Business Overview:
One-of-a-kind business. This franchise spa business is entirely owner absentee and highly profitable with a prime location anchored by a prominent national retailer and surrounded by many small retailers that cater to similar demographics. The business was established by the current owners in 2015 and has grown tremendously, with annual revenue of nearly $1.4 Million. The business is currently operated by a full-time manager and over 20 employees, with the management handling payroll, inventory, and purchasing after approval from the owners. The business offers services such as massage therapy, skincare, and beauty treatment and sells beauty products that complement its services. The demand for its services is very high as they are always completely booked. There is plenty of room for growth, as the current space is only 80% utilized, with additional space that could be added.
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Property Features and Assets:
All fixed assets are in excellent shape as owners have prioritized guest experience. Prime location with the right demographic for beauty and personal care business. / Inventory: $10,000 (Included in listed price).
Market Competition and Expansion:
Competition: There are competitors, but this business offers a better experience, expanding its customer base with more repeat guests as well as its local market share.
/ Growth and Expansion: The business currently utilizes only 80% of its space, and demand is only growing. The new owner can utilize the remaining unused space for growth as the current demand is high.
Reason for Selling:
Other opportunities
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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