High-End Day Spa/Med Spa, with Multiple Locations

SEATTLE, Washington

Asking Price	$850,000	Year Established	1999
Annual Revenue	$6,208,756	Reason for Selling	Absentee Owner has other focus
Annual P/L		Attention	Wes Martin
Annual Cash Flow		Listing Number	982438
# of Employees	98	Business Category	Services: Hair, Nails, Spas, Tanning

Business Overview:

With multiple locations and a diverse array of both services and products, the company is positioned perfectly for acquisition. Founded in 1999 by its current owners, the company has established itself as a premier Day Spa/Med Spa in the market it serves. Currently, there are six locations strategically located throughout the region. Each of the locations offers a calculated blend of services tailored to the specific market in which each spa operates, combined with branded marketing across the entire chain. Their thousands of active spa and med spa clients, in fact, the world, have access to a robust branded online store platform which offers hundreds of beauty products. The business is focused on growing its Med Spa services, including neuromodulators (Botox for example), dermal fillers (Juvederm for example) and weight loss (semaglutide for example) at all locations to take advantage of the inherent ability in this space to add both services and products at higher margins. This opportunity is ideal for either a strategic acquisition for growth, or for a newcomer to an ever-growing industry in a highly desirable market. If you are interested in learning more about this business, please complete and submit your required non-disclosure agreement by contacting us through reply to this ad button.

Property Features and Assets:

<p>Six locations. All are in ideal and sought-after locations and provide clients with current décor befitting its high-end clientele and the experience they seek.<br></p>

Market Competition and Expansion:

<p>This is a market in which there are a large number of businesses with the majority being owner-operated, single location with limited-service offerings. This business stands out from the rest in several ways. First, it is a full-service day spa offering facials, waxing, manicures & pedicures, and massage. Importantly, it now also offers the most popular med spa services from Botox to filler to weight loss, all under one roof from a trusted brand – services that are enjoying growing demand and provide high price points and margins. (Note: medical spa services must meet specific regulatory requirements which help to function as a barrier to entry for smaller competitors). Third, this business has multiple locations sharing an over-arching brand awareness enabling economies of scale in marketing activities. A large percentage of their customers enjoy having the ability to go to any of one of six locations to find a consistently high-quality, professional and welcoming spa and med spa experience. Self-care through facials, skincare, body care; and med spa services, including non-invasive beauty treatments, are fast growing sectors in the service and product market sectors. The general region of this location is known to be health-conscious while the specific locations are affluent and growing. The business is scalable in both national and international markets.<br></p>

Additional Details: