Profitable Luxurious Spa

Profitable Luxurious Spa

Profitable Luxurious Spa

LISTING DETAILS

Listing ID: 3193
Type of Sale: Asset/Share
MLS Code: Exclusive
Industry: Beauty & Spa
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $315,000

ASKING PRICE
$315,000
DESCRIPTION

A high-end European-style salon and spa situated in a bustling and highly desirable and quickly growing location in Southern Etobicoke. Located close to major highways and surrounded by high-end condos, businesses and restaurants, this business is going into its 20th year of operation and was voted #28 of 322 Spas & Wellness in Toronto, with outstanding reviews on Google and Yelp. Beautiful and welcoming, this 1,900 square foot spa is in stellar condition and styled to create a luxurious and relaxing ambiance. Already profitable and with no other salon in the vicinity, there is great potential for growth from major condo development in the area. Owner is retiring and will train as and if required. This turnkey business is ready for the new owner(s) to call their own with, an established online presence and an extremely loyal client base (approximately 75% of customers being returning customers. Listing ID 3193

COMPANY INFORMATION

Year Established: 2006
Days & Hours of Operation: Mon-Fri 10am-8pm | Sat 8am-6pm
Employees: 7
Franchise: No
Square Footage: 1,900 sq ft
Monthly Rent: $8,000 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $435,000
SDE: $85,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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