Business For Sale

Day Spa

Luzerne County, PA
Luzerne County


Asking Price: Annual Revenue:
$300,000 $1,124,966

Services: Hair, Nails, Spas, Tanning


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RE: Day Spa Broker: Bernie Siegel
Owner Financing is Available!
Lender pre-screened with $40,000 down.

Quick Facts

Asking Price: $300,000
Annual Revenue: $1,124,966
Net Profit: Not Disclosed
Cash Flow: $224,880
Total Debt: Not Disclosed
FF&E: $102,810
Real Estate: Not Disclosed
Year Established: 2003
Employees: 10
BBN Listing #: 79524955
Broker Reference #: 2701-13135

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Business Overview:

The business provides a number of services which encompass massage, skin treatments as well as manicures and pedicures. However, no nail finishes are used in keeping with the holistic philosophy.
Owners refurbished the building to suit the needs of this concept. The interior is warm, friendly and beautifully appointed. They never expanded to more than 1 location though there is plenty of open territory.

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Property Features and Assets:

This is a three story building located on one of the busiest streets in Luzerne County. It is about 4,800 square feet. The basement houses the laundry and storage facility. The first and second floor is used for reception and treatment rooms. The third floor housed administrative offices which could be transformed into additional treatment rooms. The building is set back so there is a pleasant front lawn. There is a paved back area used for customer parking. Assets = $490,696

Market Competition and Expansion:

The only competition in the area are mom/pop salons. Growth can be achieved by opening on Sunday, changing third floor spaces to additional treatment rooms, following the suggestion of corporate to switch to hourly paid instead of commission paid therapists.

Reason for Selling:

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.

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Disclaimer:

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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