SPA business is very popular these days. Most of the people have the habit to enjoy the SPA daily or at least once a week. It enables them to have rest and get rejuvenated in a number of ways when they spend time in the SPA. If you are thinking to be the one who wants to provide the SPA services to people, you can open your personal SPA. Being the owner of the SPA can be rewarding and very useful at the same time.
If you want to open a SPA in a locality or you want to provide your SPA services in a SPA, you can write the SPA services proposal. This enables the owner of the SPA to know what kind of services you can provide and how.
It is very important for every SPA service provider to write a winning proposal that can convince the owner of the SPA to render his services. For this purpose, the following tips can be followed:
To: Richard Williams
From: Aileen Fernandez
Date: 4th November 2019
Dear Mr. Williams,
Thank you very much for the meeting yesterday. I am extremely excited to start my own XYZ Spa on Wells and Hill Street and looking forward to your company financially assisting me to set up this business. I have prepared this proposal for you, with all the details and would like your company to have a look at the entire opportunity and share your assistance to support my business idea.
Let me know if you have any reservations or queries.
I would like to open a Spa at the corner of Wells and Hill Street, in Chicago. The XYZ spa will be a health and wellness spa. Our customers will get the highest quality treatment. As ABC is a top Venture capital firm and you support talented entrepreneurs, I would like you to provide me the necessary finances to start up my business. I myself have worked with quite a few spas for the past 5 years and now I want to open one of my own. My goal is to facilitate our clients in such a way that they can use massages and therapies as preventive health care. Our XYZ spa will offer facilities such as acupuncture, aromatherapy, and chiropractor.
We plan to offer the following services in XYZ Spa
Hours of operation:
Monday -Sunday: 7:00 am -7:00 pm
202 W Hill Street
Spa and wellness
7 workers will be hired
Our main objective is to set up a spa for the ease and convenience of our community people. Also,
W Hill Street is a very happening and lively place. It is easily accessible from the ABC highway. There are a few offices at a walking distance and the foot traffic is also decent. The Wells and hills plaza is located on this street and has a lot of offices and residential apartments. We are going to rent one of the floors of this plaza. It is a 6,500 square feet floor and the rent is $100 per 100 square feet. A little remodeling and redesigning are needed in order to turn this into a relaxing spa.
Today, the spa Industry is a great revenue-generating industry. According to studies, spa industry revenue is growing at 25% per year. Currently, W Hill Street has 2 more spas operating in the area, but they are not fully equipped. They are not even providing all the facilities we are planning to provide and they don’t offer high-quality standards. People living in the area have to travel far in order to get high-quality spa facilities.
We believe our target market is going to be people in the upper social class. These people have sufficient disposable income and they expect premium treatment. We would also like to serve people with minor pains and injuries, needing massages and therapies.
We will make 3 separate portions in our spa. Our staff will consist of qualified Beauty Therapists, Massage Therapists, consultants, receptionist, and manager.
Reception: There will be a reception and waiting area. People will be able to make appointments and bookings here and also in the waiting area, they will be able to wait for a consultation.
Massage and Therapy Area: This area will consist of 8-10 massage tables, separated by dividers and curtains. Our trained therapists will perform facial treatments, neck and shoulder massages, reflexology and aromatherapies.
Wellness Facility: This area will consist of exercising equipment. There will also be a sauna for the clients to release stress. We will build an indoor pool with chromotherapy so the clients will be able to make full use of water therapies.
We would like ABC to initially grant us a loan of $40,000. Estimated start-up expense details are provided below:
|Spa Design & Renovation||$10,000|
|Rent (1 year advance)||$5,000|
Legal paperwork includes getting approval from the concerned authorities, obtaining licenses and permits. Equipment includes furniture, electronic devices, CCTV cameras, etc.
Expenses for each month will be the following:
|Utility Bills (Water, Electricity, Phone)||$500||$6,000|
In order to set up the XYZ Spa and sustain it, I’ll be needing a sum of approximately $80,000. I am financially capable to put in half of the amount and seek your esteemed firm to lend me $40,000, for a period of three years.
This spa business will surely attract a large number of consumers because of its authenticity and specification. I am very optimistic and certain that we will break even within the first couple of years and start generating profit by the end of the third year. Below is the sales forecast for the first fiscal year, based on information collected in the field.
|Facial and Body Treatments||$25,000|
First 6 months: $40,000
First fiscal year: $100,000
Second fiscal year: $220,000
My credit reports and credit scores show that I have a 750+ score and this should give you enough confidence in me and my entrepreneurial skills. I appreciate it if you can accommodate my financial support request with a minimum interest rate and a reasonable monthly installment.
I would like to seek your approval to proceed with the necessary arrangements. After your approval, I will initiate the process and we must work on the Terms and Conditions for the future.
You can contact me with any of the following ways:
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