||Employees||1 full, 18 part
* Included in Asking Price
Despite having spent $670,000 to get this luxurious spa up and running a little over a year ago, and despite seeing consistent impressively up-trending revenue, the owner must sell because of unexpected, pressing family matters out-of-state. This is a rare and exciting opportunity to purchase an elegant, relatively new, multi-service spa business that is fully staffed and operational under a well-supported and highly ranked franchise system.
The franchisor started selling franchise territories about 10 years ago and now has 250 franchisees operating in 27 states and Canada. This franchise brand has ranked high on the "Top 500 Franchises" list for the past several years, and its growth continues to accelerate.
The system is based on the simple but compelling concept of providing affordably priced, conveniently located, top-quality therapeutic massages, facials and hair removal services 7 days per week. No other franchise competitor was designed to offer all three services at all locations. The spa services are priced some 30% less than traditional day spas and this spa offers same day convenience for massage and facial services.
The spa menu includes several types of massages (including its very popular signature hot stone massage), a variety of facials including peels and microdermabrasion as well as hair removal for the face and body. A large part of the revenue comes from gift certificates and month-to-month memberships. These, plus the reservation and accounting functions, are all effectively managed by use of the franchisor's continually updated and easy to use computer software and proprietary online programs.
The franchisor provides excellent training and outstanding ongoing support for marketing and operations. The exclusive territories are spaced far enough apart that you won't be directly competing with other franchisees.
This particular spa is in an excellent East Bay Area location, in a relatively new shopping center anchored by a well-known, upscale grocery store. Just walking into this beautiful spa is a relaxing, serene experience with its welcoming staff, pleasing artwork, aroma and soothing music.
The owner of this spa has done the hard work of securing a favorable lease, contracting for the construction and installation of top-grade furniture, fixtures and equipment, recruiting and training the highly qualified staff and continually building an impressive base of loyal customers. This plus the thorough training that would be provided to a new owner by the franchisor and the current franchisee should result in a very smooth transition of the business.
Required Licenses: Business
Real Estate Number: 01731143
|Training/Support:||Seller & Franchise will provide training|
|Seller Financing:||Seller will consider some financing for a qualified buyer|
|Sale Reason:||Personal Reasons|
Seller Reference #OAKLACA001-N162
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