Wellness Spas with Recurring Revenue Serving Major Texas Markets

TX

Wellness Spas with Recurring Revenue Serving Major Texas Markets
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $10,012,000

EBITDA: $1,009,000

FF&E: N/A

Inventory: N/A

Established: N/A

Wellness Spas with Recurring Revenue Serving Major Texas Markets

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Business Description

This offering is a collection of nine separate companies, operating independently, which provide personalized, luxury spa services in a subscription-based model to customers in each of the companies´ key city locations. The companies offer wellness and beauty
therapies that include body treatments, massage, skincare, natural nail therapies, and alternative therapies, such as acupuncture.

Key aspects
· Five current locations based in major metropolitan Texas cities
· Three new additional locations set to open in summer and fall 2019
· Combined 2018 revenue of over $10 million, representing year-over-year growth of 34%
· Subscription-based business model provides consistent recurring revenue
· Repeatedly named to the Inc. 500/5000 Fastest Growing Companies in America
· Comprehensive proven social media marketing strategy that has fostered brand awareness
· Proprietary, private-label product line in progress

Detailed Information

Facilities:
Headquartered · Dallas, Texas Real estate · Each location leases its facility from unrelated third parties. All leases are assumable by new ownership.
Competition:
Current markets · Each location serves its own specific local geographic market with a primary customer base of women of all ages. Shareholder/owner objectives · Ownership seeks an acquirer that will continue to grow the business to its full potential. All owners are open to various deal structures. Two active partners expect to remain with the business to assist with future growth. The other inactive owner is open to a partial or full sale of his interests in the business.
Growth & Expansion:
Opportunities · High growth potential inside and outside of the current Texas market · Replication model based on a definitive criteria set, proven to produce predictable and positive results · Further expansion on the corporate wellness program model · Realization of the cost savings and higher margins once the company's proprietary private label product line is launched
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(from currently available funds)
 
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Luis Vinals

Business Listed By:
Luis Vinals

Benchmark International

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