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Rare opportunity to acquire a well-established, profitable full-service Spa and Tanning. Operating continuously since 2008 under current ownership, this turnkey business has built a 17-year reputation entirely through word of mouth and organic referrals - with zero marketing spend throughout its history. Three-year average annual revenue of $274, 302, with an additional $18, 600 per year in confirmed passive income from three independent contractor studio leases. The business operates out of a leased, fully equipped commercial space open seven days a week and offers a comprehensive menu of amenities: UV tanning, airbrush spray tanning, full-service waxing, lash lifting and tinting, teeth whitening, and a smoothie bar. Three independently leased private studios - hair, massage therapy and nail studio, with plenty of space to add more. A boutique retail section rounds out the revenue mix. The client database is one of the most valuable assets in this sale: over 10, 000 client records with email addresses on file. Online reputation is exceptional - 4. 5 stars on Google and 4. 8 stars on Yelp. All equipment is owned outright with no liens or financing. Full staff of 4-5 W-2 reception employees and all independent contractors have indicated willingness to remain with a new owner. Prospective buyers are welcome and encouraged to visit the business as a customer prior to making an offer (preferably through your agent and/or the listing agent) However, if you do decide to visit, we respectfully ask that all site visits be conducted discreetly and without disclosing your interest in a potential acquisition to staff, independent contractors, or existing clientele. This business has built its client base and reputation over 17 years. Premature disclosure of a potential ownership transition - can create uncertainty among staff and clients that is difficult to reverse and that directly impacts the goodwill and revenue a new owner is purchasing. Protecting the confidentiality of this process is not only in the seller's interest - it is in yours. A smooth, undisclosed transition ensures that the client relationships, staff continuity, and community trust you are acquiring remain fully intact on day one of your ownership. All parties who have executed a Non-Disclosure are also expected to honor confidentiality throughout the process. Thank you for your professionalism and cooperation.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $972 | $1,010 | $1,329 |
| Total Monthly Payment | $1,047 | $1,085 | $1,404 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.