This is an established and luxurious day spa offering high quality medical spa services for non-invasive, anti-aging, cellulite reducing treatments. It is a fully-equipped, inviting, clean and professionally built spa. The business owns an array of expensive, high-end technology and proven medical grade beauty machines, the combination of which are difficult to find in any other beauty clinic in Vancouver.
Main services offered are: Anti-Aging Facials, Body Contouring, Cellulite Reduction, Infrared Detox Sauna, Laser Hair Removal and Laser Photofacial Services.
Many repeat customers developed over the past 12 years in business.
Knowledgeable, went through and professional staff that want to stay on.
The business is located in a fairly exclusive Vancouver shopping district which caters to high-end, luxury services and products. People likewise come to the area for the restaurants and various dining options. The location generates Numerous drop-in customers.
Appraised value of equipment $400,000 (some lease payments remain outstanding and will be assumed by the buyer).
Good location along with favourable lease terms – there is a five year lease in place (started in December 2014). Base rent is $2,940 per month plus $1,640 property taxes per month. There are minimal restrictions on opening times.
Asking Price Range: $250K – $500K
Gross Revenues: $375,000
Cash Flow: $70,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
Year Established: 2003
Number of Employees: 1 – 3
Current Real Estate: Leased
Property: Property For Lease
Management Training and Support: Will be provided
Reason For Selling: Health issues