Business Overview:
A state-of-the-art boutique day spa. An award-winning landmark well-recognized establishment for over 25 years. Offers a large variety of services to individuals, couples, and groups. Located in Westchester the spa caters to a very affluent neighborhood. Currently, there are 12,000 customers in the database with a very high retention rate of 85%. The spa established in 1994 and it’s ready to be taken to the next level. This beautifully decorated 3,000 square feet space has great potential and can accommodate a large volume of clients and services. Last few weekends there were 45 customers visiting the location. During the pandemic, the spa resumed services when it was safe to reopen. 2020 tax returns indicate a positive net income! Ever since reopening the activity has been incredibly positive and revenue has been climbing to pre-pandemic levels. The spa offers plenty of parking ( 45) and is very conveniently located on a very busy road. Aside from the spa, there are two more profit centers available. A lovely café and a retail shop that offer adorable items. Both add-ons can generate income and are integral parts of the owner’s income.
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Property Features and Assets:
Facilities: Lease the spa or Buy all 3 buildings– Spa = $4,500 monthly, Spa Size Size =3,036 square feet – 2 stories. 2 other buildings are in the complex -more details will be shared upon request. Real Estate Option - $2,000,000
Market Competition and Expansion:
Competition: Not within 25 miles of this caliber.
Growth & Expansion: This business will continue to grow with aggressive marketing and promotions. Can open on Sunday as well. SEO online presence, Privet parties, Open 7 days a week, Social media, internet campaigns.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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