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Own A Profitable Day Spa With World Class Facility In A Great Location For A Med Spa. For Sale

US
Asking Price:
$1,290,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$568,952
Cash Flow:
$95,861

Day Spa with Massages, Facials, Mud Treatments, Sugar Scrubs, Herbal Wraps, Pedicures, Manicures, Whirlpools, Steam Room, Couples Massages and Facials, 8 different modalities of massages and 5 different facials with a few add-ons.
Facilities:
This day spa is located in a very attractive tourist/vacation area. with population of over 55MM people living within 250 miles
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $990,000.00
Real Estate Description:
Business is located in a very attractive tourist area with high property values that are expected to continue to increase due to the location as well as the popularity and growth of the surrounding region.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Owner worked hours per week: 40
Market Competition: There are several spas in the geographic area. However, there are no med spas This spa gets rave reviews and has been featured in many publications, consistently ranked as one of the best in the region. They are very highly recommended by Hotels, Resorts and Bed and Breakfasts in the area. They have become a destination with guests from several large metropolitan areas as well as regular customers who live in the area or maintain 2nd second homes.

Property Information

Size in square feet:
5,636

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 10, Part Time: 3
Years established:
26

Other Information

Support & training:

The owner is willing to help train the new owner as needed for a smooth transition. Owner will like to continue to work with the business on a part time basis to assure a smooth transition and to help grow the business in the future.

Financing available:

Downpayment Required: NEGOTIABLE
Financing is available

Inventory / Stock value:
$5,000 - included in the asking price