Profitable Day Spa with Loyal Customer Base and Online Marketplace

Charleston County, SC
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Asking Price:$450,000
Gross Revenue:$313,000
EBITDA:$100,000
Cash Flow:$85,000
Rent:$4,200/Month
Established Year:2009
BUSINESS DESCRIPTION

GREAT Location in the Lowcountry! Established Day Spa operating since 2009 with a loyal customer base. This is an outstanding opportunity for a business-minded owner who can manage the business or have a turnkey with the addition of an office manager. The current owner wants to continue working as a fully-booked technician!


DETAILED INFORMATION
Location
Charleston County, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
01/08/2024
Employees
10
Facilities
Fully furnished and equipped day spa
Growth & Expansion
There are numerous expansion and upside opportunities for the business. Adding technicians could capture business that is currently being turned away. There is significant potential to raise prices, as treatment rates are currently 30% below competitors. The addition of new services, such as dermaplaning, which is in the works, and hydro facials, requested by long-term clients, could generate new revenue streams. Expanding the lucrative gift card program, refreshing and expanding the online marketplace.
Support & Training
The staff will remain with the business. Owner willing to continue as Lead Technician and train the new owner through a full transition.
Reason for Selling
Owner wants to step back from running the business
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Mills Cubbage
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Mills Cubbage