Spa Equity Stake For Sale in Bangkok, Thailand

Core revenue is massage and wellness therapy sold through a hybrid walk-in + advance-booking model, with a locked-in prepaid membership base. Customers are urban working residents aged ~25–45 who buy recovery as an everyday habit and return regularly (75% repeat). Growing product line (balm, pillow mist, inhaler) sold across branches + online. Tangible: spa/treatment furniture and equipment, a fully fitted commercial kitchen, F&B equipment, furniture, fixtures and leasehold improvements across both branches — total physical assets ~THB 6M. Intangible: the full brand and registered trademarks, 50+ character/mascot designs, the complete franchise system and agreements, all operating SOPs, trained team, customer database and booking systems, supplier relationships, and two established going-concern branches. Two leased locations in Bangkok: a large-format flagship (~1,600 sqm, high-visibility roadside) plus a neighbourhood branch. Long lease terms in place. Flagship being upgraded into a full recovery centre (red light, sauna, steam). 100% owned by a single owner via a Thai Private Limited Company. Interest-bearing loans of ~THB 5M outstanding (from the flagship buildout). Now seeking a strategic partner/investor to take a minority stake - founder continues to lead. Debt to be reduced with sale proceeds + the new capital.