Unique spa business with real estate included, in mountain village setting in the northern Gredos, less than 2 hours from Madrid.
800 m building with 3 floors on 1200m property includes garden and terrace. The "water" floor includes hydrothermal circuit with jacuzzi, jet pool, cold plunge, dry sauna, wet sauna, Scottish shower and large area for heated swimming pool. Ground floor includes changing rooms, 3 treatment rooms and reception and first floor is general usage area for yoga, Pilates, couples massages etc.
profitable business with both tourism clients and local residents, open year round with potential for growth. Owners seeking retirement but willing to transition.
- Asking Price:
- €350,000 Furniture / Fixtures included
- Turnover:
- €100K - €250K
- Net Profit:
- Under €50K
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
While living accommodation is not included in sales price, a modern 2 bedroom , 2 floor flat with private garden adjoining the spa is available for reasonable rent or sale.
- Location:
-
In a village of only 400 persons at the entrance of the Gredos park, it is a prime area for tourism year round, with a parador, several hotels and campsites and more than 100 rental homes in a 5 kilometer radius, many of which partner with the spa for their guests.
- Premises Details:
-
800m construction in 3 floors on 1200 property. lower floor , with entrance to garden is the hydrothermal circuit and heated swimming pool. entrance is reception, changing rooms and treatment/massage rooms. first floor is multi´-function for yoga, Pilates, group sessions etc.
- Planning Consent:
-
Efficient energy certificate obtained, property and business is debt free
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
10% Annual growth post Covid, there is still significant growth potential for both use of the hydro circuit, water facilities, as well as the offer for massages, body and facial treatments , swim and yoga/Pilates classes.
- Competition / Market:
-
Aguas de Gredos is the only rural spa in the Avila province. IT partners with the majority of hotels, hostels, rental homes in the area offering packages for their guests. local residence are offered special rates on lower occupancy days. Also partners with activities like hunting groups, bikers, horseback riding companies etc.
- Reasons for selling:
-
Owners are husband and wife past retirement age wishing to pass on a profitable business for persons seeking a new lifestyle, as they did several years ago.
- Trading hours:
-
10:00-15:00 , 16:00- 21:00 open everyday during spring, summer and fall. closed tuesdays during winter.
- Employees:
- 4
- Years established:
- 2008
Other Information
- Support & training:
-
Owners are Spanish and English speaking, who are seeking retirement but reside in the village and are willing to transition the buyer is so desired, including introductions to suppliers, business partners in the area and access to marketing plans.
- Furniture / Fixtures value:
- €11,775 - included in the asking price
- Inventory / Stock value:
- €10,000
- Website:
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