Elegant High End Day Spa
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $649300
Net Profit / Cash Flow $356
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Inventory 190584
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide adequate support and transition training to new owners.
Reason for Sale Other opportunities.
Description Email or call Jeff Snell with ENLIGN Business Brokers at 919-341-1100.
Award-winning spa with national recognition, this location is located in a busy high end strip center conveniantly located near shopping, neighborhoods and the premier business district. 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 new location (opened in 2006) has reached break even with fiscal 2007 revenue and is posed to continue growth. 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:
Competition is geographically removed to the degree that direct competition is limited. The location can almost be considered a landmark - new with prominant street frontage on high traffic road makes for an ideal situation. Clientele are loyal to the business due to quality of services and convenience.
Potential for Growth:
Owners feel this location has the greatest growth potential as a result of steady revenue gains over the past three years. Breaking even in 2007 is the launchpad for profitable operations going forward. Revenue for this location are on plan.
Click Here To Contact Seller
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