MergerPlace

Profitable, Luxurious Day Spa with 20 Yr

Texas


  • Asking Price: $175,000
  • Gross Income: $740,383
  • Cash Flow: $83,072
  • Real Estate: Not Disclosed
  • Inventory: $18,000
  • FF&E: $67,311
  • Listing ID: #214104
  • Established: 2000
  • Employees: 3 FT / 10 PT

Business Description

This luxury day spa that features massage, skin care and nail care. It also sells a broad line of retail products. From its inception in 2000, its mission has been to pamper customers within an environment of elegance while providing spa services at an affordable price.


Business Details

Primary Business Category: Services - Other Services
Location: Texas

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 10 PT

Financial Information

Asking Price: $175,000
Gross Revenue: $740,383
Cash Flow: $83,072
FF&E: $67,311
Inventory: $18,000
Seller Financing Available: No

Property Information

Facilities:

The spa was designed and constructed by an interior designer and luxury home builder. Its 2900 square foot suite includes two waiting lounges, nine treatment rooms, separate men's and women's restrooms that each include private shower facilities and individual dry saunas, a manicure/pedicure area with two stations, reception area, front office and a breakroom/laundry/supply area. The entire space has a fresh feel and is move-in ready for a new owner. The spa suite includes a distributed sound system that plays the same low-level music throughout the spa.

Growth & expansion opportunities:

While the spa is located in a decades-old affluent subdivision, nearby residential and business development has exploded in recent years. The spa has not added a reach-out to this new development. It currently does not market aggressively and does no direct mail marketing. With a revitalized marketing plan, top line revenue of $1MM is within reach for a new owner.

Competition:

Day spas are often seen within strip centers of this market area. Generally these establishments come and go, change names, and experience high employee turnover. This business sets itself apart with its highly-skilled, long-term staff providing custom massage therapy in an environment of elegance. The walk-up appeal of this day spa is unmatched in its market.

Reason for selling:

Seller is above full retirement age and ready to transition.

Support & Training:

Will train for 2 weeks @ no cost Spa services include massages, facial and skin care, nail services, waxing and tinting, body wrap and much more! Retail product sales account for about 7% of sales. In addition to the entity, all massage therapists and estheticians must be licensed by the Texas Department of Licensing and Regulation (TDLR).

Contact Business Seller

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Business Listed By:

Mariann Montgomery

Murphy Business Brokers