FINANCE AND THE SPA

The spa director, in CONJUNCTION WITH THE FINANCE DIRECTOR MUST work hand in hand to create a format for accounting budgets and its projection

Spa director to Input all data into the above formatted budget projection

Finance director to review completed budget projection

ESTIMATED MAX REVENUE

Room by room

The logistical scheduling of the day to day operation will depend on local demand and seasonal requirements. The potential for the treatment revenues for the spa are, rooms working from 8 am till 10 pm. Each room will have different turn around times as dictated by its equipment available. Rooms where possible should be universally multi functional. This is taking into consideration specialist rooms such as Vichy shower, mud wrap rooms etc.

 

The following predictions are based on the following;

Calculated from information available

Based of full time marketing

Maximum usage of each room

 

First an individual study of each room. Below are examples of a room analysis,

  STANDARD MASSAGE ROOM

A base line cost must be established on which to build on. For this exercise and for convenience we will start with $100 to include the list below, this would also be governed by; market research and costs Inc return on investment percentage (R.O.I.)

 

Standard room massage table

A set time of.1 hour

1 therapist

30mm of massage oil

Standard refreshments

 

One hour treatment times, with a 15 minute turn round period.

The estimated average treatment cost will be $100 U.S.D

 

 

 

 

 

11 treatment appointments per room per day

MAXIMUM REVENUE FOR THIS ROOM PER DAY IS 1.100 USD

 

WET / MUD WRAP / SOAP BRUSH TREATMENT ROOMS

Other rooms will need more turn around time, and different materials. Start at your base price ($100), and then add the extra materials and time if any.

One hour treatment times, with a 30 minute turn round period.

The estimated average treatment cost will be $100 U.S.D plus extra materials say $15

 

 

 

 

 

 

 

 

 

 

Although we look at individual room analysis; it must be appreciated that the total revenue for the spa, is a multi interfacing working unit. Some rooms are necessary for the final experience, and can justifiably be of a lesser revenue generator, if the overall R.O.I on budget projection is achieved.

Recording of financial statistics

 

To emphasis the opening paragraph, this is a joint operation. The spa director, in CONJUNCTION WITH THE FINANCE DIRECTOR MUST work hand in hand to create a format for accounting budgets and its projection. Spa director to Input all data into the above formatted budget projection. Finance director to review completed budget projection

 

Factors to consider

 

Spa software

Spread sheets excel