Market Analysis, Project Feasibility
and Budget

If you build a spa or salon, will it be profitable? How long will it be until the business is profitable? What factors often lead to a lack of profitability in a salon or spa? What should be done prior to signing a lease or purchasing the land for the new business? What are the current trends that have developed, and which should be incorporated into this new business? What research must be done to assure the location and the population can and will support your business? How and where will you find the right employees?

These are just a few of the questions we will help you to answer. Our concept allows you to experiment on paper and develop the scenario ideal for you. Our team then evaluates the concept and provides constructive ideas to take it to the next level.

Project Feasibility Analysis and Budget include the following comprehensive reports and spreadsheets:

• Five year financial pro forma and operating budget
• Maximization of space availability
• Five year treatment room revenue, occupancy and utilization analysis
• Pre-opening expense worksheet
• Fixture, furniture and equipment list by room
• Payroll assumptions and suggested remuneration
• Staffing forecasts and analysis
• Cash flow analysis for years one and two
• Detailed assumptions to accompany business plan

Up to the minute demographic information, market data, competitive analysis and more are utilized for the assumptions presented...