Established Spa with Strong Revenue and Growth Potential

Old Saybrook, CT

Seller Financing Available

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Asking Price:$495,000
Gross Revenue:$851,784
Cash Flow:$132,162
Established Year:2020
BUSINESS DESCRIPTION

Established in 2020, this award-winning spa has quickly become a go-to destination in Connecticut for top-quality beauty and wellness services. With a focus on body sculpting and facials, the spa has built a stellar reputation, boasting over 475 five-star Google reviews and receiving awards for being the best spa in the state. The business operates with a skilled team of nine employees, including massage therapists, aestheticians, body sculptors, a manager, and a receptionist. Body sculpting is the spa’s primary revenue generator, supported by state-of-the-art equipment. Services also include massage therapy, waxing, skincare treatments, and facials. With a proven track record, dedicated staff, and a loyal customer base, this spa business is an ideal opportunity for an entrepreneur looking to enter or expand in the thriving wellness industry. The owner is selling to focus on a new venture, making this a prime opportunity to acquire a well-established, profitable business.


DETAILED INFORMATION
Location
Old Saybrook, CT
Inventory
Not Included in asking price
Employees
9
Facilities
Fully equipped spa with new equipment.
Growth & Expansion
Be more aggressive with marketing and also offer Med Spa services.
Support & Training
The owner is willing to stay on and train the new owner post acquisition.
Reason for Selling
The owner is looking to focus on their other business venture.
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Josh
Rosenwald
Anchor Business Advisors
Josh Rosenwald