Industry Awarded Luxury Spa in Iloilo CityListing: #OR00448
About this Business for sale in Ilioilo-GuimarasIndustry Awarded Luxury Spa in Iloilo City
This Luxury Spa is a well-known spa located in one of Iloilo’s business districts which offers massage services by licensed therapists.
Established in 2014, they developed a system that properly monitors their daily transactions, finances, and accounting. They implement the following shifts: (2) Receptionist to entertain and queuing of the clients, (1) Clinical Supervisor to address client’s massage concerns and monitor the continuous training of the (7) massage therapists and (1) Accounting Specialist who does the final reports and employee payroll.
Aside from their proprietary massage services, they also offer complementary services such as sauna baths, along with body, facial and hair treatments.
Currently offering their services to a niche clientele of local tourists and businessmen, this business has more room for growth. It has the potential to expand in terms of improving its multimedia and digital presence, sell franchise rights, offer additional services to include non-surgical treatments, and offering spa-related product lines and merchandise. Moreover, several customers already inquired if they have branches in other locations or if they are considering to franchise. Included in the sale are the following: brand, proprietary massage services, systems in place, furniture and fixtures.
Due to its excellent services, it received good reviews and was recognized as an Excellent Business Awardee by Elite Business and Leadership Awards despite its location being in Iloilo.
An ideal buyer for the business would be 1) an experienced entrepreneur in the Spa, wellness and beauty industry with the knowledge to take this brand to the next level, 2) an entrepreneur looking for a brand and massage concept that is easily relocatable to any location outside Iloilo City or 3) simply an entrepreneur looking to buy a business and settle down in Iloilo City. One of the Philippines’ major cities known for its safety environment and quality educational institutions. As this city was deemed as the 8th safest city in Southeast Asia.
Do either of these buyers sound like you? Give us a call if you are ready to take the challenge of reaching its highest potentials or if you are looking to start a new life in a beautiful city outside Metro Manila.
For more details and information,
Dan R. Francisco | Corporate Business Broker | +63 917 842 3263
Caryl A. Nonato | Business Broker | +63 917 323 2069
+63 2 7900 8000
+63 917 323 2069
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.