Own a Profitable Day Spa with World Class Facility in a Great Location for a Med Spa.
- Primary Category: Spas for Sale
Day Spa with Massages, Facials, Mud Treatments, Sugar Scrubs, Herbal Wraps, Pedicures, Manicures, Whirlpools, Steam Room, Couples Massages and Facials, 8 different modalities of massages and 5 different facials with a few add-ons.
Financial Information
- $1,290,000 Asking Price
- $95,861 Cash Flow
- $568,952 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: Quad State area.. PA, VA, WV, MD
- State: Confidential
Financing Comments
- Seller is interested in selling both the real estate as well as the business and is willing to help finance the business portion of the sale to the right buyer.
Reason for Sale
- Retirement
Detailed information
- Year Established: 1998
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 10
- Part-Time Employees: 3
- Contractors: N/A
- Owner Worked Hours/w: 40
- Adjusted EBITDA: $22,135
- Inventory Included: Yes
- Inventory Value: $5,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $990,000
- Building Size: 5636
- FF&E Included?: Yes
- FF&E Value: $0
Training/Support
- The owner is willing to help train the new owner as needed for a smooth transition. Owner will like to continue to work with the business on a part time basis to assure a smooth transition and to help grow the business in the future.
Facilities
- This day spa is located in a very attractive tourist/vacation area. with population of over 55MM people living within 250 miles
Market Outlook/Competition
- There are several spas in the geographic area. However, there are no med spas This spa gets rave reviews and has been featured in many publications, consistently ranked as one of the best in the region. They are very highly recommended by Hotels, Resorts and Bed and Breakfasts in the area. They have become a destination with guests from several large metropolitan areas as well as regular customers who live in the area or maintain 2nd second homes.
Real Estate Description
- Business is located in a very attractive tourist area with high property values that are expected to continue to increase due to the location as well as the popularity and growth of the surrounding region.
Business Listed by
John Lichter
Sunbelt of MorgantownContact Business Broker
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