Popular OKC Spa Getaway with Wellness Services

Oklahoma County, OK

Seller Financing Available
Popular OKC Spa Getaway with Wellness Services
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Asking Price: $225,000

Cash Flow: $99,454

Gross Revenue: $279,144

EBITDA: N/A

FF&E: $85,000

Inventory: $17,500*

Rent: $2,500 /Month

Established: 2015

*not included in asking price.

Popular OKC Spa Getaway with Wellness Services

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Business Description

A money-maker !

This award-winning Oklahoma day spa opened in 2015 in a 4,000 square foot facility in Edmond, Oklahoma and has been featured in numerous news features and magazines. If you're seeking a head-to-toe makeover, this is the perfect full-service spa for you. Rejuvenate your skin with a refreshing facial! Want velvety smooth skin? Indulge in their skin treatments, including microdermabrasion. This establishment provides guests with multiple massage enhancements, such as hot stone, deep tissue, and Swedish massage; or schedule a waxing to professionally remove unwanted facial or body hair.

This day spa consists of 7 treatment rooms and a nail salon in a relaxing space of approximately 4,000 square feet. There are 6 employees. Sales from the 2018 tax return were $279,144 with $99,454 in seller's discretionary earnings. The listing price includes FF&E of $85,000 and inventory of $17,500.

The seller is ready to move and will assist the buyer with the transition of the business. The ideal buyer would be a licensed esthetician and massage therapist who is looking for a thriving business that is ready for additional growth. Books are full every single weekend and has great recurring income.

Detailed Information

Location:
Oklahoma County, OK
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
6/1/2020
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Started in 2015, this salon and spa has established a reputation for the best in the area. With a customer list of over 100,000 clients, schedules remain full and revenues continue to increase.
Competition:
No other spa in the state with all the services offered.
Growth & Expansion:
There is room to expand services and capitalize further on the existing customer demands. A limited number of spa options are nearby making this a very convenient option for many affluent residents
Financing:
Seller Financing available with significant down payment
Support & Training:
With a staff of massage therapists and cosmetologists, this operation runs smoothly. Staff is expected to stay through the transition, allowing a new owner immediate cash flow and an uninterrupted customer experience.
Reason for Selling:
Moving out of state
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Business Listed By:
Krystal Crain

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