Lake Tahoe Located Massage and Skin Care Business - SC20

Business Location: Placer County, California Primary Business Category: Hair, Nail, and Skin Care Services This Northern California Massage and Skin Care Business is a California Sub-Chapter S Corporation and was started 9 years ago and has been under current ownership since inception. Set up as a Day Spa, this business offers customized facials using professional skincare products, airbrush tanning services, full body waxing, eyelash extensions, and aromatherapy treatments. They also offer hot stone massages, pregnancy massages, and Signature massages just to name a few. They also have an Infrared Sauna available for clients as well. A short drive to such prestigious locations as Incline Village, Kings Beach, Northstar, and Squaw Valley - you can enjoy phenomenal surroundings while receiving relaxing spa services. Competition Description A large portion of the business directly comes from word of mouth and repeat customers as well as vacationers in the region, but they perform marketing in several venues including Facebook, Yelp, and their website. While there is competition, there are no spas in town which makes them unique. Their focus is more on local and second homeowners as far as targeting, but they do get some tourists in the region as well. Since the focus is more on locals, that makes them unique and allows them a consistent revenue stream. Other items that make them unique to the competition include reviews, location, reputation, atmosphere, and parking. Growth / Expansion overview The area where the business is located has been growing tremendously, especially given the WFA (Work From Anywhere) environment that has now developed. The surge in part-time and full-time residents has also brought a surge in personal services. Additionally, the median home prices in the area have risen, bringing in a new type of clientele that is better suited for self-care. Support / Training Comments The Seller is willing to provide training at 40 hours per week for 2 weeks for the new Owner. Any additional training beyond this time would be agreed to at mutually agreed upon terms between the Buyer and Seller. Reason For Sale Owners want to pursue other interests Home Based: No Year Established: 2012 Year Acquired: 2012 Franchise: No Willing to Train: Yes Relocatable: Yes Required Licences: Is Property Leased: Yes Real Estate Available: No Days Open: Monday-Sunday Hours Open: 10:00 am to 6:00 pm Full-time Employees: 0 Part-time Employees: 0 Is Management Staying: No Distressed: No Monthly Payroll: ON REQUEST Building Size: 1,100 sq. ft. Monthly Rent: $1,716 Lease Miscellaneous: $516 of Monthly Rent is CAM Charges Location: Placer County, California Year Established: 2012 Number of Employees: 0 Real Estate: Leased Building Sq. Ft.: 1,100 Rent: $1,716.00 Per Month Facilities: Building Size: 1,100 sq. ft. Website: www.northlakemassageandskincare.com/ Market Outlook/ Competition: A large portion of the business directly comes from word of mouth and repeat customers as well as vacationers in the region, but they perform marketing in several venues including Facebook, Yelp, and their website. While there is competition, there is no spas in town which makes them unique. Their focus is more on local and second homeowners as far as targeting, but they do get some tourists in the region as well. Since the focus is more on locals, that makes them unique and allows them a consistent revenue stream. Other items that make them unique to the competition include reviews, location, reputation, atmosphere, and parking. Growth & Expansion: The area where the business is located has been growing tremendously, especially given the WFA (Work From Anywhere) environment that has now developed. The surge in part-time and full-time residents has also brought a surge in personal services. Additionally, the median home prices in the area have risen, bringing in a new type of clientele that is better suited for self-care.