Day Spa - Exclusive Location
Location California,United States
Asking Price Range < $250K
Gross Revenues $240000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Inventory 10000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks / 20 hours.
Reason for Sale Personal.
Description This very quaint, highly established Pasadena enterprise is ideal for the working owner that is an esthetician, massage therapist, make-up artist, beauty product retailer, or Medical Doctor (performing medi-spa procedures) that seeks access to a distinguished, high net-worth female client base. Believe it or nor, this day spa has focused on retail product sales and provided a very limited service offering (primarily comprised of partial body waxing) for the past 20 years. Many opportunities are available for a new owner to expand on the service offering, engage in room rentals, or expand the product selection.
Facilities: This quaint facility is ideally located in a high walk and drive-by traffic zone with complementary neighbors and a built-in client base. The 2-3 room space occupies 600 sq. ft. of prime real estate with fantastic visibility. It leases for $1,900 per month, on a lease valid until January 2009 with 1 - 5 year option.
Competition: This small business has a built-in retail market niche that provides it protection from nearby retailers. Its convenient location with plenty of onsite parking and complementary neighbors provide it a natural advantage over other day spa service competitors.
Growth and Expansion: A plethora of growth opportunities exist. This business conducts very limited day spa services and is very specific in its limited offering; the seller has opted to focus on a passive income stream from retail sales. In addition, the seller has chosen not to aggressively staff the facility, and opted not to engage in room rentals.
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