Profitable & Upscale Spa at a Great Location

Mckinney, TX
Collin County


Asking Price: Annual Revenue:
$49,000 $145,285

Services: Hair, Nails, Spas, Tanning


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RE: Profitable & Upscale Spa at a Great Location Broker: Saleem Marwat

Quick Facts

Asking Price: $49,000
Annual Revenue: $145,285
Net Profit: Not Disclosed
Cash Flow: $78,212
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 564550077
Broker Reference #: 41041-438656

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Business Overview:

This spa is a well-established luxury spa located near a very busy intersection in McKinney, TX. This spa provides the following massage services: therapeutic / deep tissue, hot stones, relaxation, lymphatic, custom, and couples massage. Alternative therapies such as Castor oil pack, Moxibustion, Reiki, and Integrative Reflexology are also provided in this spa. Facial services are available in the spa as well. Body treatments such as Body scrub, Mud wrap, Island getaway, Sweet dreams wrap are also offered in this spa.

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Property Features and Assets:

This is a well-equipped, nicely furnished and ideally located massage spa ready for a new owner. This spa is nicely built with 1,403 sq. ft. area and monthly rent of $2,689 (including NNN). It has 3 spacious massage rooms, including a couples suite where clients can get massage with their significant other. The spa is located in a strip mall at a strategic location poised for huge growth. This business was founded in 2017 by the current owner with the goal of providing the best full service massage experience for the clients. The owner ensures that every client enjoys their time in the spa. The seller has small kids and would like to pay more attention to the family and hand over this business to a motivated buyer who can take it to the next level.

Market Competition and Expansion:

Although there are several massage businesses in McKinney, sales have consistently gone up at this spa. This is a clear testimonial to the great service and products that this spa offers to its clients. This business has established great reputation with clients over the past 3 years. Potential Growth: The massage industry is growing at the rate of 22% per year and will continue to do so for the foreseeable future. Currently, this business primarily provides massage and facials. The new owner can add more supplementary services such as hair removal to grow sales and profitability. Current owner isn't doing much marketing; advertisement spending can significantly increase revenue.

Reason for Selling:

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 not a franchise resale opportunity.

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