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Beautiful And Profitable Skin Care Spa In Kingwood
Location: United States -> Texas
Industry: Health and Medical > Health Clubs and Spas




Business Summary

**Partial Seller Financing Now Available
Open in the same location for 22 years, this gorgeous and profitable skincare spa is the epitome of luxury and relaxation. Serving Kingwood and the surrounding areas, this business takes care of its clients like family and offers the best quality facials, massages, makeup and medical-grade skincare with an emphasis on treating and maintaining problematic skin. For three years in a row, the spa has earned the -Best of Kingwood- title. In 2019, annual revenues topped $311,000 with an SDE over $67,000. Considering the atmosphere in 2020, the business still did well, posting over $225,000 in sales. The business bounced back beautifully in 2021 and year-end revenues will be very close to 2019 numbers. What even better though is that the seller restructured her commission pay down by 15%, so the annualized 2021 SDE is over $91,000. Considering the fourth quarter is the most profitable in the beauty industry, it-s likely that 2021 sales and SDE will be even higher by year-s end.
The entire team at the spa is committed to teaching clients how to care for their skin at home to achieve optimum results. The spa sells only the best, high-quality product lines, including Skin Medica, PCA and the spa-s own private line. Estheticians offer many different services such as Bio-Ultimate Age-Defying Facial, Hydroboration, LED Facial, Oxygen Facial and PCA Power Peel. Additional highly requested services include massages and waxing. With room to grow by 2-3 part-time or 1-2 full-time estheticians and/or massage therapists, sales and profitability in 2022 should be higher than ever for the lucky buyer.
The history of this business speaks for itself since the owner and the spa have been a part of the Kingwood community for 22 years. As all businesses that have been open for over 20 years, this one has evolved and changed over the years. The spa recently went through a remodel that makes the waiting room and reception a welcoming and relaxing sp


Financials

Asking Price Range:  < $250K
Gross Revenues:   $298,000
Cash Flow:   $91,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $45,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  retiring

Photos

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Beautiful And Profitable Skin Care Spa In Kingwood Photo 1




Print Listing Id: 700370778
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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