Major Price Reduction on this Massage Day Spa

Not Disclosed, MN
Dakota County

Twin Cities Suburb South of the River

Asking Price: Annual Revenue:
$250,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning

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RE: Major Price Reduction on this Massage Day Spa Broker: Darrel Damhof
Owner Financing is Available!
$100K down/$150K over 36 mos. @ 7%.

Quick Facts

Asking Price: $250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $169,072
Real Estate: Not Disclosed
Year Established: 2022
Employees: 13
BBN Listing #: 48704955
Broker Reference #: 5101-17462

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Business Overview:

OWNER WILLING TO CARRY! Once in a lifetime opportunity to own re-opened successful Body and Skin day spa that was closed by previous franchise in 2019. It's located off main thoroughfare in popular Southern suburb of the Twin Cities. The $250,000 purchase price is quite the bargain as to build out, create new brand, website, and back sales software would cost between $700,000 and $1M for initial investment. This area has been under serviced since old franchise closed as the nearest competitor is over 5 miles away. Location is comprised of 13 treatment rooms (4 esthetician, 8 massage, 1 couples room). Opportunity for expansion of business with chiropractor or physical therapists leasing out rooms. Full-time manager handles the day-to-day operations of the business. Open and running just waiting for new ownership to take the helm!

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Property Features and Assets:

Spa is located in large strip center with big box stores and is extremely visible from main street in the city with many other retail businesses in the area. The 3,239 square foot space has been remodeled and updated to provide a pleasant and relaxing experience for their clients as well as a comfortable work environment for its employees. In addition to the 13 treatment rooms the location boasts a private waiting room, large reception area, break room for employees, and an office for the manager/owner. Assets = $231,072

Market Competition and Expansion:

There are other massage businesses (both franchise and not) in the area, but none within 5 miles of this location. As this massage day spa just recently opened in an area void of a massage spa for the last 3 + years, there is great opportunity for growth and success.

Reason for Selling:

To successfully open pre-established location

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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