The spa has two separate and diversified business segments.
The physical location is at Simpson Bay Beach so there is a ready potential market for the business. Massage and other services can be carried out in the spa or under the cabana on the beach.
Simpson Bay Beach Business Part 2The second segment is an off-site call-out service. This part of the Simpson Bay business involves a range of spa and massage services which are performed at private villas and condos and hotel guest rooms where clients prefer the services to come to them rather than driving to the physical spa location. These services are generally more expensive as clients are receiving a more convenient and private experience. Yachts are another lucrative market potential with ready contacts with marinas.
The diversification of having two separate business segments separates this spa from most others as income is being generated from two different target markets. This is true diversification. No promotion is currently being done so there is lots of growth potential and opportunity to increase and build the business.
This is a business with almost no overhead and no employees as spa services are performed by independent contractors and not employees. Fixed costs are low and there are almost no variable costs. A new owner does not need to have previous experience running a spa or similar services. The current owner will help in the transition to a new owner.
At a sales price of $500,000, the return on investment is approximately 18% per year!!! Please call for a detailed explanation of income and expenses.
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Transfer Tax |
4% |
Property Tax |
0% |
Capital Gains Tax |
0% |
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