Japanese Themed Day Spa in unique location
Williamstown, MA
| Asking Price: | $1,075,000 |
| FF&E: | $35,000 |
| Established Year: | 2003 |
| Gross Revenue: | $400,000 |
| Real Estate: | $675,000 |
Listing ID: 2252313Listing provided by BizBuySell
BUSINESS DESCRIPTION
Destination Spa business and property for sale
Spa building is 2,000 sq. feet with French doors onto an expansive deck built overlooking the Green River. Screened, shaded areas on deck for outdoor massages in summer. Business has excellent reputation and reviews. Customer base includes both locals and area visitors. Over 20 years in business.
The first business on this site was a grist mill, circa 1762
A second 1200 sq. foot adjacent building is also available for purchase.
This second building can continue to provide passive income as commercial rental property or It could be used to expand the Spa's Health and Wellness services. My personal favorite would be to convert it into a high end short term rental unit.
DETAILED INFORMATION
Location
Williamstown, MA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,000
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Updated electrical, plumbing, roof, insulation & AC. Two ADA compliant bathrooms, one shower, gas heat. Individual heat pump heads in each room. Large waiting room with a view of the Green river and a gas fireplace. Large deck with 6 person hot tub. All treatment rooms have Oak Works electric adjustable tables. Also includes washer, dryer, refrigerator.
Competition
InTouch is adjacent to Williams College and is 15 minutes from Jiminy Peak ski area. Additionally there are three art museums within 5 miles of the spa. The Clark Art Museum, Mass MoCa in N. Adams and the Williams College Museum of art which is breaking ground in the fall of 2024 on a major expansion. Williamstown has two golf courses, a summer theater festival and is within easy driving distance to many other area cultural attractions. There are no other spas within a 20 min drive. The closest destination spa is a 45 min. drive.
Growth & Expansion
For 18 years InTouch had a profitable hair & nail salon. Currently that space is being rented by Physical Therapists. I see opportunities in expanding the skin care services and product lines. Currently we do not offer evening hours. There is a demand for hot tub rentals and other services in the evenings. Adding lodging to the spa services by converting the adjacent 1200 sq. foot property would greatly benefit the bottom line.
Financing
Owner willing to discuss financing options.
Support & Training
Negotiable.
Reason for Selling
Retirement
Franchise
This business is an established franchise
BUSINESS LOCATION
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