REDUCED FOR QUICK SALE: Popular Body Contouring Spa for Sale

Memphis, TN (Shelby County) (Relocatable)

REDUCED FOR QUICK SALE: Popular Body Contouring Spa for Sale
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Asking Price: $59,000

Cash Flow: N/A

Gross Revenue: $186,000

EBITDA: N/A

FF&E: $17,000

Inventory: N/A

Rent: $1,108.80 /Month

Established: 2017

REDUCED FOR QUICK SALE: Popular Body Contouring Spa for Sale

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Business Description

Popular Beatuy Business with Strong Following & Celebrity Endorsement

The spa was opened just one year ago with a 4 hour open house party generating over $8k in immediate sales! The company has subsequenty built a base of over 1000 customers. The company is poised to double second year sales. It offers a unique array of services and therapies focused on body slimming and enhancement - including noninvasive lipo, buttock enhancement, vaginal rejuvenation, compression and detox weight loss treatments. It is the only business of its kind within 300 miles. No other business in the market offers a similar combination and array of services.The current facility includes 5 treatment rooms, break room, storage, and a reception/retail display area.Revenue comes from a variety of services, including single visits and packages, as well as a recurring revenue stream from a monthly membership program and proprietary retail products. The business is very popular with an impressive following on social media.

Detailed Information

Location:
Memphis, TN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,260
Lease Expiration:
8/31/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Minimal competition & numerous complementary businesses drive customer traffic. Business is currently located in a 1,160 sq-ft bay in an high-traffic retail strip center. The current lease expires in August 2020 but can be renewed and/or re-assigned to a new owner. All assets, furniture, and equipment are 100% owned with no debt obligation and are in good working condition. Full Suite of Proprietary Retail Products
Competition:
The business is a thriving niche and the only one of its kind within 300 miles. It is currently located in a busy geographical area and draws customers from all over. The company has gained celebrity attention and has an active endorsement through advertising.
Growth & Expansion:
There is a tremendous amount of potential to grow the business, and there are always new and profitable services and structure that can be added. Mega-growth all over this area will drive business growth organically. There is a great opportunity through retail product sales. A new owner with the right resources to increase marketing and advertising can take this business to even greater heights.
Support & Training:
TURNKEY Opportunity. Current owner is willing to train new owner on all modalities and business operations and can assist with obtaining any necessary certifications.
Reason for Selling:
The Owner is moving out of town.
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Business Listed By:
Katrina

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