Spa with 80% Recurring Revenue and 800+ Membership

Ankeny, IA


Asking Price: Annual Revenue:
$845,000 $1,414,503

Services: Hair, Nails, Spas, Tanning


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RE: Spa with 80% Recurring Revenue and 800+ Membership Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $845,000 12.5% Buyer Down Payment $105,625 12.5% Seller Financing or Equity $105,625 75% Bank Loan $633,750

Quick Facts

Asking Price: $845,000
Annual Revenue: $1,414,503
Net Profit: Not Disclosed
Cash Flow: $256,295
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 26
BBN Listing #: 782534398
Broker Reference #: SLF009-B

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Business Overview:

This franchised day spa offers passive ownership and an established staff of 36 including 1 manager, 1 assistant manager, and 2 team leads to run day to day operations! This establishment has over 800 active memberships and a monthly revenue made up of 80% recurring revenue meaning it has everything necessary to continue on their current growth path. Located in Iowa, clientele from surrounding areas can enjoy services including massage therapy, skin care, body wraps, spa packages, men’s treatments, waking, lash application and more. In addition to 800 memberships, services are offered to non-members without the membership deals and pricing. Many spa and self-care related businesses were affected greatly in covid. Because of this, it is important to note that even with this location having been closed for two months in 2020, they saw an increase in revenue and profit. Continuing on this growth trend, they saw a jump in cash flow over $100,000 from 2020 to 2021. A new owner would have all of the assets needed to continue on this uphill profit trend!

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Reason for Selling:

Focusing on Family

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 a franchise resale opportunity.

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