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Full Service Day Spa

Grays Harbor County, Washington

Asking Price: Gross: Cash Flow:
$625,000 $480,129 $113,382

Furniture and Fixtures Value:
$53,000 (included in the asking price)

Inventory Value:
$37,500 (included in the asking price)

Real Estate:
$275,000 (included in the asking price)

Business Summary:
Business is offered at $350,000, Building: $275,000; or Lease: $2,500/mo 5 years; 5 year option. This premier Day Spa and Skin Care Boutique has provided professional services in their relaxing and nurturing space since 2008. Only the best in skincare product lines are used and they are home to the area’s best licensed technicians and skin care professionals. Treatments are customized to the client's individual needs and concerns.

 
   
   
Year Business was Established: 2008
   
Number of Employees: 3 FT/4 PT  
   
Facilities / Terms of Lease: The 1,536 sq ft building is for sale $275,000 or lease at $2,500/mo. 5 years; 5 year option.  
   
Potential Growth/Expansion: Additional local advertising focusing on exclusive retail products would bring in customers who would try spa services. There is, also, an opportunity for growth by increasing hours of operations and adding additional staff to fill unsold service hours.  
   
Competition: The beauty industry is growing rapidly and one of the main demographics fueling the growth are the Baby Boomer generation. The Spa attracts females between the ages of 40-60. They were the first employee-based Spa in the area and have a solid reputation for providing excellent skin care and massage services. The Esthetician team is relatable to the Baby Boomer demographic because of their own life experience and ages. There are other choices for esthetic services and massage in the area, however, the Spa is the only business that has employees instead of independent contractors. This is the longest operating business in the area to offer Esthetics and massage in a Spa setting. They have the most experienced Estheticians practicing in the area, which sets the Spa ahead of the competition because they are able to offer consistent brand, level and quality of service with that business model. There is one other competitor in the area that is a "by appointment facility" instead of set business hours.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Owner is retiring.  
 

 

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