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Established Day Spa On Busy High Street For Sale

Ascot Vale, Victoria, Australia
Asking Price:
$149,450 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
On request

This highly established and well-loved day spa in a village precinct location has a strong, recognisable brand and an excellent reputation.

The business has proven robust and resilient and is performing consistently. Currently experiencing growth, the business has recently expanded the team and have adapted positively to dynamic societal conditions.

Although the business is performing well, after 21 years of operations, the business owner would like to pursue other career opportunities and feels the time is right to hand the business over to a new owner whilst business is strong.

A visit to the day spa is definitely recommended to genuinely interested parties.

Some key features are listed below:

  • Long-term, loyal patronage with a client retention rate of 70-75%
  • Long-term and highly experienced team members that are a true asset to the business.
  • Large reception area with a further 8 treatment rooms.
  • Depending on the time of year, takings range from $6500 - $7500 per week with increased takings at Christmas time and for Mother’s Day.
  • Long-term lease in place. Rent approximately $39,120 pa.
  • Offering a wide range of beauty therapy/day spa services inclusive of hair removal, IPL, facials, advanced skin treatments & massage services, tanning, manicures & pedicures. The business is particularly renowned for facial and skin treatments, body/massage treatments and waxing services.
  • Strongly performing product and gift voucher sales support service revenue.
  • Would suit investor or owner/operator as full management can be readily put in place or an owner/operator looking to run their own business.
  • We also have in place a complimentary online skin care business that is growing steadily. This side business is an effective retail tool and significant source of potential and future growth.

Property Information

Real Estate:

Lease

Lease Terms:

Option to renew in November 2026 for a further 2-year term.

Leasehold Rent:

$39,120 (AUD) per annum

Location:

The business is located in a beloved shopping village within a prime high street location. High exposure to passing car traffic, public transport and foot traffic. Inner city location in Melbourne's west.

Premises Details:

2-storey terrace building with 8 different treatment areas and a large reception area. Single covered car space in rear.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Boost marketing and advertising to experience an immediate increase to revenue and grow our online skincare store for multiple income streams. Extend trading hours and introduce more treatments to capture a wider audience.

Reasons for selling:

After 21 years, the owner would like to move on to other career opportunities. The business runs itself but would benefit from more attention and renewed passion.

Trading hours:

Tuesday-Saturday
Late trading Thursday & Friday (8pm)
Closed Sunday & Monday

Employees:
3
Years established:
21

Other Information

Support & training:

The owner is willing to remain on board with the new owner for a negotiable period to ensure a smooth hand over.

Furniture / Fixtures value:
$100,000 (AUD) - included in the asking price
Inventory / Stock value:
$7,000 (AUD) - included in the asking price
Website:
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