$120,000

Turnkey day spa opportunity at Peabody’s historic Hallmark Building. With nearly 40 years in business, the current owner is preparing to retire and pass Classic Faces Day Spa to a new operator. Open seven days a week, the business offers an established platform with room to expand its services. The approximately 1,872 SF space is located in a professionally managed building surrounded by established businesses, with more than 100 parking spaces and convenient access for clients and staff. The property also features two prominent monument signs along Route 1 and Lowell Street. The well-equipped layout includes multiple massage and treatment rooms with sinks, a dedicated tattoo room, a spray tan room, and a nail room with three manicure stations and three pedicure stations. Additional features include an in-unit bathroom and 3/4 shower, kitchenette, breakroom, supply room, an office, and in-unit stackable washer and dryer. The sale includes the established business name and reputation, current staff, a customer database developed over 40 years, strong Google reviews, and equipment, furnishings, and inventory reportedly valued at more than $200,000. Nearly $400,000 in annual sales with the current services offered, a new owner may have opportunities to add services like lash extensions, brow lamination, LED light therapy, nail enhancements, and Medical-aesthetic services, including Botox and dermal fillers, subject to applicable licensing, medical oversight, and approvals. An assumable lease may be available, subject to landlord approval. Current rent is approximately $4,492 per month, with utilities included. The tenant pays for phone, cable/internet, business insurance, and janitorial service. No NNN or CAM charges are passed through to the tenant. The location offers convenient access from Route 1 northbound and from Route 1 southbound via Lowell Street. Common areas include multiple entrances, ADA accessible, 5 common bathrooms, on-site dumpster, vending machines, plus an owner operated interior and exterior camera security system. Reported traffic counts are approximately 40,000+/- vehicles per day on Route 1 and 23,000+/- on Lowell Street. This is a rare opportunity to take over an established spa with a loyal following, recognizable name, and substantial assets already in place.