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Spa Investment Opportunity in Kandy, Sri Lanka

Aromatherapy spa in Kandy, 6-10 customers per day, seeking investment for expansion to more outlets.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 47 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 40 %
Industries Spas
Locations  Kandy
Local Time 9:16 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 80 thousand for 20.0% stake (Native Currency: LKR 24,000,000)
Reason: Seeking investment for expansion of the business by opening more branches in other tourist cities ac... View More
Includes physical assets worth USD 34 thousand
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Business Overview

- Aromatherapy spa business, based in Kandy.

- We infuse traditional treatment methods such as Hawaiian, Balinese, Ayurveda etc.

- Services provided include facials, body scrubs, pedicures, manicures, massages etc.

- The facility has a capacity to accommodate 6 customers at a time.

- We get about 6 to 10 per day. The average service cost is LKR 15k to 20k.

- The unique feature of our spa is it is based on eco-friendly concepts and has a natural cooling system.

- We had to shut down the business 2 years back due to COVID, and we just restarted middle of last year.

- Hence, the overall revenue is high this year, compared to last year because we are now operating at our full capacity, with a good number of tourist customers.

Products & Services Overview

Aromatherapy spa - facials, body scrubs, pedicure, manicure, massages services etc.

Assets Overview

Physical assets include the spa equipment and furniture.

Facilities Overview

We are operating from a reputed hotel in Ampitiya, Kandy, where a dedicated unit has been given to us. 50% commission on monthly sales is shared with them. No additional rent/lease amount is to be paid.

Capitalization Overview

The business is self-funded.

Have taken a few bank loans for business expansion.

There is only one director/ owner.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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