High-End Urban Spa & Day Resort

King County, WA

Seller Financing Available
High-End Urban Spa & Day Resort
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Asking Price: Get Financing: $850,000

Cash Flow: $285,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $80,000

Inventory: $113,000*

Lease Rate: N/A /SF

Established: 1988

*not included in asking price.

High-End Urban Spa & Day Resort

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Business Description

Exclusive Day Spa and Resort

This spa provides far more than a monthly massage and facial. They provide an experience normally found only at luxury resort spas, from aromatic foot baths and multi-jetted showers to customized services specifically meeting the needs of their guests. With hydrotherapy, Vichy shower, and Japanese tubs, this spa has multi-level offerings putting it a cut above the competition. Their products are natural, organic, therapeutic, and one of a kind. Each location has an area for group activities and classes, either inside or out. The ability to serve larger corporate groups and gatherings makes for a unique setting.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,600
Lease Expiration:
N/A
Employees:
33
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There's a location in the greater Seattle area, another East of the Cascades, and a location for custom manufacturing of their own product line within the Seattle area and at numerous custom labs, most on the West coast.
Competition:
There is considerable competition in the spa and treatment arenas, but location, quality, and breadth of services offered, plus custom products place this business in the upper tier of luxury spas and urban retreats.
Growth & Expansion:
The model is already in place for expansion into other urban areas that may be underserved at this high level.
Support & Training:
As required and agreed upon.
Reason for Selling:
Retirement
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Fred Canada

Business Listed By:
Fred Canada

The Quincy Group

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