Asking Price: $298,500 Gross Revenue: $500,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $2,500 included in asking priceFF&E: $120,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This luxury spa opened approximately one year ago and caters to clients and guests seeking a unique experience found only in area five-star ski resorts, which in most cases charge twice as much for the same services. The current membership base is around 200 and steadily growing. The business is almost entirely absentee operated and comes with a complete, fully licensed and highly trained, motivated staff. The spa offers massages, facials, and a broad selection of the most popular treatments at flexible and affordable pricing options. The environment provides a resort like experience with changing areas, retreat areas and a high-degree of guest customization that are not found in other franchised or independent massage or spa business models. In its first year, the spa boasts high customer retention and conversion of first time guests to monthly members. The monthly membership model (at tiered pricing) creates a consistent, predictable cash flow. The Spa is being offered at over a $500,000 discount to the initial set up and working capital costs because the current owner has a medical crisis and must sell. The spa is on track with the current owner’s initial business plan and this is a proven concept based on the Franchisor’s Item 19 FDD financial disclosure. There is consistent training and support provided by the franchisor’s corporate office and the new owner will also assist during a transition period if needed.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
• Owner Financing Available • Absentee Operated • All Initial Costs & the Work of Opening the Doors Have Been Done • Being Sold at a $500,000 Discount to the Cost and Initial Development of a New Spa • Highly Successful Business Model Supported by an Experienced Franchise Team • Unique Exceptional & Customized Customer Experience • Membership Base Consistently Growing & Meeting Initial Expectations • Resort-Quality Experience • Existing Owner has Already Incurred the High Working Capital Expense Required • Two Hundred Members & Steadily Growing • Ongoing Support & Training Provided by a Highly Experienced Corporate Team • Validated Concept
The three main competitors are high-end resort spas, individual therapists, and other membership-based massage clinics, this business has clear advantageous over each of the type of competitors based on affordability, range of services, atmosphere, ability to attract qualified employees, and highly diverse revenue stream. This is a proven business model that has evolved and has been honed over the last ten years.
Growth & Expansion:
This is a relatively new spa that has plenty of capacity to accommodate both monthly members and walk-in guests without requiring additional space, more staff, or capital expenditure. There is also the opportunity to develop the brand in additional locations for the right buyer.
The new owner will be provided a comprehensive training both on site and at corporate headquarters. The training is ongoing, wide-ranging and covers all facets of managing and growing a successful spa. A new owner does not need specific spa or medical experience but must demonstrate a successful record of accomplishment and have a minimum net worth of $500,000.
Just Reduced! Recently Opened, Beautiful Luxury Spa
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or stake in the sale of this business and has not verified any of the information
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