Turn-Key Day Spa and Boutique with Real Estate

Manzanita, OR
Tillamook County


Asking Price: Annual Revenue:
$810,000 $600,000

Services: Hair, Nails, Spas, Tanning


Request More Information
Contact the Seller

RE: Turn-Key Day Spa and Boutique with Real Estate Broker: Daren Bucklin

Quick Facts

Asking Price: $810,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $130,384
Total Debt: Not Disclosed
FF&E: $48,425
Real Estate: Not Disclosed
Year Established: 2006
Employees: 8
BBN Listing #: 934752348
Broker Reference #: 59071-470631

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Beautifully designed and furnished high-end day spa in excellent location only one block from the beach. An ideal setting and location to provide customers a relaxing, rejuvenating day spa experience as part of their beach vacation. Experienced, qualified staff provide massage, facials, skin treatments, nail services, as well as an array of unique treatments and specialized spa service packages. Total turn-key business with experienced manager in place. Excellent books and records with established operational policies and systems in place. Poised for a buyer seeking an absentee ownership opportunity. The business has built an excellent brand and reputation with an established high-volume book of business with over 20,000 clients and growing. A small boutique retail clothing and gift shop is also included and contributes to approximately 10% of total revenue. Sale price includes prime commercial real estate for this area. Located in a mixed-use building with residential condominiums on top and retail/commercial space below. Constructed in 2007 two ground level commercial units were combined to form the existing 1,389 square foot space consisting of five treatment rooms, reception area, lobby/retail space and a manager’s office. Space is ideal with new hickory wood floors, custom built-in’s, fresh paint and beautiful custom finishes, functional furnishings and French doors that lead to a private outdoor patio. Common area includes a courtyard, perimeter walkway, parking lot, covered garbage enclosure and recyclable area, landscaped flower beds, and covered entrance portal. The property is member of a fully funded HOA which provides ongoing exterior maintenance and repairs, common utilities, garbage and insurance.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Constructed in 2007 two ground level commercial units were combined to form the existing 1,389 square foot space consisting of five treatment rooms, reception area, lobby/retail space and a manager’s office. Space is ideal with new hickory wood floors, custom build-in’s, fresh paint and beautiful custom finishes, functional furnishings and French doors that lead to a private patio. Common area includes a courtyard, perimeter walkway, parking lot, covered garbage enclosure and recyclable area, landscaped flower beds, and covered entrance portal. The property is member of a fully funded HOA which provides ongoing exterior maintenance and repairs, common utilities, garbage and insurance. As a professional athlete, personal trainer, and massage therapist the owner clearly saw the need in this growing beach community for spa services. In 2006 the owner partnered with a developer and interior designer to create and build this beautiful spa. The owner was correct about the demand for service as the business has shown steady growth and built a solid reputation for quality providing a sought-after experience that has become the highlight of many beach vacations and is now an integral member of this community. At this time, the owner is preparing for retirement and is seeking a buyer to continue to serve the high volume of spa clients they have achieved and continue to grow the business. The seller is available to offer post sale training and wants to ensure a smooth transition.

Market Competition and Expansion:

No other luxury day spas providing high end, unique treatments and quality services exist in this community or in the surrounding area. This business has become a popular spa and is often the highlight of vacations and one of the main reasons people choose this beach community. The business is in a popular area with growing demographics and significant development either in progress or planned. Currently the target market includes tourists, second homeowners and repeat clients located primarily within a 100-mile radius. The business consistently has a full schedule and can be grown with additional staff and expanded hours of operation to include morning and evening services. Partnering with other professional practitioners who are likely referral sources and accepting/billing insurance is also an option. A private outdoor patio provides ideal space to add outdoor massage or other spa treatments. Expansion of retail sales through e-commerce along with additional marketing can also contribute to further revenue growth. A large client data base provides an excellent source for on-going digital marketing.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!