Are you familiar with Traditional Chinese Medicine (TCM)? Would you like to earn $130K+ each year helping other people improve their health using TCM methodologies? Spa revenues in 2022 were more than $337K! There is a growing interest in Eastern Asian medicine in this post-pandemic era, where many people are looking to non-traditional health care. You can capitalize on this trend with a location that is already fully staffed and has nine service rooms. Plenty of opportunity for growth since practically no marketing (all word of mouth) and competition does not offer the wide array of services, which include massage, acupressure, facials, acupuncture, reflexology, Chinese herbal treatments, cupping, waxing, channel scrubbing, along with body wraps and scrubs. Buyers can avoid the risks of a start-up by purchasing this 15-year established business with a strong customer base. The spa is locally owned and operated, and the owner is willing to stay on for a few months to help with the transition.
- Asking Price:
- $399,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $337,862
- Cash Flow:
- $135,167
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $4,700.00
Square Units (Foot, Meter): 2,200
- Location:
-
Facilities: 9 separate rooms for various TCM treatments including couples rooms
Business Operation
- Expansion Potential:
-
Acupuncture and Traditional Chinese Medicine are rising trends in American healthcare due to their demonstrated effectiveness and success in a multitude of areas. Wellness services are booming post pandemic! Current marketing is word-of-mouth and website, so potential improvements exist on websites and with social media.
- Competition / Market:
-
Other acupuncture and massage spas exist in the area, but they do not offer such a variety of TCM services.
- Reasons for selling:
-
Retirement
- Trading hours:
-
9:30AM-9:30PM M-Sat noon-6:00PM Sun
- Employees:
- 10
- Years established:
- 2004
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 2
- Furniture / Fixtures value:
- $40,000 - included in the asking price
- Inventory / Stock value:
- $15,000 - included in the asking price
