Business for Sale Overview:
This is a rare South Bay Find – a highly profitable life-style oriented business near the beach, with complementary neighbors, and plenty of parking, in an area always sought after by business buyers. This South Bay day spa occupies prime real estate, providing ideal drive and walk-by traffic visibility and allowing the affluent local client base to walk down the beach path to receive a treatment. The day spa, which current provides non-invasive procedures and massage, has tremendous upside potential as it is semi-absentee run, and could benefit tremendously from medical oriented services including laser hair removal, laser liposuction, injections (Botox, collegen, restalyn), etc.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This ideally located 750 square foot facility leases for $1,600 per month, on a lease until August 2010 with a two-year option. The facility offers clients 3 treatment rooms, a reception area filled with retail product offerings, and the most plentiful parking available in the South Bay. All equipment, with the exception of a $30,000 unit is fully paid for and is included in the sale. This additional unit may be purchased separately if a buyer so desires.
Market Competition and Expansion:
The day-spa business is highly competitive; however, competition tends to be very local in nature, with clients visiting services providers near their residences, work place, or children’s schools. As such, this spa has a irreplaceable competitive advantage over competition with less convenient locations.
New owners will likely seek to allow the facility to continue to grow via its own accord, as it has all of the components necessary to continue to increase its sales volume and profit levels. New owners may seek to add medi-spa services such as injection products, laser hair and vein removal, laser liposuction, etc. as such services command high profit margins in such affluent communities. In addition, while the current owner is semi-absentee, new management may seek to reduce labors expenses by operate the day spa full time. Naturally, if they are a service provider themselves (esthetician, massage therapist, etc.) they may increase net profits by the amount of business they are able to pull in, which is often upwards of $120,000!
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.