Elegant High End Day Spa
Location North Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1394396
Net Profit / Cash Flow $143092
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 20 - 34
Inventory 469961
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will provide adequate support and transition training to new owners.
Reason for Sale Other opportunities.
Description Award-winning spa for sale with national recognition, this location is located in a busy strip center with large residential neighborhoods and shopping conveniently located nearby. Outstanding reputation and upscale client base. Services include: facials, body wraps, manicures/pedicures, massage, couple's massage and includes such amenities as sauna, steam shower, locker rooms, relaxation lounge, full retail boutique. Profitable business with growth potential. Inventory includes medical grade and logo'd merchandise which may not transfer.
Historical Summary:
This location is the market leader and continues to consistently perform in the ~$125,000 - ~$160,000 annual seller benefit range. Trademarked name is available to purchaser of multiple locations.
Owner Qualifications:
Owner must possess skills commensurate with delivery of high end luxury personal services to affluent clientele. Owner currently provides primarily accounting and financial planning services to locations which could be outsourced for approximately $10,000 annually per location.
Competition:
While likely located in the most competitive of the three locations this business thrives with loyal customers and a great reputation.
Potential for Growth:
While this is largely an established and profitable location there is potential for growth via addition of new products/services, expansion into medspa services which are currently being provided via a subsidiary, and new marketing.
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