Upscale Spa and Salon with Medi Spa in Maryland

This listing presents a thriving, upscale spa and salon with an integrated Medi Spa, located in Maryland. The business boasts a substantial gross revenue of $2,182,478 and a total income of $275,303. The Medi Spa component is noted as having significant untapped growth potential, offering a strategic opportunity for expansion. The business is well-established, founded in 2004, and currently operates with a management team in place, allowing the owner to work approximately 20 hours per week handling administrative tasks like deposits, payroll, and bi-weekly management meetings. The full-service salon offers hair and nail services, while the spa provides a comprehensive range of treatments including facials, waxing, body treatments, massage, reiki, and stretching. The operation employs 36 individuals, with service providers on commission and support staff on hourly wages, including 13 contract staff (1099). Key assets include leasehold improvements valued at $206,000, equipment/fixtures at $100,000, and inventory at $100,000. The lease covers 4715 sq ft with monthly rent of $11,275, expiring in December 2026 with options for renewal. The owner is selling due to health reasons.