Looking for a buyer.
This franchised day spa offers passive ownership and an established staff of 36 including 1 manager, 1 assistant manager, and 2 team leads to run day to day operations! This establishment has over 800 active memberships and a monthly revenue made up of 80% recurring revenue meaning it has everything necessary to continue on their current growth path. Located in Iowa, clientele from surrounding areas can enjoy services including massage therapy, skin care, body wraps, spa packages, men’s treatments, waking, lash application and more. In addition to 800 memberships, services are offered to non-members without the membership deals and pricing. Many spa and self-care related businesses were affected greatly in covid. Because of this, it is important to note that even with this location having been closed for two months in 2020, they saw an increase in revenue and profit. Continuing on this growth trend, they saw a jump in cash flow over $100,000 from 2020 to###-###-#### A new owner would have all of the assets needed to continue on this uphill profit trend!

listing type
exclusive representation
industry
Consumer Services
location
Ankeny, IA, USA
revenue
$1,414,503
ebitda
$256,295
proposed price
$845,000
owner financing
$105,625
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