Business Overview

New Lower Price! Price reduced $125,000 to $325,000.

Here is your opportunity to jump-start into a newly opened wellness spa without having to go through the pain of the build-out, permitting, and first year of operations. The spa is located in an affluent suburb of Houston in a brand new building with high-end finishes.

The franchised wellness spa opened shortly before the Covid-19 pandemic and is available for sale due to the owner’s desire to spend more time with family. This business survived their first year of business during Covid-19 (a testament to the strength of the business) and is continuing to grow as a new business. The wellness spa caters to those who desire help with pain and mental health in a natural holistic way and attracts a wide variety of customers, ranging from teenagers to seniors. The spa has built up an excellent reputation and is well-reviewed.

The business offers several unique therapy options on an a la carte basis or through monthly memberships. Located in an affluent suburb of Houston.

$400,000 asking price with seller financing, available on a case-by-case basis.

Contact us now through the ad or by contacting the broker directly at jason@truview business.com or calling (713) 714-7516 to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

Financial

  • Asking Price: $325,000
  • Cash Flow: N/A
  • Gross Revenue: $151,148
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,931
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

New construction with high-end finishes. The location is conveniently located near a major freeway and close to both retail and residential.

Is Support & Training Included:

The current owner is offering training and support during the transition period.

Purpose For Selling:

Owner desires to spend more time with family.

Pros and Cons:

Contact us to receive a Confidential Business Opportunity Report which will highlight the competition and strengths and weaknesses of the business.

Opportunities and Growth:

There are significant opportunities to grow the business as this business is a new franchise and still in the growth stage. There are ample opportunities to add additional services and expanding the massage and facial service offerings.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was started in 2019, making the business 3 years old.

The company has 2 employees and resides in a building with disclosed square footage of 2,931 sq ft.
The building is leased by the company for $5,374 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell companies. However, the genuine factor vs the one they tell you may be 2 absolutely different things. As an example, they might say "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or an array of various other factors. This is why it is extremely important that you not count entirely on a seller's word, yet instead, utilize the vendor's solution in conjunction with your overall due diligence. This will repaint a more practical image of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering points such as stock, payroll, accounts payable, and so on. Remember that in some cases this can indicate that profit margins are too thin. Many organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area attract new clients? Most times, companies have repeat consumers, which develop the core of their everyday profits. Specific aspects such as brand-new competitors sprouting up around the area, roadway building and construction, and also employee turnover can affect repeat clients and also adversely affect future incomes. One important point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the better the chance to develop a returning customer base. A last idea is the general location demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Just how might the neighborhood typical house earnings influence future income potential?