Beautiful Turnkey Spa- Absentee Owner

Asking Price$235,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$670,000

Inventory$10,000
Not included in asking price
FF&E$75,000
Included in asking price
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Beautiful Turnkey Spa- Absentee Owner


Asking Price$235,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$670,000

Inventory$10,000
Not included in asking price
FF&E$75,000
Included in asking price
Business Description
Beautiful Turnkey Spa - Absentee Owner

Established in 2022, this profitable spa operation presents an exceptional opportunity in Middlesex County, Connecticut's affluent market. Located on a high-traffic corner with private parking, this turnkey business generates $670,000 in annual revenue with $70,000 in seller's discretionary earnings.

Business Overview:
This full-service spa operates from a well-appointed 1,250 square foot facility with an established customer base and excellent reputation. The current absentee owner has built a strong foundation with 8 trained employees who ensure smooth daily operations.

Financial Performance:
- Annual Revenue: $670,000
- Cash Flow (SDE): $70,000
- FF&E Value: $75,000
- Inventory: $10,000
- Monthly Lease: $3,870 (expires January 1, 2030)

Key Advantages:
- Prime corner location with high visibility and traffic
- Private parking lot for customer convenience
- Fully trained, experienced staff in place
- Minimal local competition in wealthy demographic area
- Strong natural demand for spa services
- Absentee owner operation demonstrates systems efficiency

Growth Opportunities:
Significant expansion potential exists through local partnerships and introduction of medical spa treatments, which would be highly desirable in this affluent market. The location and established customer base provide an ideal foundation for service diversification.

Real Estate:
Leased facility with favorable terms through 2030, providing operational stability and predictable overhead costs.

Financing Available:
Seller offers attractive financing terms requiring $150,000 down payment with $135,000 in seller financing at 11% interest, making this opportunity accessible to qualified buyers.

Support:
Seller provides three weeks of complimentary post-sale training and support, with additional consulting available as needed to ensure smooth transition.

This represents a unique opportunity for an industry professional or entrepreneur to acquire a profitable, established spa business in an underserved, high-income market with substantial growth potential.
About the Business
Years in Operation
3
Employees
8
Facilities & Assets
Beautifully built out space with customer interior designer finishing touches. 5 treatment rooms, custom reception desk, bathroom, custom lighting, sinks, comfortable client waiting area, retail area, treatment beds, linens, backbar and retail products. Basement area with washer/dryer, storage, and staff area. Private parking lot. Charming, unique New England style building on highly visible corner right around the corner from Main Street. Excellent location. Landlord on site and pristine landscaping. Great reputation with trained staff.
Market Outlook / Competition
Not a lot of competition in a wealthy area and high natural demand.
Opportunities for Growth
Local partnership and service expansion into med spa treatments would be highly desirable for the area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,250
Rent
$3,870.00 per month
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Seller lives far away
Transition Support
Seller will provide 3 weeks free support post sale. Ongoing consulting can be discussed.
Listing Info
ID
2380025
Listing Views
410

Contact Seller

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Business Listed by: Kristin Corrao

Listing ID: 2380025 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.