Well Known and Established Spa - A R Business Brokers

Well Known and Established Spa

ASKING PRICE:
$29,000,000

LISTING DETAILS:

LISTING ID: 3419

TYPE OF SALE: Asset

MLS CODE: Exclusive

INDUSTRY: Beauty & Spa

REASON FOR SALE:

TRAINING & SUPPORT: Yes

DESCRIPTION:

Catering to local clientele but has many loyal customers who visit this popular spa for the first-class treatment and the vast array of services. Offering facials, massages, body wraps, manicures/pedicures, spa packages, and more. They also have medical spa treatments like laser hair removal, electrolysis, micro-blading, tattoo removal, and more. A must for those wanting a relaxing experience. Friendly and conscientious staff are fully licensed with some being RMTs and having 25+ years in the industry. Located in an upper-middle-class neighbourhood where customers are able to afford the upkeep of their services.The business has many repeat clients and a large portion comes from referrals. Over 160 great online reviews, a beautiful easy to navigate website, and a good social media presence. Seller willing to train to ensure a smooth transition. Amazing spa, amazing location, and amazing price. Come see it for yourself! Listing ID: 3419

COMPANY INFORMATION:

YEAR ESTABLISHED: 1986

FRANCHISE: No

SQUARE FOOTAGE: 2,900 sq ft

MONTHLY RENT: $5,784 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $41,800,000

SDE: $8,300,000

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

EBITDA: N/A

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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.