Profitable Deluxe Spa Facility And Institute
Location Michigan,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1709631
Net Profit / Cash Flow $321980
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training As needed.
Reason for Sale Retirement.
Description Well established posh spa & post-secondary (non-proprietary) institute known throughout the U.S. & contiguous countries. Great business model, fully documented & ready to be franchised. Spa provides extraordinary wellness services in health care, offering massage, facials & other pampering treatments, together w/a broad spectrum of private branding anti-aging products available in the popular gift boutique. Its estimated that the anti-aging cosmecuticals & skin care market is a $55 billion dollar global market; the fastest growing segment of the personal care market. Skin care products used & sold at this spa are growing in popularity & continue to outpace other product lines.
The Institute provides certified training in the use of all the products & the health & wellness services from independent massage therapists, estheticians & other spas & spa resorts. Statistics from The Dept of Labor states employment for massage therapists is expected to increase by 20% from 2006-2016, faster than average for all occupations. Between 8/06-6/07, nearly 1/4th of adult Americans (25%) received a massage at least once. The Spa has always been on the cutting edge. Winner of ''Top Spa in the Nation'' voted by their peers and ''Top Branding Award''. The spa industry is attracting more ''business people'' who are purchasing start up spas moving into second ownership. There is a new industry in the making, which is training & consulting for Spas.
This business opportunity comes complete w/everything a new owner needs to immediately generate revenue & to replicate the business model. Currently, the businesses operate out of leased locations, 47,00 square feet (with option to purchase building). The facility could easily be converted to a Medical Spa. Owner will train qualified buyer if needed. Non-Disclosure agreement must be signed & proof of funding must be provided prior to disclosure. Email or call Michelle Webster 734-929-9378 for more information on this Spa for sale.
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