Spa for sale

Philippines
Asking Price: On Request
Business For Sale Details
Listed on May 19, 2023

WAS 22.69 Million PHP
Now 14.9 million PHP (FIRM)

Fantastic Business Opportunity in the Heart of RUE DE PREMIERE only 2 minutes to walk to FAMOUS ALONA BEACH! This is a hugely popular spa with excellent walk by traffic and great online exposure making it a year-round favourite of International and local guests.

THIS IS WHAT’S GREAT:
· This Spa has great exposure online with excellent Reviews on Facebook, Number 1 on TripAdvisor, Google and DIanping.
· Huge turnover and profit for years to come, operates under full management
· Very close to the new International Airport – 3km
· Current staff can stay if the business is sold
· Long lease available on purchase with recently re-negotiated terms
· Alona Beach is incredibly popular with year-round income stream
· You can simply come in and start up with current management and staff
· Extra income streams with local hotels offering Spa vouchers to their guests

KEY FEATURES & BENEFITS:
· Excellent Location
o 200m to Alona Beach
o 4km to Panglao International Airport
· Panglao International Airport has Daily flights from South Korea, China and Europe
· Huge 250 SQM area
· 28 electronic, fully adjustable, velour massage beds
· 50 Plus on-call staff, fully trained and professional massage therapists and nail artists
· Space is one of a kind, on the second floor with marketing staff bringing guests to the venue
· All fully Air Conditioned and curtained for privacy
· Guest foot wash facilities
· Good storage area and working small office space
· Excellent reception area with waiting room and bathroom
· Includes all fittings and equipment to start up
· Deep well and town water supply
· Generator on site
· Total space area is 250SQM
· Generating excellent income, with all books and financial documents available


RETURN ON INVESTMENT (ROI)
Approximate yearly income for the SPA is 16 Million PHP per year gross.
Figures available on request.

REMINDER – You will purchase the business. The land is under a brand-new lease signed for you on application and payment.

Business comes with all business permits, municipality requirements, building permits, construction, municipal permits (wastewater, discharge) and we will provide advice through our extensive local experience and contacts to the new purchaser.

DON’T MISS THIS AMAZING OPPORTUNITY!

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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