Full-Service Day Spa + Salon

Not Disclosed, SD


Asking Price: Annual Revenue:
$298,900 $707,320

Retail: Health, Beauty, Nutrition


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RE: Full-Service Day Spa + Salon Broker: Josh Wolters

Quick Facts

Asking Price: $298,900
Annual Revenue: $707,320
Net Profit: Not Disclosed
Cash Flow: $113,424
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 14
BBN Listing #: 81624955
Broker Reference #: 5401-15364

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Business Overview:

This is a long-running, full-service Day Spa in a prime location. It has an extensive client base and draws high end clientele looking for a destination get away in the Midwest! The Company prides itself on catering to groups of people with multiple staff and rooms to accommodate bridal parties, family gatherings, girlfriend weekends, couples’ treatments and much more.

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Property Features and Assets:

Location is one of the keys to this business’ success. This first-class Day Spa is situated on a busy main street with ample parking and lot of pedestrian traffic, with much potential for growth in the area. It provides many spa options, with a very extensive menu of services, including a hair salon, massage, facials, manicure, pedicures, body treatments and more! This spa has nearly 5,000 square feet and has locker rooms and steam rooms for amenities. You won't find a more all-in-one package for a Day Spa with all equipment and decor included, ready for you to walk in and go! Assets= $215,000

Market Competition and Expansion:

There are only a couple other players in this industry and there is a good working relationship between. The Sioux Falls market is broad enough that there is no need to fight over customers or undercut margins to draw new clients. Adding employees could increase revenue. The owner has acknowledged that their marketing efforts could be improved, such as direct marketing to the new high-end housing going in the area.

Reason for Selling:

Owner would like to retire.

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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