Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Luxury CBD Massage & Spa Placed next to a Major Highway
(Hair & Beauty)
Collin, Texas
Listed Price: $ 69,000
Listing ID: 000719

Listing DetailsDown Payment: $ 34,500
Gross Revenue: $ 162,565
Cash Flow: $ 35,000
FFE: $ 10,000 (Included in Price)
Inventory: $ 3,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Unique CBD massage & day spa with fully equipped facility in a prime highway location of North Dallas is available for acquisition. This business was originally established over half a decade ago in 2011 by the current owner of the business. Most of the customers are upper-class women with large amounts of disposable income that reside in the nearby densely populated residential neighborhoods as well as traffic from the large sports center. Net sales average was $165,000/year that has grown since the last year of operation without much marketing other than social media outlets. Although marketing is in place online, other sources of proactive marketing methods needs to be fully utilized for this business to generate more cash flow and acquire new customers from untapped areas within the city. Competition is expected for this business industry, but only indirect competitors is within the immediate market area that is mainly non-surgical clinics that is far different from this fully equipped beauty salon that provides services at reasonable price points as well as having a long established customer base. There are many ways to proactively market this business such as direct mailing, door hangers, weekly specials, promotional services and hiring additional staff for more man power to increase turnover rate. Placing additional staff will be extremely beneficial for this business to consistently bring a stream of customers and increase cash flow for the business to either expand or grow in services. Additionally, the CBD massage services is becoming more popular throughout the country and can easily acquire more customers by active marketing. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Competition:

There are few indirect competitors within the immediate market area, but this business has been long established and provides a price point that is affordable as well as competitive.


Potential Growth:

Some marketing is done online and through social media outlets, but other proactive marketing efforts is needed for this business is consistently grown in sales.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.


LocationSquare Footage: 1490
Facilities:

This business is located in a 1,490 SF high-end retail strip center that is optimally placed in an area full of retail businesses and next to a major highway that consistently bring heavy traffic to this business location. All equipment is in impeccable condition and is beautifully laid out within each of the rooms.


OperationYear Established: 2011
Employees: 3FT
Absentee Owner: No