Luxury Medical Wellness Spa in South West Calgary. This is a franchisee with the opportunity to break from the franchise and rebrand, saving more than $1M in royalties over the next 10 years. This spa offers Massage Therapy, Traditional Esthetics such as nails, eyelashes and body wraps, Medical Esthetics such as injectables and state of the art technology for skin tightening and skin remodeling + laser hair removal. The space can handle up to 5000 appointments per month with an average of $100 per service/hour. Over the next 10 years, base case revenue is estimated at $10 Million but we estimate $20M with a further upside of $10-20 Million mostly due to Medical Esthetics with the highest price service at $1500 per treatment. We are looking for funding of $500k, similar investment from a partner or to sell this business.
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