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Listed by:

The Firm

Profitable Iowa Day Spa Well Established Client Base For Sale

Des Moines, Iowa, US
Asking Price:
$790,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,414,654 (USD)
Cash Flow:
$256,295 (USD)

This day spa works with clients of all ages from the surrounding towns and counties. Pricing was raised at the end of 2021, though many members were grandfathered in for the 2022 year. Starting in 2023, this will be an automatic additional $7K+ per month in revenue. Based on the revenue for 2021 that would add up a total of $1,498,503 in revenue and based on the current profit margin of 18% that bumps the cash flow up to $269,730 only including current expected price changes, not including any new customers in the coming years. They have an edge over the competition with their attention to detail, number of services provided, price point, and doing their best to provide a real resort feel just right around the corner.

The attractive price of $790,000 allows a buyer to see a return of $140,767 in the first year after debt payments! This location is seeing incredible year over year growth with no sign of slowing down.

Property Information

Real Estate:

Lease

Lease Terms:

Lease: 3,600 sq. ft. for $8,362/month, including CAM; in a strip, about 5 years left

Location:

Des Moines, Iowa Metro area

Premises Details:

Lease: 3,600 sq. ft. for $8,362/month, including CAM; in a strip, about 5 years left

Size in square feet:
3,600

Business Operation

Expansion Potential:

Growth Opportunities: Advertising, getting more evening/weekend workers, open a second location/go into a bigger location (the market is there for it)

Reasons for selling:

Reason for Selling: Taking a step back to focus on family

Employees:
25
Years established:
5

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller Training Period: 3 months – longer if needed, but there is franchise and online training as well

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

12.5% Buyer Down Payment $98,750
12.5% Seller Financing or Equity $98,750
75% Bank Loan $592,500

Related Documents:

Contact The Firm

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