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European Day Spa For Sale
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $241140
Net Profit / Cash Flow $40062
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Inventory 87485
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owner willing to stay on, complete training provided.
Reason for Sale Slowly would like to retire.
Description Well established European Beauty Spa for sale. Beautiful build-out. Many rooms would easily accommodate a dermatologist or related medical field as well. Owner is a service provider and licensed cosmetologist and has a medical background. Owner states location and facilities would work well for a medical spa. Spa provides services such as facials, body treatments, nail services, waxing, permanent makeup, other skin care and enhancements. Business also sells retail lines of branded products. Asking $124,000.
This business opportunity comes complete with everything a new owner needs to immediately generate revenue. Business operates out of leased location Oakland County, Michigan. Signage is extremely well visible. Owner will train qualified buyer if and as needed. Owner prefers to settle into retirement slowly, willing to stay on part-time as a service provider for a time following the sale.
Non-Disclosure agreement must be completed, signed prior to disclosure of location and other pertinent details.
Employees: include 2 full time, 3 part time, plus 11 self-employed and renters, plus owner.
Facilities: Operating out of approximately 3000 sq ft of luxurious leased space, $3000 per month, plus utilities.
Competition: Not much competition for this service version of spas, however competitive in the general sense of nails and waxing.
Growth and Expansion: Many rooms would easily accommodate a dermatologist, or easily conversion into a medical spa.
Support/Training: Provided as needed.
Year Established: 1985
Employees: 17
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