Well Established Day Spa With High End Clientele
Location:
United States
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California
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Southern California - San Diego Area
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Encinitas
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Business Summary
This well established day spa a with high end client base is located in a North County coastal community that is still thriving despite the economic woes of neighboring communities. Ocean views, sunny skies and year-round surf create an ideal climate for local patrons to treat themselves to an occasional massage, facial or pedicure. The day spa specializes in permanent make up, skin care, massage and waxing services. The well trained staff maintains a loyal clientele and would most likely seek to remain employed for a new owner. This successful salon has consistently generated revenues in excess of $500,000 per year. Unlike many small businesses, this one has supporting documentation that can be provided once an offer is accepted. Asking Price $95,000.
The business is located in a 1,753 square foot facility that leases for $6,237 per month (including CAM of $1,122). The landlord will most likely offer a new lease and options based on the buyer's qualifications. The sale includes all the assets of the business including the treatment equipment, furniture, fixtures, trade name, computer equipment, customer base and goodwill, however certain tools related to permanent makeup will not be included.
Competition is considered medium as other day spas exist nearby, however this business's reputation, location and loyal client base provide it a distinct advantage over its competitors.
The business has many opportunities for growth. A new owner may increase sales by marketing to the existing customer base via monthly newsletters, emails and special promotions, or they may simply seek to increase advertising to those in the immediate vicinity. A working owner can maximize profits by performing treatments and / or massage services themselves, or by further expanding the salon's service offering. Contact for more information on this Day Spa for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$546,847
Cash Flow:
$90,084
Cash Flow Type: Sellers Discretionary Cash
Inventory: $30,000
Seller Financing: No
About The Business
Year Established: 1993
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Hair and Beauty > Beauty Salons and Barber Shops business for sale.
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Print Listing Id: 700115870
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