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Under LOI – Established Day Spa and Med Spa – West Michigan

Under LOI – This spa is a well-established luxury spa that has thrived for 17+ years, offering day spa and medical spa services. It has built a reputation for excellence, attracting loyal clients from beyond the local area. As the premier skincare destination in the region, this spa stands out with a dedicated physician, highly skilled estheticians, and state-of-the-art equipment, ensuring top-tier treatments and results-driven services.

Driven by sustainable revenue streams, including premium skincare retail products and membership packages that generate steady income. A strong online presence facilitates easy booking, gift card sales, and client engagement. Catering primarily to professional women who prioritize self-care, this spa benefits from a loyal customer base. Supported by an experienced team, advanced technology, and a beautifully designed facility, it presents an exceptional opportunity for a buyer seeking a thriving, high-margin wellness business.

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Listing ID:

ABG-25015360-55

Location:

West Michigan

Type of Business:

Medi-Spa, Day Spa

Asking Price:

$995,000 (Plus Inventory)

Gross Revenue:

$1,323,406

Cash Flow:

$387,088

FF&E:

Included

Established:

2008

Employees:

5 Full Time, 4 Part Time

Facilities:

  • High-traffic location with a picturesque setting
  • Thoughtfully designed layout
  • 2,456 square foot building

Real Estate / Lease Terms:

  • 2 years remaining on current lease with a good tenant-landlord relationship

Growth Opportunity:

  • Physician-led advanced training and service enhancements would allow higher level treatment
  • Membership program is new and gaining traction, but has further growth potential
  • Implement staff incentive programs to enhance performance and therefore increase revenue

Competition:

  • Market is fragmented
  • Competitors either lack warmth or do not offer medical-grade products and services

Support & Training:

  • Current owner wants to facilitate a seamless transition for the new owner
  • Seller will work through a transition and help train the new owner with employee and vendor relationships

Reason for Selling:

  • The current owner has worked hard to transition the business model into a semi-passive role for the owner and is now looking to find a new owner to carry on the legacy and move on to other areas of focus

Broker Contact:

Nichol Garnsay – Advanced Business Brokers

Direct: 269-363-2015

Email: Nichol@ABB-BusinessBrokers.com

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.

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Dr. Mark Hagar

A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.


Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).


In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.


A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.


As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.