Seller's Contact Information
- RE: Exclusive Listing: Medical & Beauty Spa With 2 Locations In Utah
- Contact: Dean Wiltse
Business Overview:
This is a unique opportunity for potential buyers, as the owner is looking to step back after over 20 years in the industry to focus on family and other interests. With a highly skilled and experienced management team already in place, the business offers a seamless transition for someone looking to be an absentee or semi-absentee owner, ensuring continued success while maintaining operational stability.Offering the combination of spa services, a beauty salon, and a boutique under a hybrid business model. It generates revenue through treatments like facials, haircare, and cosmetic procedures, along with product sales in a curated boutique. Catering primarily to women of various ages, the company serves local and visiting clients seeking luxury beauty and wellness services.The Day Spa has demonstrated strong financial performance, with an average revenue of $4.7 million over the past three years (2022, 2023, TTM). The company's Medical Services segment has experienced rapid growth, increasing by 44% from 2022 to 2023. Additionally, the company has a healthy average Seller’s Discretionary Earnings (SDE) of $492,000 (2022, 2023, TTM), highlighting its profitability and operational efficiency.Property Features and Assets:
2 locations. First is 3000 square feet with a long term lease, Second is 6,000 square feet with a long term leaseMarket Competition and Expansion:
The Day Spa is poised to capitalize on the projected 300% growth in the U.S. medical spa industry by 2033. Rising obesity rates are increasing demand for non- surgical body sculpting, while societal pressure and appearance focus drive interest in treatments like Botox and dermal fillers. Additionally, an aging population and higher disposable income are fueling demand for premium anti-aging and wellness services, positioning for continued revenue growth in the expanding medical spa market.Reason for Selling:
The owner is looking to step back after over 20 years in the industry to focus on family and other interests. With a highly skilled and experienced management team already in place, the business offers a seamless transition for someone looking to be an absentee or semi-absentee owner, ensuring continued success while maintaining operational stability.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Listing Update!
Update: Exclusive Listing: Medical & Beauty Spa With 2 Locations In Utah is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Miscellaneous: Non-classifiable Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.
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Exciting update: Exclusive Listing: Medical & Beauty Spa With 2 Locations In Utah has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!
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