Popular, Profitable, Turn-key Spa, In heart of trendy Hamilton

Hamilton, ON

Popular, Profitable, Turn-key Spa, In heart of trendy Hamilton
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Asking Price: Get Financing: $259,000

Cash Flow: N/A

Gross Revenue: $403,864

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $1,650 /Month

Established: 2012

Popular, Profitable, Turn-key Spa, In heart of trendy Hamilton

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Business Description

Double digit profit growth - 2015 to 2016 and 2016 to 2017 !

Trendy Spa with a long list of services, open for over 6 years in trendy downtown Hamilton, Ontario, Canada. (45 minutes west of Toronto, Ontario, Canada) Surrounded by fashionable restaurants, brand new condos (90% sold!), and a busy Starbucks with a patio nearby! Don't miss your chance!

Profits up 56% from 2015 to 2016! Profits up another 49% from 2016 to 2017! 3 years of financials are available. 4.4 Stars on Google!

All the equipment and chattels needed to open and make money tomorrow! A real turn-key setup! Green Certified, with exclusive rights to products.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
8/31/2021
Employees:
10
Facilities:
All inventory sold at cost, all equipment and chattels are included. Negotiable, the Live Moss Wall.
Competition:
Prime A-1 Location! The perfect clientele are here, and more are moving in! One of only two Green Certified Spas in the City!
Growth & Expansion:
There is an opportunity to bring out efficiencies, and economies of scale with some effective management, and marketing
Support & Training:
The owner is willing to train for 1-month, additional time can be negotiated.
Reason for Selling:
Curse of success! Double digit growth, hard work, and looking to slow down.
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Business Listed By:
Mahassen Farah

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