Business For Sale

Upscale Day Spa and Nail Lounge

Not Disclosed, WA
King County

King County

Asking Price: Annual Revenue:
$618,000 $764,360

Services: Hair, Nails, Spas, Tanning

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RE: Upscale Day Spa and Nail Lounge Broker: Judy Elrod

Quick Facts

Asking Price: $618,000
Annual Revenue: $764,360
Net Profit: Not Disclosed
Cash Flow: $234,116
Total Debt: Not Disclosed
FF&E: $20,687
Real Estate: Not Disclosed
Year Established: 2014
Employees: 19
BBN Listing #: 30374955
Broker Reference #: 8004-14579

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Business Overview:

Profitable! Double-digit growth in sales every year since it began. Strong brand recognition for luxury and service. NOT a franchise. Outstanding location. Fantastic Interior design. Recognized as one of the best spas in the U.S. Rated very highly by media and clients. There is room to grow in its current location and expand to new locations. The newly launched online store adds another revenue stream.

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Property Features and Assets:

Location, location, location--this modern spa is located near the best upscale shopping and restaurants in the state and is in the heart of a vibrant city center and growing employment hub. 10 year lease, currently in year 4. The lease includes convenient complementary parking for clients. Fully equipped spa with an extraordinary look and feel of the space, an attractive website including an online store. Significant money and planning went into the leasehold improvements. Total Assets: $197,397

Market Competition and Expansion:

Its growth each and every year shows its brand as an attractive, modern luxury spa focusing on its clients is out performing the competition. It is continuing to grow from its reputation and booming location. A New Owner could open the spa 7 days a week and offer longer hours. A major employer has approached this owner to expand near their headquarters. With its strong reputation and brand recognition it is poised for expansion.

Reason for Selling:

Family reasons.

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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