Business for Sale

Cryotherapy Sports Recovery Studio

BizEx987-PS

Background

General Location:Los Angeles, CA
Category: Other Personal Services
Health, Medical & Dental
Years in Business:<1
Under Present Owner:<1
Hours of Operation:Tues-Fri 10am-7pm; Sat-Sun 10am-4pm
Owner Hours:40
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:08/31/2018
Lease Options:2 year Option
Building Size:1700
Employees:3
Reason for Sale:Health

Financials

Asking Price:$199,000
Down Payment:Negotiable
Gross Sales:$239,000
Discretionary Cash Flow:$91,000
FF&E:$105,760
Inventory Included?
Inventory:$500
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$5,250
Payroll:$10
Financing:Call

2016
Gross Sales $ 239,000
Gross Profit $
Disc. Earnings $ 91,000

Description

Motivated seller looking to hand off this great business to a new owner! Seller-financing available.

For sale is this whole body cryotherapy center located in West Los Angeles, California. Cryotherapy is the use of extremely low temperatures to address a variety of health issues from joint pain to muscle soreness, weight loss to skin problems and overall wellness. The studio provides a healthier path to effective pain management than habit forming prescription drugs and compliments physical therapy treatment plans.

Location:
The retail space presentation outshines the competition in cleanliness, comfort and atmosphere. Location and signage is outstanding and situated with a storefront facing one of the busiest streets in the city.

Reviews:
In less than a year, the business' employees have taken great care of their clients and it has reflected directly in their phenomenal Yelp presence with an outstanding rating.

Ideal New Owner:
This a great growth opportunity for someone with a health and wellness background who is able to increase awareness of the company brand in this growing industry.

Contact Info:

Tony Miller
Business Broker / M&A Advisor
(310) 882-2200 ext 143
tmiller@bizex.net
LIC# 02004232


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Pieper Stewart
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 136
Direct: (310) 466-4284
Lic#: 01037502