Upscale Profitable Retail Spa For Sale

Business description

This award-winning full service day spa offers its customers a broad array of services including massages, facials, manicures, pedicures, wraps and waxing. There is also a popular, upscale hair salon on premises. The company is able to tap into an affluent audience via its location near the entrance of a world class golf community. The spa has been voted “Best Day Spa” by two local magazines every year since it's inception.

Key Strengths / Acquisition Highlights include:
• Excellent reputation in market / broad name recognition
• Has area exclusivity on leading national line of retail spa products
• Pleasant work environment / approx. one-half of staff has been with company since inception
• Not reliant upon owners / competent management in place
• Great, high-visibility location
• Large, existing client base
• World-class web presence

Property information

Real Estate:

Lease

Lease terms:

1400 square feet in premium building with excellent exposure/traffic. Three year term with the option to renew for 2 consecutive 3 year terms (for a total of 9 years).

Location:

Located next to high end shops and restaurants.

Other information

Expansion potential:

Could continue to grow business through advertising/promotions, some added services.

Competition / Market:

Moderate

Support & training:

Owner will provide 3 months of consulting services.

Reasons for selling:

Focus on other business venture.

Trading hours:

Monday - Saturday 10:00 - 8:00 PM

Financing available:

Owner Financing Available to Qualified Candidate. Downpayment of $50,000 cash. Owner will financing the remaining $200k over a 5 year term at 5%. Payment is $3774.25.

Furniture / Fixtures value:

$150,000

Inventory / Stock value:

$50,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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