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Established Turnkey Spa In Kelowna BC

Kelowna, BC, CAN
Listed 14 days ago
Established 2019

Established Turnkey Spa for Sale in Kelowna, BC – 5+5 Lease Asking Price CAD $109,000 Business Description Highlights include: Reason for Sale: Owner is retiring. The owner is willing to provide reasonable training and transition assistance to ensure a smooth handover. Additional business and financial information is available to serious qualified buyers subject to confidentiality. Please contact by email for further information.

Location

Located in Kelowna, British Columbia, in a convenient and accessible commercial area.

Lease Terms

Recently renewed 5-year lease with an additional 5-year renewal option (5+5).

Real Estate

Lease

Trading Hours

Monday & Wednesday–Sunday: 10:00 AM – 7:00 PM. Tuesday: Closed.

Leasehold Rent

$30,000 (CAD) per annum

Management Type

This business is owner operated.

Premises Details

Fully equipped and well-maintained spa premises with treatment rooms and reception area. Monthly rent is approximately CAD $2,500. Recently renewed 5-year lease with an additional 5-year renewal option.

Support & Training

Training and transition support can be provided to ensure a smooth handover.

Expansion Potential

Significant opportunity to grow the business by adding staff, expanding services and operating hours, and increasing marketing and online promotion.

Size In Square Feet

982

Competition / Market

Established business with an existing clientele and online presence in the local beauty and wellness market.

Reason for Selling

Owner is retiring

Financials

Asking Price
$109K
RevenueMost Recent Year
$200K
Earnings (SDE)Last Reported
$60K
Assets Value
Undisclosed
Seller Financing
Not available

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