This charming day spa in the heart of West Hollywood has just undergone a number of upgrades including new flooring and a room addition. The business, established in 2010, boasts 5 treatment rooms for massage, esthetician or potentially other complementary services. Each room has a sink and one room has a shower. The facility has 2 rest rooms and an employee break room with a fridge, washer and dryer.
This 1,000 square foot day spa leases for $5,500 per month on a lease until May 2020 with any potential options to be negotiated in the sale. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. Inventory will be sold at cost at close in addition to purchase price.
Competition is considered to be relatively high in West Hollywood, as it boasts an ideal demographic for massage and day spa services. With that being said this business is largely location based with a heavy amount of walk-traffic from the adjacent businesses and neighborhood.
New operators may wish to take this day spa in any number of directions. Opportunity exists to add on chiropractic, acupuncture or other such services under the spa’s overall wellness treatment model. Other options to bolster revenues include increased advertising and promotion, expanded treatments such as injectables or medical spa services, the addition of infrared sauna units, etc.
DealStream.com is an online community for dealmakers with over 100,000 active members in 100 countries.
Our members include entrepreneurs, corporate executives, private equity groups, business brokers, investment bankers, and M&A advisors. They use our website to buy businesses, sell businesses, and expand their professional networks.
If you are looking to buy a company or buy a business, we offer a searchable database with over 15,000 listings of businesses for sale, companies for sale, and franchises for sale. We have a lot of listings for middle market businesses for sale and large businesses for sale.
If you are looking to sell a company or sell a business, you can list your business for sale for free and reach thousands of business buyers and intermediaries.