Managing Partner for a Turnkey Spa & Salon

Avondale, AZ (Maricopa County)

Seller Financing Available
Managing Partner for a Turnkey Spa & Salon

Asking Price:$50,000

Cash Flow:$101,625

Gross Revenue:$415,447

EBITDA:$101,625

FF&E:$60,000

Inventory:$1,500

Established:2008

Managing Partner for a Turnkey Spa & Salon

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Business Description

Own 20% of this luxurious spa for a fraction of the cost ot buy it! Earn a salary plus 20% of the profit to manage this spa for a public company. At the end of 5 years (or sooner) you will be able to purchase it outright from the public company if you desire. This luxurious spa on the west side of Phoenix offers the following services: Massage, Facial, Teeth Whitening, Hair, and Waxing. This spa is an experience in an organic atmosphere dedicated to total wellness. You will find balance with the massage therapists, estheticians, and hair stylists tailoring the variety of services it offers and allowing you to relax, simplify and enjoy your journey. The spa is designed to be eco-friendly. It is constructed with pure bamboo in its welcoming and common areas, as well as eco-friendly carpet in the therapy rooms. Each therapy room uses low-voltage and energy efficient lighting and water-efficient bathroom fixtures.

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Own 20% of this luxurious spa for a fraction of the cost ot buy it! Earn a salary plus 20% of the profit to manage this spa for a public company. At the end of 5 years (or sooner) you will be able to purchase it outright from the public company if you desire. This luxurious spa on the west side of Phoenix offers the following services: Massage, Facial, Teeth Whitening, Hair, and Waxing. This spa is an experience in an organic atmosphere dedicated to total wellness. You will find balance with the massage therapists, estheticians, and hair stylists tailoring the variety of services it offers and allowing you to relax, simplify and enjoy your journey. The spa is designed to be eco-friendly. It is constructed with pure bamboo in its welcoming and common areas, as well as eco-friendly carpet in the therapy rooms. Each therapy room uses low-voltage and energy efficient lighting and water-efficient bathroom fixtures.
Competition:
While there may be other spas on the west side of town, none of them are like this one. While there is always competition, the practitioners in this spa are also the best in their field. The current owner does a fair amount of marketing and the spa is known in the area.
Growth & Expansion:
The spa has a base membership of recurring monthly fees in the $12,000 per month range. More marketing could be done to attract members from further away using the website and more marketing.
Financing:
Yes
Support & Training:
Seller can offer 30 days
Reason for Selling:
Other Business Interests

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Christopher Kimberlin, M.B.A.

Business Listed By:
Christopher Kimberlin, M.B.A.

Arizona Equity Solutions, LLC

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