Colorado Based Spa Franchise

Longmont, CO
Boulder County


Asking Price: Annual Revenue:
$575,000 $1,159,326

Services: Hair, Nails, Spas, Tanning


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RE: Colorado Based Spa Franchise Broker: Jared Olson
Owner Financing is Available!
10% Seller Financing or Equity $57,500

Quick Facts

Asking Price: $575,000
Annual Revenue: $1,159,326
Net Profit: Not Disclosed
Cash Flow: $117,627
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 28
BBN Listing #: 137834398
Broker Reference #: SLF011-A

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Business Overview:

Located in Bolder County, Colorado, this franchise spa location is right in the middle of a very accessible and busy area! This business operates out of a 3,000 square feet location with 10 treatment rooms that is not at maximum capacity. With a team of 28 team members including 3 team leads, this business has an established chain of command and, with some minor adjustments, could offer a buyer the opportunity for part-time ownership. The current owner handles oversight of the team, but the team leads primarily interact with the employees on an everyday leadership base. She also handles putting the final seal on financial decisions including payroll, closing the books, and finalizing orders from vendors. She has confidently posited that many of her responsibilities could be transitioned and delegated to her employees during the offered 3–6-month training period after sale.

This is a fully non-medical spa, meaning that their services do not require medical licensing and they do not offer aesthetic medical treatments like Botox or liposuction. Their service primarily consists of massages and skincare treatment with massages making up 60% of their scheduled services and skincare making a combined 40% including facials, body treatments, spray tans, waxing, and more. The current owners of this establishment have been dealing with some medical concerns and are looking to retire.

Priced at $575,000 this franchise establishment offers a buyer the opportunity to purchase a well-known location in a prime location with support from both the current owner and from the national franchise base making it the perfect opportunity for a first-time business owner. Not only does this business expect to see an increase in profit margin with an upcoming increase in pricing to take effect in November, but they have room to expand their services by diversifying their service area.

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Market Competition and Expansion:

Growth Opportunities: Expanding geographic service area, increasing the price of products and services.

Reason for Selling:

Health Concerns/Retirement

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 a franchise resale opportunity.

Documents:

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