Destination Spa & Salon
Asking Price: | $1,500,000 |
Gross Revenue: | $1,087,664 |
FF&E: | $140,000 |
Established Year: | 2000 |
Cash Flow: | $200,507 |
Inventory: | $5,000 |
Real Estate: | $1,950,000 |
Cash Flow & Gross Revenue are for Jan-May 2024 (5 Months). This 22-year well-established business has been built from the ground up with a strong foundation in community support and local clientele and also captures a large volume of tourism business year-round, servicing over 20,000 appointments per year. A large core staff is well defined and committed to the growth and stability of the company. General Manager and key administrative staff are in place, and the business systems run steady and efficiently. This is a turn-key business that does not require owner day to day activities necessarily, yet there is always plenty to do for the active business owner with the ability to capture more net income with active participation. Business is situated in a high-volume area and enjoys a large network of B2B referral relationships for spa services in the area. The facilities are fully built out and optimized. The service menu is diverse and creates cross promotion of services that creates increased customer attraction. Marketing has long been established and search engine optimization and ranking is great.