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Listing ID: 2982270

Upscale Day Spa and Nail Lounge For Sale

King, Washington, United States

$ 618,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 764,360

Cash Flow: $ 234,116

Business Description

Profitable! Double-digit growth in sales every year since it began. Strong brand recognition for luxury and service. NOT a franchise. Outstanding location. Fantastic Interior design. Recognized as one of the best spas in the U.S. Rated very highly by media and clients. There is room to grow in its current location and expand to new locations. The newly launched online store adds another revenue stream.

Property Details

Years Established:

4

Property Type:

Lease

FF&E:

$ 20,687

Inventory Value:

$ 16,500

Other Details

Premise Details:

Location, location, location--this modern spa is located near the best upscale shopping and restaurants in the state and is in the heart of a vibrant city center and growing employment hub. 10 year lease, currently in year 4. The lease includes convenient complementary parking for clients.

Competition:

Its growth each and every year shows its brand as an attractive, modern luxury spa focusing on its clients is out performing the competition.

Expansion Potential:

It is continuing to grow from its reputation and booming location. A New Owner could open the spa 7 days a week and offer longer hours. A major employer has approached this owner to expand near their headquarters. With its strong reputation and brand recognition it is poised for expansion.

Operation Details

Employees:

3 FT / 16 PT

Trading Hours:

Wednesday-Monday 10am-8pm

Support & Training:

Will train for 4 weeks @ $0 cost. Full service day spa and nail lounge with massage, facials, lashes, hair removal, nail care, body treatments, seasonal specials. 18-20 employees with a full-time Manager. New Owner needs good marketing and management skills.

Miscellaneous

Reason For Selling:

Family reasons.

Contact this seller

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