Description
SOLD ‘Q1 2024
Thriving New England Day Spa for Sale
Westford, MA (Middlesex County)
Asking Price: $350,000
Cash Flow: $123,815
Gross Revenue: $423,050
EBITDA: N/A
FF&E: $328,170
Inventory: N/A
Established: 2015
Employees: 6
Business Description:
An exceptional opportunity awaits an ambitious entrepreneur, Doctor, Nurse Practitioner, Esthetician, or Massage Therapist looking to own a successful Spa Business or expand through acquisition. This well-established Spa boasts a dedicated team of long-term employees, including an experienced General Manager, creating a stable and committed workforce.
With a substantial client database of 4,000 and a proven track record of providing premium skin and body treatments at accessible prices, this spa is primed for success under new Ownership. Their innovative approach of bundling services into cost-effective packages has cultivated a loyal and long-term customer base, setting them apart in the industry. Despite facing challenges such as employee turnover and the COVID-19 pandemic, the Business has consistently expanded its revenue and clientele year after year. With the right Buyer, there is significant potential for further growth through enhanced marketing efforts, expanding services, and implementing improved sales strategies.
Don’t miss out on this opportunity to step into a thriving Spa Business with a solid foundation and untapped growth potential.
*NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
1,000 square feet, this commercial space encompasses five service rooms, facilitating various spa treatments, along with a well-appointed bathroom. In addition, multiple parking spaces within the plaza ensure easy accessibility for clients.
Competition:
The Company distinguishes itself from its competitors through the utilization of state-of-the-art processes and superior technology, yielding results that surpass even those of Medical Spas.
Growth & Expansion:
To stimulate growth and broaden the Company’s horizons, introduce injectable services, capitalize on emerging market trends, and expand the range of offerings.
Financing:
TBD if structure and terms are acceptable
Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms.
Reason for Selling:
The Sellers are prepared to shift their attention to their other ventures and relocate to a sunnier climate in Florida.