Business Idea

Start A Spa Hotel Business

About

Starting a spa hotel business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell , or selling online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$99B
starting costs
$24.5K
gross margin
43%
time to build
9 months

About

Starting a spa hotel business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell , or selling online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$99B
starting costs
$24.5K

 

gross margin
43%
time to build
9 months

Startup Costs

Min Startup Costs Max Startup Costs
Equipment & Supply Expenses $550 $6,500
Retail Business Expenses $0 $16,150
Inventory Expenses $350 $14,750
Advertising & Marketing Costs $75 $9,636
Software Expenses $0 $425
Website Costs $17 $275
Other Expenses $0 $300
Total Startup Costs $992 $48,036

Successful Businesses

Business URL Rank
Hospitality Software & Solutions agilysys.com #196,294
Mohonk Mountain House mohonk.com #233,968
La Quinta laquintaresort.com #304,632
- Design Hotels™ designhotels.com #307,418
Day Spa Supplies, Medi Spa Supplies, Beauty Salon Equipment, Day Spa Equipment, Styling Systems, Salon Chairs, Retail Displays purespadirect.com #526,556
Jupiter Beach Resort jupiterbeachresort.com #812,815
Spa jobs and beauty recruitment online spastaff.com #1,196,181
The Spa At The Hotel Hershey chocolatespa.com #1,222,948
Water's Edge Resort & Spa watersedgeresortandspa.com #1,367,377
Luxury Business Hotels in Mauritius indigohotels.com #1,397,943
Swinton Estate swintonestate.com #1,501,660

Pros & Cons

Pros Description
Rewarding work Starting a spa hotel business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Meaningful business connections You never know who you will meet as a spa hotel business. This could be the start of an incredible business opportunity!
Daily physical activity Spa Hotel Business's typically involve a much greater degree of movement than other lines of work. Most days, you will spend your day walking, running errands for your business, and performing a multitude of tasks. This can have a positive impact on energy levels and your overall health.
Amazing perks and discounts Working in the spa hotel business comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.
You are your own boss! With starting a spa hotel business, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!
Local Community One of the best parts of starting a spa hotel business is that you can develop a local following by selling your products at craft shows, farmers' markets, or even local storefront businesses! This gives you access to additional revenue streams and loyal customers.
Cons Description
Crowded Space Competition is high when it comes to your spa hotel business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Finding The Right Supplier Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Low margins The gross margins for your spa hotel business are typically around 43%, which can make it more challenging to incur new expenses and maintain profitability.
High employee turnover In the spa hotel business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.
Taxes As a spa hotel business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.