Spa for sale in an affluent area of Dallas 001131

Spa for sale in Dallas. Well established therapeutic massage boutique with a high-end facility is now available for your acquisition. While rooted in a competitive, affluent North Dallas city, this spa for sale has become a prime example of a business steadily reaching its full potential. This boutique is regarded with high standards within the Dallas community and is frequently used as a litmus test to compare against other high-end boutiques. The community's level of satisfaction is genuinely evident when one peers into this establishment's near-perfect yelp and google reviews. This establishment occupies a 3,121 SF space in a retail strip center that has been newly expanded from its original 1,310 SF space. The current owner has extended the facility to keep up with the overflowing demand and utilize the recently implemented machines to facilitate their new services.

This establishment's amenities range from full-body massages, hydrotherapy showers, skincare routines, body wrapping, waxing, and reflexology massages, some of which can be enjoyed through combination packages. The hydrotherapy shower is a new French technology at the forefront of massage and spa technology. Currently, no other Dallas massage boutique has or is even capable of facilitating this new technology. The exterior of the building is clean and prim, a consistent theme throughout the facility. The window panes are adorned with simple plants that help the establishment look more lively. Walking into the facility, you're greeted with a bright and vibrant waiting room. This room is the only part of the building that is brightly illuminated. All the other rooms are used for massage and therapeutic services and thus are dimly lit and warm for maximum relaxation. The current owner has maintained all machines and equipment excellently and upholds the high standard that the customers expect from this facility. The city where this establishment is residing has a vibrant and lively business culture that breeds a highly competitive atmosphere. Other high-quality stores with high foot traffic and high customer retention rates surround this establishment, generating a vast amount of trickle-down foot traffic and customer awareness of this boutique. This massage boutique is front-facing a bustling main street, bringing significant movement to the city's business hub. The customer base consists of mid to high-class individuals, primarily middle-aged women and married individuals who often bring their kids. Many types of clients come to enjoy the services this boutique offers; thus, the ethnic background of customers is broad and not limited to the local community.

A few other massage parlors are in this establishment's business hub. Still, none of these businesses are considered direct competitors because their amenities pale compared to this boutique's modern facility. For the last three years, monthly gross sales have been around $40,000. In 2021, this facility expanded its holding capacity by adding an additional couple's room, three single rooms, one individual hydrotherapy shower room, one couple's hydrotherapy shower room, one locker room, and one waiting lounge.

Since the renovations, this establishment has been rapidly growing, generating $60,000-65,000 a month. Though the increase in revenue is substantial, the facility can improve greatly with additional staff that will allow this business to operate at full capacity without the influence of the pandemic. An average of 150 clients every week have to schedule services the following week as each week is fully booked! This establishment is projected to generate $1,000,000 in annual revenue when fully staffed and operating at maximum capacity.

To improve this Spa for sale, the singular thing that is necessary is simply filling out its shoes. Hiring ten to twelve part-time therapists, two receptionists, and two certified estheticians is required to facilitate this business to generate more sales fully. Doing this will let this well-established boutique soar to its fullest potential. Replacing the owner's position as general manager by hiring an employee capable of overseeing the facility, the owner can shift their focus solely on marketing and revenue generation.