$75K! #1 Franchise Massage & Facial Spa. Not A Typo! One Year Young!
Business Description
This is not a typo! This is the opportunity you might have been waiting for. A brand new beautiful built out spa less than two years open. Ideal location. But, it needs new ownership, and attention! Open for a little over one year, the spa has struggled to grow due to un-attentive ownership. Staffed, but as revenue grows, the spa will need additional LMT's and estheticians. Owner and management training from the franchisor is included along with ten year license. Completely turn key. It's a walk in and take over opportunity.
Franchisor requires minimum cash on hand of $250K, with minimum net worth of $750K. While the purchase price is insanely low, the business will require working capital as you grow to brand standards of seven figure revenue. Long term favorable lease. Hurry if you are interested in being in before the busy gift card season in November and December.
Franchisor requires minimum cash on hand of $250K, with minimum net worth of $750K. While the purchase price is insanely low, the business will require working capital as you grow to brand standards of seven figure revenue. Long term favorable lease. Hurry if you are interested in being in before the busy gift card season in November and December.
About the Business
- Years in Operation
- 2
- Number of Employees
- 11
- Franchise
- This business is an established franchise
- Facilities & Assets
- Luxury spa offering massage and skincare services. Welcoming reception area with an added room for employee break room and managers office. Facilities are brand new, and built to brand standards. Gorgeous!
Located in a busy shopping center with strong customer draw. Ample parking. - Market Outlook / Competition
- The consumer demand for the industry is very high. This brand is the top name brand in the franchise category for these services. Clinical type services can be added to the service menu which will increase price per service revenue. This member based model offers recurring monthly cash flow revenue.
- Opportunities for Growth
- Purchasing at this price with the potential for much greater revenue growth allows for future expansion into multiple locations, if desired. As mentioned above, more higher end esthetic services can be offered. Growing the member base is the immediate goal objective, along with offering outstanding guest service.Newer spas should look to market in the community, and offer referral partnerships with neighboring synergistic business in the area.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,462
- Rent
- $8,500.00 per month
- Lease Expiration
- 10/1/2033
About the Sale
- Seller Motivation
- Other Interests
- Transition Support
- The franchise will offer five days of training at corporate headquarters. Additionally a three day management training at corporate headquarters. Ongoing support and training from this franchise is second to none.
Listing Info
- ID
- 2408119
- Listing Views
- 56
Listing ID: 2408119 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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