Hampshire County, MA Business - Health & Wellness - George & Company

SOLD - Award Winning Spa #155032

Seller Financing Available

 

Asking Price: $550,000 For Business

Cash Flow: $250,000

Gross Revenue: $1,000,000

FF&E: $96,000

Inventory: N/A

Real Estate: $445,000

Established: 2006

Business Description

Rare opportunity to own an award-winning Day Spa (consistently voted "Best Of" for Massage and Day Spa) with a strong financial performance hitting the $1M+ mark with a Cash Flow of $250k+. This is a well-established, turn-key, profitable relaxation destination that draws clientele from local and regional New England, including eastern NY state. Featuring private hot tub rooms, infrared saunas, steam room, and a team of experienced Licensed Massage Therapists for individuals and couples’ massage and spa services, serving both women and men. The spa facility is a beautiful southwestern-themed retreat that is a community institution, known for their excellent reputation, professionalism, practitioners, and superior customer service. They receive referrals from local physicians, hotels, B&B's and fitness centers. It has had a consistent upward growth pattern since opening in 2007. Original owners are retiring; management team in place.


Detailed Information

Real Estate: Owned - Available for $445,000

Building SF: 2,720

Employees: 7

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Located in an attractive stand-alone brick building. The building consists of 2,720 sq. ft. with a partially finished basement area of another 2,080 sq. ft. New HVAC, electrical, roof replacement and plumbing system.

Competition: While there is some competition, none are considered a serious threat. This business draws clientele from local and regional New England, including eastern NY state, clients visit from up to 2 hours away.

Growth & Expansion: Business is turn-key and primed for further growth.

Financing: Possibly some seller financing for a well-qualified buyer

Support & Training: The owners will provide transitional training as well as key people and most other employees would like to continue on with new owners.

Reason for Selling: Our clients are seeking retirement.

Contact: Craig Miller

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


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