40-Year-Old Day Spa In Affluent Pittsburgh Suburbs

Allegheny County, PA
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Asking Price:$299,000
Gross Revenue:$420,216
Rent:$1,020
Cash Flow:$104,611
Inventory:$58,000
Established Year:1984
BUSINESS DESCRIPTION

PRICE REDUCED!

ATTENTION PHYSICIANS --- WE CAN GET YOU 100% FINANCING AT A LOW INTEREST RATE FOR 20 YEARS! THIS LOCATION WOULD BE PERFECT FOR A MEDISPA AS THERE IS NOT ONE IN THE AREA

• Well-established location – 40 years
• Consistent year-over-year growth
• Services include electrolysis, waxing, facials, body treatments, massage, nails, and makeovers
• High client satisfaction on google
• Clients: approx. 75% return & 25% new
• Proprietary skincare line accounts for 30% of revenue, $58k inventory and formulas are included in the sale
• Most employees will stay on – all on commission except receptionist, owner willing to stay on to transition business and service clients a couple days a week
• Currently owner-operated; manager must be licensed esthetician or cosmetologist

Interested in learning more?

For more details and to schedule a confidential discussion, please complete our NDA at https://commercii.com/nda and send a message through bizbuysell.


DETAILED INFORMATION
Location
Allegheny County, PA
Inventory
Included in asking price
Real Estate
Leased
Facilities
• Year to year lease • Approx. 1200 sq. ft • High Traffic Area – 12,000 cars daily • Store front and 4 treatment rooms • Fully equipped, all equipment included
Competition
• This spa has a great reputation in the community. While there are other day spas in the area, this one is well-known and loved.
Growth & Expansion
• To increase revenue, new owner could: expand hours, provide additional medispa services, begin digital marketing
Financing
SBA eligible; Conventional; Cash; NO SELLER FINANCING
Support & Training
• Owner willing to stay on to transition business and service clients a couple days a week
Reason for Selling
Retirement
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Shaquile
Coonce
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Shaquile Coonce