owner-operated for 25 years, now selling due to retirement. Seller is highly motivated to sell.]

DETAILED INFORMATION
Location
New York, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
01/03/2031
Employees
17
Facilities
5th Floor: Reception Desk, Women's Locker Room, Men's Locker Room, 3 Treatment Rooms (each with multiple tables), Lounge Area, Tea Bar, 2 Dry Saunas, 1 Steam Sauna, Shower Area & Individual Shower Rooms, Scrubbing Area, 2 Restrooms, Staff Kitchen, Laundry Room. 4th Floor: Reception, Lounge, Locker Room, 4 Treatment Rooms (each with multiple tables), 2 Dry Saunas, 1 Steam Sauna, Storage & Staff Locker Room, 2 Restrooms, 2 Scrubbing Areas, 2 Jacuzzi Rooms (VIP room) 6th Floor:3 Treatment Rooms (each with multiple tables), 2 Group Rooms, Skincare room
Competition
This business is popular with celebrities and offers large packages that make management easy. It's in a prime location with great access to public transport, known by everyone. High profits come from many returning customers, making it a top choice in its market.
Support & Training
Owner willing to train 1 month. Full training and full support. However, the environment is designed for easy operation.
Reason for Selling
Owner-operated for 25 years, now selling due to retirement. Seller is highly mot
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Esther
Kang
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Esther Kang
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