Global TransNet has launched Simply Unique Spas to develop and manage day anf medical spas. the concept plans tooffer turnkey spa solutions.
Capital required by the client to initiate a basic spa begins at $350,000 and increases accordingly based upon the size of the spa.
A basic spa could generate $2 million per year in revenue with a 10 to 15% bottom line. This provides a 3-year return of invested capital, with the first year being breakeven, and a resulting spa business asset worth approximately $750,000.
In 2004, the spa industry accounted for $11.2 billion in revenues. The spa industry is growing at an incredible rate, with the experts pegging the average revenue increase at 114 percent per year.
The spa industry currently registers 156 million visits per year with a triple figure annual growth seen for the next 10 years. This astonishing growth is attributed to the demand for the “stress-free” environment, a place where people can escape the frantic, daily grind.
Simply Unique Spas earns its revenue and profit from a consulting fee paid by the investor to open the spa and then an ongoing management fee as a percent of spa revenue. The management fee varies based upon services rendered. This fee structure provides a long-term revenue stream for Simply Unique Spas.
Simply Unique Spas expertise comes from Spa Management Solutions, another subsidiary of GTN. Spa Management Solutions is a planning, management, operations, and profitability expert for the spa industry.
Spa Management Solutions has combined twenty years of experience in the spa and wellness industry.
A partial list of Spa Management Solutions’ clients include: The Spa at Caesar’s Palace, New York Hilton & Towers Spa, The Arizona Biltmore Resort & Spa, St. Andrews Country Club, Loews Miami Beach Hotel Spa & Fitness Center, and Fort Lauderdale/Sunrise Hilton.