Looking for a buyer.
Located in Bolder County, Colorado, this franchise spa location is right in the middle of a very accessible and busy area! This business operates out of a 3,000 square feet location with 10 treatment rooms that is not at maximum capacity. With a team of 28 team members including 3 team leads, this business has an established chain of command and, with some minor adjustments, could offer a buyer the opportunity for part-time ownership. The current owner handles oversight of the team, but the team leads primarily interact with the employees on an everyday leadership base. She also handles putting the final seal on financial decisions including payroll, closing the books, and finalizing orders from vendors. She has confidently posited that many of her responsibilities could be transitioned and delegated to her employees during the offered 3–6-month training period after sale. This is a fully non-medical spa, meaning that their services do not require medical licensing and they do not offer aesthetic medical treatments like Botox or liposuction. Their service primarily consists of massages and skincare treatment with massages making up 60% of their scheduled services and skincare making a combined 40% including facials, body treatments, spray tans, waxing, and more. The current owners of this establishment have been dealing with some medical concerns and are looking to retire. Priced at $575,000 this franchise establishment offers a buyer the opportunity to purchase a well-known location in a prime location with support from both the current owner and from the national franchise base making it the perfect opportunity for a first-time business owner. Not only does this business expect to see an increase in profit margin with an upcoming increase in pricing to take effect in November, but they have room to expand their services by diversifying their service area.

listing type
exclusive representation
industry
Consumer Services
location
Longmont, CO, USA
revenue
$1,159,326
ebitda
$117,627
proposed price
$575,000
owner financing
$57,500
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