Please ensure Javascript is enabled for purposes of website accessibility Historic Steam Bath and Health Business | Transworld Business Advisors Boston UA-80162520-1

Historic Steam Bath and Health Business

Listing Number: 80041-250000

Description

A successful health and wellness business, paired with a mixed-use real estate with a history that's over 100 years old. The owners have spent three years renovating and improving the business, including renovating the space, implementing the scheduling software and building a loyal customer base. The business has a long history at this location and the members of the community are excited to have it back open and better than ever. This is a fantastic dual opportunity to buy a business and real estate. The real estate also has an apartment that is currently rented month to month for an additional revenue stream of $1,200 a month.

Transaction Details: The business and property are being offered for $400,000. This includes recent upgrades of approximately $120,000 to the boiler and steam rooms and also includes $11,750 of FF&E and $1,000 of inventory.

Listing Details

  • Price: $ 400,000
  • Down Payment: $80,000
  • Sellers Discretionary Earnings: $ 59,916
  • Total Sales: $ 151,945
  • Location: Worcester County, Massachusetts

  • Inventory: $ 1,000
  • FF&E: $ 11,750
  • Employees: 6
  • Year Established: 1922
  • Reason for Selling: Personal Reasons
  • Category: Beauty/Personal Care
Historic Steam Bath and Health Business

Business Listed By:

Jennifer Fox
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