Upscale Day Spa w/Variety of Services Offered – Built In Client Base!

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Asking Price:
$59,000

Gross Revenue:
$150,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This upscale day spa with a variety of premium wellness services offering, including massage, facials, body wraps and scrubs, as well as additional treatments and steam rooms, is located in a well-appointed downtown Los Angeles facility with a build-in client base. Its central location is ideal to attract nearby hotel patrons, as well as high discretionary income area denizens and those working in the area or commuting through. The facility boasts 6 treatment rooms, each with a sink, as well as gender separated locker rooms, each with a steam room, shower and locker facilities.

About the Business

Year Established:
2015
Number of Employees:
6pt
Real Estate:
Leased
Building Sq. Ft.:
1,987
Lease Amount/Mo.:
$4,343.00
Facilities:
The extraordinarily well-appointed 1,987 square foot facility leases for an attractive $4,343 per month on a lease until 8/31/2020 with options to be negotiated in the sale. All of the business’s furniture, fixtures and equipment will be included in the sale. This includes the enterprise’s trademarked name and the assumption of its software package which leases for $240 per month and performs client retention management, scheduling and billing and has a smartphone application. The company has approximately $13,500 in outstanding gift certificates that are anticipated to be retained and honored by new management. Retail inventory will be sold at cost at close in addition to purchase price.
Market Outlook/
Competition:
While competition certainly exists in the greater downtown Los Angeles area, this venue has a bit of a natural advantage due to its built in client premium client base that it can draw from, and the creditably that accompanies it. Due to a search engine optimization (SEO) commitment made early on, the business has obtained top organic search order placement when key search terms are Googled.
Growth & Expansion:
New operators may take this highly attractive and comprehensive day spa operation in any number of directions, including lucrative cosmetic medical relates services such as injections, intensive facials, laser hair or other laser related complementary services. Owner operators who are also massage, acupuncture, estheticians, reiki, colon hydro therapists, or other types of technicians may tremendously benefit by relocating their practice and boosting their existing client base while diversifying their offering and increasing their number of revenue streams. Prospects may also wish to evaluate adding a dry sauna, floating, hyperbaric oxygen or other innovative types of wellness therapies that require suitable facility infrastructures.
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About the Sale

Reason For Selling:
Personal
Training/Support:
2 Weeks at 20 hrs/wk

Listing Info

ID:
1503258
Ad Detail Views:
706

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Source: Decennial Census (2010), United States Census Bureau.

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