Specialty Spa

King County, WA

Specialty Spa

Asking Price:$395,000

Cash Flow:$136,000

Gross Revenue:$265,000

EBITDA:N/A

FF&E:$20,000

Inventory:$14,000*

Lease Rate:$1.30 /SF/Month

Established:2012

*not included in asking price.

Specialty Spa

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Business Description

Unique Spa in Prime Location

This profitable, beautiful, and tranquil spa provides relaxing therapy and healing services in a niche that is exclusive to Washington state. Services include massage/body and energy work, acupuncture, and yoga/meditation. It also offers niche-related products on both the wholesale and retail levels, and has a website with online ordering capabilities. They also offer consultation, design, and construction for use of their products.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,850
Lease Expiration:
3/31/2022
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The spa is located in an office park in close proximity to major freeways and was thoughtfully designed to feature the primary product/service, and to enhance the client experience. From water features to special wall construction to computer-controlled lighting, the products and services that this business offers are thoroughly reflected in the stunning surroundings.
Competition:
There are other spas offering massage, acupuncture and yoga/meditation, but none that offer the special products, services, and consultation that this one does.
Growth & Expansion:
Currently not open on Sunday, or before 10 a.m. or after 3 p.m. on Saturdays, or before 10 a.m. or after 5 on M - F, so extending hours could provide additional revenues.
Support & Training:
As requested and agreed upon.
Reason for Selling:
Moving

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Fred Canada

Business Listed By:
Fred Canada

The Quincy Group

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