Great Spa Opportunity In Delmarva Region

Milford, DE

Asking Price: Annual Revenue:
$75,000 $107,906

Services: Hair, Nails, Spas, Tanning

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RE: Great Spa Opportunity In Delmarva Region Broker: Tracy Peterson
Owner Financing is Available!

Quick Facts

Asking Price: $75,000
Annual Revenue: $107,906
Net Profit: Not Disclosed
Cash Flow: $58,763
Total Debt: Not Disclosed
FF&E: $8,115
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 841352376
Broker Reference #: 75571-75253

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Business Overview:

Recently renovated Massage Spa with 5 private rooms, shower room, monitoring system, etc. offering a premium menu of massage therapy and foot spa services. Spacious place, brand new equipment, spa is surrounded by populated residential and commercial centers in a high traffic area. 4 years long-term lease, high-quality inventory. Seller would like to offer training.
Solid growth and capacity, a loyal and repeat client base with consistent revenues and profitability.

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Property Features and Assets:

Current owner is the original owner who owns this one as his 4th spa. Business was operated in a sophisticated manner, ideal owner operator business, also possible for a passive ownership.

Market Competition and Expansion:

Owner set the service price at $60 per hour which is lower than market price (Usually $80-$120 per hour). There is potential to raise the price and increase the revenue. Marketing tools and the quality of service could be improved a lot if without language barrier. No competitors within 25 minutes drive.

Reason for Selling:

Other business interests.

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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