|
Independent Profitable Spa For Sale
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $358000
Net Profit / Cash Flow $94500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 4 - 5
Inventory 63000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Training will be provided by the seller as required
Reason for Sale Owner plans to relocate
Description This spa and beauty salon has been providing a full range of products and services to their clients in the Durham region for the past eight years. Established in 2004, this is a turn-key business that boasts stable revenue and cash flow year over year, steady revenue throughout the year, and a base of recurring clients. Gross Sales (as per official tax returns) show only 1% deviation year-over-year for the last 3 years. Business is located in a fully tenanted and busy commercial plaza on highly trafficked road in the Ajax-Pickering-Whitby-Oshawa area. Location provides it with excellent visibility from the street and easy access. Services include: waxing, hand & nail care, skin treatments, make-up, facials, teeth whitening, and air brush tanning. The business also has a laser technician on staff to perform laser skin rejuvenation, acne removal, and i-lipo (laser liposuction) procedures. Products on sale include a variety of skin and nail care products, and account for approximately 10% of total revenue. The entire staff is highly experienced in the beauty industry and has been with the company for a number of years.
Current owner is motivated to sell in order to relocate due to recent change in family situation. Training and an agreed upon transitional period will be provided by the owner. Training in administration, operations, management, and day-to-day running of the business will be part of the hand-over process.
This is an ideal opportunity for a buyer that has interest and a previous experience in a service related business and has a passion for the beauty and health industry. The current owner is responsible solely for managing the business and as such a potential buyer is not required to perform or have experience in treatments and aesthetics.
Click Here To Contact Seller
|
|
