Absentee business for sale franchise spa in N. Dallas 001222
Absentee business for sale franchise spa in N. Dallas, One-of-a-kind business. This franchise spa business is entirely owner absentee and highly profitable, with a prime location anchored by a prominent national retailer and surrounded by many small retailers that cater to similar demographics. The business was established by the current owners in 2015 and has grown tremendously, with annual revenue of nearly $1.4 Million. A full-time manager currently operates the business with three leads, one in each of its three departments totaling over 20 employees. The management handles payroll, inventory, and purchasing after approval from the owners. Current owners are not involved in the business's day-to-day operations and meet with the manager once a month. The business offers services such as massage therapy, skincare, and beauty treatment and sells beauty products that complement its services. The demand for its services is very high as they are always completely booked. There is plenty of room for growth, as the current space is only 80% utilized, with additional space that could be added.
The seller will provide sufficient training for an agreed-upon duration.
All fixed assets are in excellent shape as owners have prioritized guest experience. Prime location with the right demographic for beauty and personal care business.
There are competitors, but this business offers a better experience, expanding its customer base with more repeat guests and its local market share.
The business currently utilizes only 80% of its space, and demand is only growing. The new owner can utilize the remaining unused space for growth as the current demand is high.
100% cash at closing or SBA Financing with 20-30% cash down at closing
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