Very Profitable Upscale Spa For Sale

Business description

Very profitable high-end SPA in a very upscale high traffic location in Toronto. Owners made huge leasehold improvements costing more than $1M. This is one of the most successful high-end SPA's in Toronto. The company has 28 employees including a manager, an assistant manager and a salon director and requires only minimum supervision from the actual owner. The company received numerous outstanding awards (including best spa in Toronto) from the most prestigious national and international specialized magazines. The SPA has been designed by a world renown designer. The quality of service and the top design has won the company and excellent reputation in Toronto and has attracted some of the most world renown Hollywood celebrities.

Property information

Location:

State of the art spa facility that cost more than $1,000,000 in leasehold improvements.

Other information

Competition / Market:

The facility is located in a very upscale area with tremendous potential to increase profits. Cost cutting opportunities exist if the buyer is an owner operator

Support & training:

The seller will train. The business has managers and supervisor who know their job and can train the new owner.

Reasons for selling:

Family business tensions

Contact the seller