Established Skincare and Facial Rejuvenation Spa

Price: $169,900

Location: Cuyahoga County

Industry: Beauty and Personal Care - Spa

Listing Category: Beauty Salons

Listing ID: 79102

This well-appointed Skincare and Facial Rejuvenation Spa has been providing a combination of laid back pampering and effective skin care treatments since it was established in 2008.   The spa is designed for convenient in and out service located in a very dense and active center and services numerous repeat clients from the surrounding suburban Cleveland market.

As an advanced skincare spa they specialize in high-end facials and clinical grade skincare product lines offered to a wide demographic at affordable prices.  Their extensive menu of spa services feature something for everyone, including signature facials, chemical peels, microdermabrasion, skin resurfacing, relaxation massage, lash tinting, and head to toe body waxing.  Whether the client is focused on routine maintenance, anti-aging, or acne-prone treatments, or has sensitive skin issues the spa offers a variety of skincare treatments and has a skincare product line that will meet the clients needs.  The spa uniquely occupies a retail niche solely devoted to skincare.  Hair care, nails, and full body massages are Not offered.

The spa has had One Owner since it was opened they have a long tenured licensed staff of four (4) Estheticians working on a part-time basis between 12-35 hours each week.  The owner also works the business providing administrative and marketing functions working approximately 30-35 per week.

Business has numerous repeat clients and large data base of clients.  Excellent Yelp and Groupon Reviews !

The business has been extremely consistent and profitable with the following Averages over the last (3) Three Year Period:

Average Sales (2015-2017) $354,853   Average Owner Profit (After All Expenses) (2015-2017) $87,490

The seller has other business interests and has decided to sell the spa upon the sale the seller will provide training and support to insure a smooth transition to a new owner.

 

 

Listing Details

Total Sales: $332,909

Cash Flow: $82,570

Inventory: $3,500

Terms and Conditions?:

No Seller Financing offered buyer will be directed to bank for an SBA loan.

Reason For Sale:

Seller has other business interests.

Training & Support:

Seller will provide training and support to insure a smooth transition to a new owner.

Operation

Year Established: 2008

Year of Last Acquisition: 2008

Days & Hours of Operation: Mon-Fri 10 am-7 pm, Sat 9 am- 6 pm, Sun 11 am-5:30 pm

Owner Hours Per Week: 30-35

Employees: 5 Part-Time (Total Includes Owner)

Location

Monthly Rent: 4,900

Type of Location: Strip Center

Square Footage: 1,390

Facilities Information:

Located in a very busy strip center with great visibility and ample parking. Upscale decor well appointed with equipment and furniture and fixtures well maintained.

Summary

Competition:

Limited competition in the immediate trade area.

Afilliations