555 NE 5Th Ave Delray Beach, FL 33483
This exceptional Class A, 2,200 square foot day spa located at 555 NE 5th Ave, Delray Beach, Florida 33483, is offered for sale at $360,000. The business, Essentials Spa Massage and Facials, is a turnkey operation, complete with all inventory, tools, and comprehensive training for a seamless transition. This established spa offers a wide range of high-demand services, including rejuvenating facials, relaxing massages, and luxurious body treatments, ensuring a steady stream of clientele. The spa's tranquil atmosphere and top-notch services create a luxurious escape for clients. With 300 units and an owner/user investment type, this presents a unique opportunity for an entrepreneur to step into a profitable and established business within the thriving wellness industry. The business is ready for immediate operation and poised for continued growth, offering a high return on investment. This is an exceptional opportunity to acquire a well-established, profitable business in a prime Delray Beach location. All aspects of the business are included in the sale, making this a truly turnkey operation. The spa's existing client base and reputation for excellence provide a solid foundation for future success. This is a rare opportunity to own a thriving business in a desirable market.
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The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and economic growth of this special area. The CBD is comprised of five sub-districts, each with regulations to support their distinctive characteri…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Delray Beach, FLThe Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and economic growth of this special area. The CBD is comprised of five sub-districts, each with regulations to support their distinctive characteristics. The CBD is compatible with land areas designated as Commercial Core on the Land Use Map
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.