Summary
This popular day spa is currently performing strongly and experiencing growth. The owner is ready for new challenges after almost 19 years of operations and looking to hand over the business.
Rent
$3,004 pm
Location Details
Situated on a busy main street location in a beloved and busy village shopping precinct. Ample parking and easy access to public transport. Located in a highly visible, historic terrace building with plenty of passing traffic and foot traffic.
About the Business
This highly established and well-loved day spa in a village precinct location has a strong, recognisable brand and an excellent reputation.
The business has proven robust and resilient and is performing consistently. Currently experiencing growth, the business has recently expanded the team and have adapted positively to dynamic societal conditions.
Although the business is performing well, after almost 19 years of operations, the business owner would like to pursue other career opportunities and feels the time is right to hand the business over to a new owner whilst business is strong.
A visit to the day spa is definitely recommended to genuinely interested parties.
Some key features are listed below:
• Long-term, loyal patronage with a client retention rate of 70-75%
• Long-term and highly experienced team members that a true asset to the business.
• Large reception area with a further 8 treatment rooms.
• Depending on the time of year, takings range from $7500 - $9500 per week with increased takings at Christmas time and for Mother’s Day.
• Long-term lease in place. Rent approximately $36,048 pa.
• Offering a wide range of beauty therapy/day spa services inclusive of hair removal, IPL, facial & massage services, tanning, manicures & pedicures. The business is particularly renowned for facial and skin treatments.
• Sub-contractors visiting the day offer complimentary services eg. cosmetic injections and teeth whitening with scope for further growth and expansion
• Strongly performing product and gift voucher sales support service revenue.
• Would suit investor or owner/operator as full management can be readily put in place or an owner/operator looking to run their own business.
• Covid-19 related challenges led to the establishment of a complimentary online skin care business that is growing steadily. This side business is an effective retail tool and
significant source of potential and future growth.
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