Details - Information last confirmed on January 24, 2021
This 20-year well-established business has been built from the ground up with a strong foundation in community support and local clientele, and also captures a large volume of tourism business year-round, servicing over 20,000 appointments per year.
A large core staff is well defined and committed to the growth and stability of the company. General Manager and key administrative staff are in place, and the business systems run steadily and efficiently. This is a turn-key business that does not require owner day to day activities necessarily, yet there is always plenty to do for the active business owner with the ability to capture more net income with active participation.
The business is situated in a high-volume area and enjoys a large network of B2B referral relationships for spa services in the area. The facilities are fully built out and optimized. The service menu is diverse and creates a cross-promotion of services, which generates increased customer attraction. Marketing has long been established and search engine optimization and ranking are excellent.
ASKING PRICE: $1,100,000
CASH FLOW: $391,031
GROSS REVENUE: $2,019,504
FF&E: $140,000 (included in asking price)
INVENTORY: $5,000 (included in asking price)
REAL ESTATE: Owned; $900,000 est. (not included in asking price)
SUPPORT & TRAINING: The Seller will familiarize a buyer with all aspects of the business for a period of 90 days and thereafter by telephone consultations for a period of 6 months. He is also available to provide consulting services as needed following the familiarization period for a fee TBD.
FACILITIES: The business operates from 4,000 ft of upscale facilities situated in a spectacular setting. The Seller estimates the real property will appraise in the $900,000 range and will sell to a business acquirer at appraised value, or, hold the property and function as the landlord to the business acquirer for a market-rate rent. Details provided to serious candidates only.
REASON FOR SELLING: Multiple business interests.
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