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Medical Spa Practice Business In Saskatoon For Sale

Saskatoon, Saskatchewan, Canada
Asking Price:
$750,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Established 26 years ago, 'Changes Salon & Spa' is a highly successful and profitable medical spa practice that is ready for a buyer to come and not only maintain its levels of achievement, but take them even further.

The clinic is located in a very busy, high-traffic area of Saskatoon with free parking. This highly welcoming clinic boasts 17 rooms and two staff areas that are operable simultaneously. All of the furniture and equipment is modern and in excellent condition. This clinic is a truly turnkey opportunity with remarkable growth potential.

The market is not short of competition, which makes the reputation and success of this business all the more noteworthy. 'Changes' is a clinic that is recognized and respected.

'Changes' offers:
- Facial and body treatments
- Manicures & pedicures
- Registered massage therapy
- Waxing
- A full range of IPL and microdermabrasion treatments
- Hair and nail treatments
- Teeth whitening
- Organic skincare products
- Laser treatments
- Vela Shape (cellulite) treatments
- Botox
- Services for couples!

There are plenty of other places in Saskatoon that offer one or a few of these services, but nowhere that brings them altogether in one place like this clinic. And despite the wide range of services on offer, there is still room for a new owner to try out other areas and expand the 'menu'.

Every corner of the city has heard of 'Changes' in one way or another, and being this renowned has allowed it to flourish both in hard times as well as good.

Despite its past success, this spa has tremendous untapped potential for the right individual with the entrepreneurial skill set and energy to introduce new products and treatment ideas.
This stunning 5,000 square feet salon, spa and beauty retail store is located on one of Saskatoon's business street locations.

Average monthly gross sales $80-$90,000. By bringing in some new services, this clinic could easily gross over $120,000 a month.

'Changes' is large enough to hold events such as wedding parties, engagement showers, baby showers, book club nights, etc. Successful events such as a ladies' night and a men's night have been held in the past.

As this matter is very sensitive, a selection criteria has been made to protect the anonymity of the sellers so that this may not effect the steady pace or the fast track the business is on until stages with the buyers become more serious.

There is nowhere like 'Changes Salon & Spa' that people can go to and have a spa day where they can pick any combination of services they want and not have to leave the building. This really is a once-in-a-lifetime opportunity for a buyer willing to take on this already highly successful business!

For more information about this business, please contact us on this page.

Property Information

Real Estate:

Lease

Lease Terms:

2 year left on 5 year lease

Location:

Beautiful Salon & Spa situated in a prime and highly affluent neighbourhood facing 8th Street. Saskatoon is close to major highways and surrounded by high-rise condos, businesses and restaurants.

Premises Details:

Currently 1 years left on a 5-year lease.

Size in square feet:
5,000

Business Operation

Expansion Potential:

With further marketing online and more services and products added to the 'menu', there is scope for great expansion with this business.

Competition / Market:

There is competition in as far as as this is a very competitive market, but there is very little in local competition that offers such a wide range of high quality services as this business.

Reasons for selling:

Health reasons.

Trading hours:

Monday to Sunday 9-8
Saturday 9-4
Sunday 9-5

Employees:
14
Years established:
25

Other Information

Support & training:

In house Training on going

Furniture / Fixtures value:
$400,000 (CAD) - included in the asking price
Inventory / Stock value:
$250,000 (CAD) - included in the asking price
Website:
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