Established Membership-based Spa In Toronto for Sale

(ID# 4786)

Financials

Asking Price: $550,000
Sales Revenue: $617,000
Net Profit: Undisclosed

Business Summary

With affordably priced and conveniently located spas, this brand provides unlimited growth opportunities for franchisees with their trial pricing, membership program and the convenience of massage, facials and waxing provided at each spa location. This has resulted in a recurring revenue model that grows year-by-year, as satisfied patrons encourage friends, colleagues and family members to join them in the many benefits of membership, which include discount rates on massage and facials, as well as, preferred pricing on aesthetic products sold in the spa. The membership results in customers coming back on a regular basis providing the owner an annuity centric business model. The Business capitalizes on immense growth of membership based massage services within the industry in the recent years. In fact, the Canadian spa industry currently generates over $1 billion in revenue annually. The demand for massage therapy is also fueled by employers incorporating this type of service as part of their employee benefit package. This is an ideal opportunity for an owner-operator, looking for a turn-key business opportunity without any previous experience necessary. Furthermore, the business is staffed with highly qualified professionals with years of experience in the industry. In addition, the existing owner is willing to provide the required training and support to ensure a smooth transition. Asking Price: $550,000.00 Revenue (2017): $617,000.00 Established: 2015

General Information

Year Established: 2015

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