Established Profitable Day Spa

Not Disclosed, NY
Westchester County

Asking Price: Annual Revenue:
$1,590,000 $1,236,413

Services: Hair, Nails, Spas, Tanning

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RE: Established Profitable Day Spa Broker: Ed O'Deven

Quick Facts

Asking Price: $1,590,000
Annual Revenue: $1,236,413
Net Profit: Not Disclosed
Cash Flow: $402,315
Total Debt: Not Disclosed
FF&E: $445,803
Real Estate: Not Disclosed
Year Established: 1995
Employees: 21
BBN Listing #: 16204955
Broker Reference #: 3405-15415

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Business Overview:

This profitable Day Spa offers exquisite spa services, a professional, esthetic and tranquil atmosphere and enjoys a loyal and extensive clientele. The Spa has maintained a very high operational standard over the past 24 years and is now ready to find a like-minded buyer who recognizes the significant potential and goodwill in the business.

The Spa offers a variety of signature organic facials, massages, body treatments, spa manicures and pedicures, waxing and make-up applications. Each treatment room offers unique décor including a finely appointed couples-room with a fireplace and private shower. Clients may also complement their spa services with a healthy lunch and assortment of smoothies and other refreshing beverages in its intimate cafe or outdoor garden area. The Spa was founded in 1995 and experienced rapid growth that soon led to a relocation to a larger facility. In the summer of 2003, the Spa landed on a prime location in the center of town and after just 3 years, underwent a further expansion to accommodate continued growth of its clientele. At that time, the Spa was doubled in size and fully renovated to achieve enhanced aesthetics and comfort. The Spa continues to deliver quality services and an exceptional experience and that are worthy of its reputation and promote impressive and durable client retention.

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Property Features and Assets:

The business leases its space from the owner's real estate partnership and will provide a fair market value lease to the buyer of the business. The space is adequate for the Spa’s current business, however further expansion may be possible in the adjacent building when that tenant’s lease expires in June, 2021. Adequate parking is provided. Assets= $749,285

Market Competition and Expansion:

The Spa has no competition in its geographical area. There are really no known weaknesses or threats and they have grown consistently over the decades This Day Spa has enormous growth potential: It is currently closed on Sundays, however the owner estimates that an additional day of business could add between $230,000 to $270,000 of revenue. Other contemplated sources of revenue encompass medical spa services, wellness and nutritional products and CBD. Further growth could be realized with enhanced social media marketing, a modernized website and a loyalty membership program.

Reason for Selling:

Owner retiring after 24 years.

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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