Upscale Day Spa and Nail Lounge

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One of Top Spas in the U.S.
Asking Price:
$618,000

Gross Revenue:
$764,360
Cash Flow:
$234,116
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$16,500
not included in asking price

FF&E:
$20,687
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Profitable! Double-digit growth in sales every year since it began. Strong brand recognition for luxury and service. NOT a franchise. Outstanding location. Fantastic Interior design. Recognized as one of the best spas in the U.S. Rated very highly by media and clients. There is room to grow in its current location and expand to new locations. The newly launched online store adds another revenue stream.

About the Business

Year Established:
2014
Number of Employees:
3 FT/16 PT
Facilities:
Location, location, location--this modern spa is located near the best upscale shopping and restaurants in the state and is in the heart of a vibrant city center and growing employment hub. 10 year lease, currently in year 4. The lease includes convenient complementary parking for clients.
Market Outlook/
Competition:
Its growth each and every year shows its brand as an attractive, modern luxury spa focusing on its clients is out performing the competition.
Growth & Expansion:
It is continuing to grow from its reputation and booming location. A New Owner could open the spa 7 days a week and offer longer hours. A major employer has approached this owner to expand near their headquarters. With its strong reputation and brand recognition it is poised for expansion.
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About the Sale

Reason For Selling:
Family reasons.
Training/Support:
Will train for 4 weeks @ $0 cost.
Full service day spa and nail lounge with massage, facials, lashes, hair removal, nail care, body treatments, seasonal specials. 18-20 employees with a full-time Manager. New Owner needs good marketing and management skills.

Listing Info

ID:
1579505
Ad Detail Views:
0

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Business Listed by

Judy Elrod

Murphy Business & Financial Corporation

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