Very Profitable & Fast-Growing Franchise Spa in Metro Detroit

MI

Very Profitable & Fast-Growing Franchise Spa in Metro Detroit

Asking Price:$549,000

Cash Flow:$212,937

Gross Revenue:$1,006,298

EBITDA:N/A

FF&E:$100,000

Inventory:$30,000

Lease Rate/Sq. Ft.:N/A

Established:2013

Very Profitable & Fast-Growing Franchise Spa in Metro Detroit

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Business Description

Profits continue to rise each year.

This is an upscale spa providing high quality skin care services and products at affordable prices. It is located in a beautiful 2,900 square foot facility in a busy strip center with easy access to the freeway. The spa is part of a fast-growing national franchise which offers exclusive memberships. The services offered include facials, peels, masks, waxing, microdermabrasion and a vast selection of massage choices for its members. This is a turnkey operation with a highly skilled professional staff of therapists and estheticians including a full-time manager. This is a great opportunity for someone interested in a franchise spa location with an established membership base and profitability that continues to increase each year. This business has been pre-qualified for SBA financing. For more information, please contact Jeff Sak of Transworld Business Advisors of Metro Detroit at (248) 321-3329 or jsak@tworld.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,899
Lease Expiration:
N/A
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The spa opened in 2013 and has seen its profits grow each year of operation. The owners are now selling this location in order to focus efforts on opening other franchise locations.
Competition:
At this beautifully designed and inviting spa, the business model is simply to provide top quality services and signature products at affordable prices for its members. The spa differentiates itself from its competitors by offering a larger selection of services provided by a full staff of professional therapists who provide one-on-one education, personal care and services that exceed their customers’ expectations.
Growth & Expansion:
Continued growth can be expected by further developing the esthetics department as well as increasing grassroots marketing efforts and business-to-business sales. Through these efforts, the current membership of approximately 1,300 individuals can certainly be increased to over 2,000.
Support & Training:
1 week
Reason for Selling:
other interests

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Jeffrey Sak

Business Listed By:
Jeffrey Sak

Transworld Business Advisors of Metro Detroit

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