Profitable Day Spa in Central Houston-SBA Approved

Harris County, TX

Profitable Day Spa in Central Houston-SBA Approved
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Asking Price: $225,000

Cash Flow: $94,796

Gross Revenue: $185,688

EBITDA: N/A

FF&E: $12,500

Inventory: $10,000

Rent: $2,040 /Month

Established: 2011

Profitable Day Spa in Central Houston-SBA Approved

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Business Description

SBA Pre-Approved! EXCELLENT LOCATION! Popular Industry!

This business has been pre-qualified for an SBA loan with a 20% down payment!

The United States is the largest spa market in the world, with 21,000 facilities and $16 billion in revenue. The global spa market is forecast to rise at a compound annual growth rate of 5.66% from 2017 to 2021.

This Houston day spa opened in 2011 in a small office building in the affluent West U area. 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 3 treatment rooms in a relaxing and efficient space of only 1,000 square feet (keeps overhead low). There are 3 employees. Sales from the 2018 tax return were $185,688 with $94,796 in seller's discretionary earnings. The listing price includes FF&E of $12,500 and inventory of $10,000.

The seller is ready to retire but 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. Seller does very little advertising which leaves a lot of potential to gain new clients.

Detailed Information

Location:
Harris County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
979
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
retiring
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Contact the Seller

(from currently available funds)
 
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Ron Hankamer, Jr.

Business Listed By:
Ron Hankamer, Jr.

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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