Seller's Loss Is Your Gain On This Massage Day Spa

Business Overview:

This spa has recently closed it's doors. It had only opened this past October, but the owner needed to return to her home state for personal reasons and then had problems keeping employees. Prior to it's opening last October, the space had been remodeled and all the equipment remains there for a new owner to take over. Most all of the $50,000 price will go toward past due rent to the landlord. There also may be additional rent due that is past due as well at this point.

Nevertheless, this remains a 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 $50,000 purchase price is quite the bargain as to build out, equip, and back sales software would probably cost over $400,000!! This area has been under serviced since the 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. Staff up and you are in business. Although now closed this spa is 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. This area has been void of a massage spa for the last 3 years so there is great opportunity for growth and success.

Reason for Selling:

Personal reasons to return to her home state.

Additional Details:

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