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Award winning Landmark Spa – Beautifully Decorated

Price: $1,500,000

Annual Revenue: $1,200,000

Net Cash Flow: $450,000

Industry: Services

Location: Westchester County, New York

A state-of-the-art boutique day spa. An award-winning landmark well-recognized establishment for over 25 years. Offers a large variety of services to individuals, couples, and groups. Located in Westchester, the spa caters to a very affluent neighborhood.

Currently, there are 12,000 customers in the database with a very high retention rate of 85%. The spa was established in the 1990s, and it’s ready to be taken to the next level. This beautifully decorated 3,000 sqft space has growth potential and can accommodate a large volume of clients and services. In the last few weekends, there were 45 customers visiting the location. After the pandemic, the spa resumed services when it was safe to reopen. 2020 tax returns indicate a positive net income despite the pandemic! Since reopening, the activity has been incredibly positive, and revenue has been climbing to pre-pandemic levels.

The spa offers plenty of parking (45) and is very conveniently located on a very busy road. Aside from the spa, there are two more profit centers available. A lovely café and a retail shop that offer adorable items. Both add-ons generate positive income.

Listing Details

EBITDA: $450,002

Reason For Sale:

Retirement

Training & Support:

TBD - The owner will stay on for a period of 6 months or as needed.

Location

Facilities Information:

Lease the spa or Buy all 3 buildings– Spa = $4,500 monthly, Spa Size Size =3036 sqft – 2 stories. 2 other buildings are in the complex -more details will be shared upon request. Real Estate Option - $2,000,000

Summary

Competition:

Not within 25 miles of this caliber.

Potential Growth:

This business will continue to grow with aggressive marketing and promotions. Can open on Sunday as well. SEO online presence, Private parties, Social media, internet campaigns.

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