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Asking Price$27,000
Revenue$212,000 Established2005
Cash Flow$33,525 Employees4 part-time
FF&E$200,000* FranchiseYes
Inventory$4,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Planet Beach is an innovative and energetic franchise that continues to evolve to meet the needs of its customers. They are an international one-stop shop designed to help their clients look good and feel good. Members experience the finest spray & spa treatments and superior customer service that has made Planet Beach the world's largest, and fastest-growing automated spa franchise. It is one of the hottest concepts in the multi-billion dollar wellness and beauty industry. This current owner was hoping to operate it as a semi-absent owner. Note that this price includes the franchise transfer fee, lease deposit and escrow closing costs. Buyer will have to take over equipment payments that have a balance of approximately $75,000. However, a Buyer can get into this business with only $27,000 at the closing. Imaging owning a beautiful, fully functioning national franchise with just $27,000 out of pocket.
In addition, buyer can now lease the business from the seller with very little down for just $6,500 per month which would also include the property lease. Buyer can also remove the franchise and either lease the business or purchase the entire spa for just $75,000.
Assuming the buyer pays off the equipment debt then the business would be profitable going forward and ripe for growth. The Seller has decided to shift his focus to his full time career.  This is an established national franchise.  A new location would cost 3 to 5 times the asking price and would take time to build the business just to get it to breakeven. The franchisor offers training and support and the business is easy to learn and operate. The location is in absolutely outstanding condition. You would think that all of the furniture, fixtures and equipment were new. The price includes $4000 in inventory. With an excellent location and huge upside potential as either a franchise or independent spa, this is one that will not last. For more information please contact Alan Horwitz at 702-477-0021 or email at lvbusinessbroker@gmail.com.
Training/Support:2 weeks at 20 hours a week plus 1 full week by franchisor
Seller Financing:Seller will consider carry on a case by case basis
Sale Reason:Other Career
Ad #93387
Seller Reference #LASVENV001-N1200
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Contact This Seller
Alan Horwitz
(702) 364-2551
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