Looking for a buyer.
The purchase of this franchised day spa has $100,000 of seller financing and $150,000 of seller escrow included in the asking price! This establishment has over 800 active memberships with 3 different packages to choose from. In addition to the aforementioned memberships, these services are also offered to non-members without the membership deals and pricing. With over $1.4 million in gross revenue in 2021, this business is on the path of continual growth. A new owner would have all of the assets needed to continue on this uphill profit trend while maintaining the operation’s current passive ownership with the business’s established staff of 25+ including 1 Assistant Manager and 2 team leads that can run the day-to-day operations. Located in Central Iowa, this day spa has a wide array of services offered including massage therapy, skin care, body wraps, spa packages, men’s treatments, waking, lash application and more. This day spa works with clients of all ages from the surrounding towns and counties and new ownership will have the opportunity to continue expanding this client base by maintaining or building upon the current marketing strategies already in play. As with most spas and similar operations, this business was mandated to close their doors in 2020 for 2 months, yet still saw an increase in revenue and profit that year. Pricing was raised at the end of 2021, though many members were grandfathered in for the year of###-###-#### Starting in 2023, this will be an automatic additional $7K+ per month in revenue. They have an edge over the competition with their attention to detail, number of services provided, price point, and their ability to provide a real resort feel within their community. The attractive price of $895,000 would allow any type of buyer to consider this listing. No spa or business background necessary for purchase! This location is seeing incredible year over year growth with no sign of slowing down.

listing type
exclusive representation
industry
Consumer Services
location
Des Moines, IA, USA
revenue
$1,414,654
ebitda
$269,161
proposed price
$895,000
owner financing
$100,000
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