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Panglao, Bohol, Spa For Sale
Location: Philippines -> Panglao
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Fantastic Business Opportunity in the Heart of RUE DE PREMIERE only 2 minutes to walk to FAMOUS ALONA BEACH! This is a hugely popular spa with excellent walk by traffic and great online exposure making it a year-round favourite of International and local guests.

THIS IS WHAT'S GREAT:
- This Spa has great exposure online with excellent Reviews on Facebook, Number 1 on TripAdvisor, Google and DIanping.
- Huge turnover and profit for years to come, operates under full management
- Very close to the new International Airport – 3km
- Current staff can stay if the business is sold
- Long lease available on purchase with recently re-negotiated terms
- Alona Beach is incredibly popular with year-round income stream
- You can simply come in and start up with current management and staff
- Extra income streams with local hotels offering Spa vouchers to their guests

KEY FEATURES & BENEFITS:
- Excellent Location
o 200m to Alona Beach
o 4km to Panglao International Airport
- Panglao International Airport has Daily flights from South Korea, China and Europe
- Huge 250 SQM area
- 28 electronic, fully adjustable, velour massage beds
- 50 Plus on-call staff, fully trained and professional massage therapists and nail artists
- Space is one of a kind, on the second floor with marketing staff bringing guests to the venue
- All fully Air Conditioned and curtained for privacy
- Guest foot wash facilities
- Good storage area and working small office space
- Excellent reception area with waiting room and bathroom
- Includes all fittings and equipment to start up
- Deep well and town water supply
- Generator on site
- Total space area is 250SQM
- Generating excellent income, with all books and financial documents available


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $240,000
Cash Flow Type:  EBITDA
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Will leave the country as soon as possible




Print Listing Id: 700370827
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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