MergerPlace

Day Spa

Florida (Leon)


  • Asking Price: $79,500
  • Gross Income: $140,860
  • Cash Flow: $40,824
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $11,135
  • Listing ID: #209279
  • Established: 1999
  • Employees: 1 FT / 6 PT

Business Description

Midtown Tallahassee Day Spa for sale. Very popular Day Spa since 1999. Located in a very cozy home-like setting with front door parking. Wonderful reputation for therapeutic massage, skin care, body treatments, waxing, nails, hot stone massages, detoxifying body wraps and more. Staff of licensed therapists provide a soothing environment of balance and calm. Sale price has been discounted by $25,000 to accommodate outstanding gift cards.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Leon

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 6 PT

Financial Information

Asking Price: $79,500
Gross Revenue: $140,860
Cash Flow: $40,824
FF&E: $11,135
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

This Midtown Tallahassee Day Spa is truly unique. Located in a freestanding building (a converted private residence) each customer is greeted with the beautiful 20 foot glass wall as they enter the lobby. The view is that of a naturally landscaped peaceful garden and water feature. This setting helps clients connect with nature and further enhances the tranquility which permeates the spa's interior ambiance. Although located in the heart of Midtown, this property has a feel of being outside the city. The spa's location is within walking distance of many residences and businesses. They provide an array of specialized services and can accommodate private parties upon request. Reservations are required.

Growth & expansion opportunities:

The current owner's "free time" is more valuable to her than money and thus this spa is not actively seeking new clientele. With a small investment in advertising, networking groups and more intensive social media marketing, much more business would be generated. There is room inside to add additional therapists/service providers. More active promotion of retail would add revenue. The massage and skincare offerings do not currently offer machine-oriented services. Adding microdermabrasion, LED therapy or cellulite reduction machines would bring in new clients and add to the services purchased by existing guests. Many guests ask about memberships with this Spa which is not now offered. If a membership program was initiated by the new owner, many clients from other establishments would switch over to this Day Spa.

Competition:

Day Spas continue to be popular for individuals seeking stress relief and natural healing as well as for travelers seeking a get-away retreat. This Spa is unique with its setting and longevity. Over 19 years in the same convenient location. Clients appreciate being able to receive therapeutic massage as well as skin care and nail services in the same location. As a small, locally owned business, they cater to each client's individual needs. The business interior has a distinct homey atmosphere which makes clients feel secure and provides a calming rest from the hubbub they experience on "the outside." Most other Spas are located in hectic, busy commercial centers.

Reason for selling:

Seller Retiring.

Support & Training:

Will train for 4 weeks @ no cost This Day Spa offers multiple types of therapeutic massages including relaxation, deep tissue, raindrop therapy, aromatherapy, prenatal massage, Reiki and sports massage. This business carries and uses organic skincare products and offers facials and body treatments. They perform manicures and pedicures for natural nails only. All employees are licensed by the State of Florida for massage therapy, skin care and nail care. The staff is experienced and most employees have been practicing for many years. The owner has cut back working time to only a few hours per week. If the new owner is interested in devoting more hours to either working at the front desk or performing services with clients, profits would greatly increase. This business is a great opportunity for an owner/operator to have a pleasant working environment, great staff and a steady income.

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Business Listed By:

John Kraft

Murphy Business Brokers