Profitable and Luxurious Skin Care Spa in Kingwood

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$159,900 $298,000

Services: Hair, Nails, Spas, Tanning


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RE: Profitable and Luxurious Skin Care Spa in Kingwood Broker: Katie Holditch

Quick Facts

Asking Price: $159,900
Annual Revenue: $298,000
Net Profit: Not Disclosed
Cash Flow: $91,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 35
BBN Listing #: 372344107
Broker Reference #: 76931-965006

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Business Overview:

**Partial Seller Financing Now Available!**

Open in the same location for 22 years, this gorgeous and profitable skincare spa is the epitome of luxury and relaxation. Serving Kingwood and the surrounding areas, this business takes care of its clients like family and offers the best quality facials, massages, makeup and medical-grade skincare with an emphasis on treating and maintaining problematic skin. For three years in a row, the spa has earned the “Best of Kingwood” title. In 2019, annual revenues topped $311,000 with an SDE over $67,000. Considering the atmosphere in 2020, the business still did well, posting over $225,000 in sales. The business bounced back beautifully in 2021 and year-end revenues will be very close to 2019 numbers. What even better though is that the seller restructured her commission pay down by 15%, so the annualized 2021 SDE is over $91,000. Considering the fourth quarter is the most profitable in the beauty industry, it’s likely that 2021 sales and SDE will be even higher by year’s end.

The entire team at the spa is committed to teaching clients how to care for their skin at home to achieve optimum results. The spa sells only the best, high-quality product lines, including Skin Medica, PCA and the spa’s own private line. Estheticians offer many different services such as Bio-Ultimate Age-Defying Facial, Hydroboration, LED Facial, Oxygen Facial and PCA Power Peel. Additional highly requested services include massages and waxing. With room to grow by 2-3 part-time or 1-2 full-time estheticians and/or massage therapists, sales and profitability in 2022 should be higher than ever for the lucky buyer.
The history of this business speaks for itself since the owner and the spa have been a part of the Kingwood community for 22 years. As all businesses that have been open for over 20 years, this one has evolved and changed over the years. The spa recently went through a remodel that makes the waiting room and reception a welcoming and relaxing space…there’s even a fireplace! What hasn’t changed is the commitment to quality services and client-focused excellence.
The most important part of the recent history is the change in commission percentages for contract estheticians and massage therapists. The contract employees are still making a high hourly rate plus their tips, and the business is much more profitable under this structure.
There is ample room for growth in this business with things as simple as minor price increases and adding services. Adding more med-spa services like laser hair removal or similar could significantly add to the annual revenue. The spa could also add aesthetic services like injectables and fillers. Modern women of all ages are spending money and time to work on stopping time with things like Botox, Dysport and a variety of facial fillers. The rooms are spacious enough to add any necessary equipment that a new owner might want to purchase.

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Reason for Selling:

Retiring

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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