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High End Spa - Hair - Massage - Medspa In Affluent Area
Location: United States -> Massachusetts
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Are you an experienced professional looking to own a high end spa in a beautiful ocean community? Here is a profitable, well-diversified business with multiple revenue makers under one roof including esthetics, massage/body treatments, bridal services, lash bar, waxing, spray tans, nail bar, makeup bar and a full suite of separate hair styling rooms for cutting, shampoo and coloring. The spa's interior is a gorgeous, custom-designed oasis with 14 treatment rooms, 2 bathrooms, spa lounge w/fireplace and a large, open foyer with product display cases, a makeup bar and an elegant curved reception station.

The business generated an average of $550k in annual revenue from 2021-2022. According to the Seller, the next step to dramatically increase revenue is to integrate a larger number of medical-based procedures such as Botox and fillers, laser hair removal and laser facial rejuvenation into the existing menu of services, thereby creating that ''one-stop beauty spa''. The owner is willing to provide buyer financing and training options for a qualified buyer. The asking price includes the business tradename, equipment, furniture, fixtures and customer list. Retail inventory paid for separately.
This business was formed in 2003 by a prolific technology executive who wanted to create a one-of-a-kind salon that offered a large variety of treatments under one roof. For nearly 20 years, the business has been able to remain profitable in a very competitive field by integrating both traditional and medical spa services into the operations model. The business is setup to be easily managed remotely, if needed.
There are no real competitors in the area that are large enough to provide the same variety of services in one location. There is a typical mix of standalone salons, massage parlors and smaller spas in the region but they are limited in their ability to diversify into emerging trends such as medical treatments. With thousands of past customers and a highly visible locat


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $551,300
Cash Flow:   $272,018
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,837
Seller Financing:  Yes

About The Business

Year Established:  2003
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  retirement

Photos

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High End Spa - Hair - Massage - Medspa In Affluent Area Photo 1




Print Listing Id: 700386436




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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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