Profitable, Luxurious Day Spa with 20 Yr. History

TX

Profitable, Luxurious Day Spa with 20 Yr. History
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Asking Price: $175,000

Cash Flow: $83,072

Gross Revenue: $740,383

EBITDA: N/A

FF&E: $67,311

Inventory: N/A

Established: 2000

Profitable, Luxurious Day Spa with 20 Yr. History

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Business Description

This luxury day spa that features massage, skin care and nail care. It also sells a broad line of retail products. From its inception in 2000, its mission has been to pamper customers within an environment of elegance while providing spa services at an affordable price.

Detailed Information

Employees:
3 FT/10 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The spa was designed and constructed by an interior designer and luxury home builder. Its 2900 square foot suite includes two waiting lounges, nine treatment rooms, separate men's and women's restrooms that each include private shower facilities and individual dry saunas, a manicure/pedicure area with two stations, reception area, front office and a breakroom/laundry/supply area. The entire space has a fresh feel and is move-in ready for a new owner. The spa suite includes a distributed sound system that plays the same low-level music throughout the spa.
Competition:
Day spas are often seen within strip centers of this market area. Generally these establishments come and go, change names, and experience high employee turnover. This business sets itself apart with its highly-skilled, long-term staff providing custom massage therapy in an environment of elegance. The walk-up appeal of this day spa is unmatched in its market.
Growth & Expansion:
While the spa is located in a decades-old affluent subdivision, nearby residential and business development has exploded in recent years. The spa has not added a reach-out to this new development. It currently does not market aggressively and does no direct mail marketing. With a revitalized marketing plan, top line revenue of $1MM is within reach for a new owner.
Support & Training:
Will train for 2 weeks @ $0 cost. Spa services include massages, facial and skin care, nail services, waxing and tinting, body wrap and much more! Retail product sales account for about 7% of sales. In addition to the entity, all massage therapists and estheticians must be licensed by the Texas Department of Licensing and Regulation (TDLR).
Reason for Selling:
Seller is above full retirement age and ready to transition.
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Mariann & Andy Montgomery

Business Listed By:
Mariann & Andy Montgomery

Murphy Business Sales

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