Bargain Sale: Massage Salon in South Bay Area

8 months ago Los Angeles, United States Ad Views:420 Ad ID: 2432

Additional Details

  • Ad ID2432
  • Posted On8 months ago
  • Ad Views420
  • Price$38,200

Description

This massage salon was built from scratch and still looks brand new. The owner has spent $60,000 on building cost and the purchase price of Furniture, Fixtures, and Equipment (FF&E) for about $10,000.

It is located in a shopping center along a major busy street in the South Bay. The neighboring businesses are Starbucks, a sandwich house, a bakery, a franchise yogurt, medical clinics and a few others.  

The price of $38,200 is the most decisive BARGAIN price in this COVID-19 disaster.  Since this is just a fixture sale, the price does not include most of the intangible assets as well as the financial records. 

The reservation system can be given to the buyer for free.  This system is specially customized for a reward calculation function. This is a huge perk, as massage shops usually do not have this type of system at the individual-management level. The buyer pays only the actual cost of the domain and server fees.

  • Monthly Rent:        $2,861 + NNN $816
  • Lease Expiration:  10/31/2023,    
  • Option:                  5 years
  • Floor Size:             1,084 SqFt​
2432