Price Reduced! Day Spa

Luzerne County, PA

Price Reduced! Day Spa
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Asking Price: $59,000

Cash Flow: $107,192

Gross Revenue: $1,110,167

EBITDA: N/A

FF&E: $102,810

Inventory: $37,886

Established: 2003

Price Reduced! Day Spa

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Business Description

The business provides a number of services which encompass massage, skin treatments as well as manicures and pedicures. However, no nail finishes are used in keeping with the holistic philosophy.
Owners refurbished the building to suit the needs of this concept. The interior is warm, friendly and beautifully appointed. They never expanded to more than 1 location though there is plenty of open territory.

Detailed Information

Location:
Luzerne County, PA
Inventory:
Included in asking price
Employees:
4 FT/6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a three story building located on one of the busiest streets in Luzerne County. It is about 4,800 sq. ft. The basement houses the laundry and storage facility. The first and second floor is used for reception and treatment rooms. The third floor housed administrative offices which could be transformed into additional treatment rooms. The building is set back so there is a pleasant front lawn. There is a paved back area used for customer parking.
Competition:
The only competition in the area are mom/pop salons.
Growth & Expansion:
Growth can be achieved by opening on Sunday, changing third floor spaces to additional treatment rooms, following the suggestion of corporate to switch to hourly paid instead of commission paid therapists.
Support & Training:
Will train for 2 weeks @ $0 cost. The business sells a variety of skin care products. The massage therapists and estheticians are licensed.
Reason for Selling:
Retirement.
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Bernie Siegel

Business Listed By:
Bernie Siegel

Murphy Business

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