Immersive Wellness Spa with Multiple Revenue Streams

01 Oct Immersive Wellness Spa with Multiple Revenue Streams

Posted at 14:42h in by Michael Greene

Price: $150,000

Location: Santa Fe & North Central Region, New Mexico

Industry: Health and Wellness

This spa is one of Santa Fe’s most distinctive, non-medical wellness centers, representing a $250,000-plus investment in specialized buildouts, property improvements, equipment and amenities. The cornerstone of the spa is a multi-sensory environment that is associated with enhanced well-being, reduced stress, better sleep, and other wellness benefits. The spa’s multiple modalities provide sources of one-time and recurring revenue, supplemented with special events and retail product sales. This business is gaining a strong local following and attracting increased visitor awareness.

The business’s real estate is an additional $425,000, an asking price below a recent Broker’s Price Opinion. Owning the property gives a buyer direct control over this bespoke, fully equipped venue, which would be difficult and costly to replicate.

The business is supported by a modern, integrated technical platform, making it easy to monitor remotely. With the Seller working just two days a week in the business, it presents an attractive opportunity for an engaged owner-operator, while additional staffing could reduce the need for onsite owner involvement. This opportunity is well-aligned for a massage therapist or other bodywork specialist, who could introduce additional services and a stream of revenue.

Business Highlights:

The business and real property are being offered together for a price of $575,000
The business requires no medical background or specialized training
Seller financing is available to a financially-qualified buyer with a minimum of 25% down
Over 150 Google reviews averaging 4.8 stars, and 8,400 social media followers
Over 2,250 names in the customer database
An average of 211 bookings per month
Recent average service ticket of $101, retail ticket of $96, and package, gift-certificate, or subscription order of $168
Modest historical advertising expenditures leave considerable room to build awareness and expand market reach

Listing Details

Revenue: $171,039

Cash Flow: $70,058

FFE: $44,000 (Included in Price)

Inventory: $6,000

Real Estate:$425,000 (Not Included in Price)

Terms and Conditions?:

Seller will finance 75% of this deal.

Reason For Sale:

Logistical constraints limit the Seller’s ability to remain engaged in the business.

Training & Support:

The Seller will provide up to three weeks of training and transition support, details to be negotiated.

Summary

Owner Qualifications:

No specialized training or license required.

Competition:

This spa has no direct equivalent in Santa Fe, introducing the potential of forming partnerships and referral relationships with bodywork practitioners, healthcare professionals, and hospitality businesses.

Potential Growth:

A new owner could build recurring revenue, introduce more customers to the full service menu, and expand programming. Coordinated marketing initiatives and outreach initiatives could expand awareness among full and part-time residents as well as visitors, wedding parties, and conference attendees. A full menu of Seller-identified growth opportunities can be provided upon receipt of an NDA and Confidential Buyer Profile.