Spa Service Business, 110% Growth Over 8-years
Not Disclosed, MD Not Disclosed
Asking Price:
$595,000
Annual Revenue:
$310,000
Request More Information Contact the Seller
- RE: Spa Service Business, 110% Growth Over 8-years
- Contact: Steve Palmer
Owner Financing is Available!
Owner Financing Terms$520,000.00
Owner Financing Interest7%
Owner Financing Terms Months60
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $310,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $145,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 1 | |
| BBN Listing #: | 48662708 | |
| Broker Reference #: | 3122021-665131 |
Business Overview:
Spa Service Business, 110% Growth over 8-years** UPDATE:: Initial 2022 numbers are in and they are showing another 15% jump in revenue! **
This profitable, highly rated, and growing spa service and repair business is perfect for the mechanically-minded entrepreneur. This business services a niche industry, has built a loyal customer base, is impeccably well reviewed and pops up on the front page of all relevant Google searches within a 100 mile radius.
Most importantly, it has ridden that search presence, customer base, and stellar reviews to a 35% revenue spike since 2019!
There is one other detail that makes this a great buy – the current owner is willing to stick around as a tech for up to 3 years. Staffing is impossible right now. And while the owner is looking to slow down and spend more time with their family, they aren’t ready to leave the game quite yet.
That means 2 important things:
1) You can learn from what made him successful
2) You will be inheriting 2 fully-trained staff members, with enough demand to take on 2 more!
The business opened in 2014, and revenue has grown steadily since. 2021 revenue is projected to be over 110% higher than 2014, and 36% higher than pre-COVID times.
Avenues of potential growth include adding more crews to cover the current territory (there is currently a 3 week wait period for services, so the demand is there) as well as turning this business from a local services-based business into a national franchise.
Reach out today to learn more.
Oh, and one more thing. When you call, be sure to ask why this is a perfect business to franchise…
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Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Maryland businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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