Project Oase: Private sauna and wellness complex in Flanders
Financial data
Project Oase is a private sauna and wellness complex in Flanders with an extensive range of high-quality and uniquely designed sauna complexes, equipped with Finnish saunas, jacuzzis, heated swimming pools, and infrared cabins, among other things. The complex is open daily and focuses entirely on a private (B2C) customer base.
The company combines a stable, recurring revenue stream with strong profitability (average normalized EBITDA margin of 31.3%). Hygiene, service, and customer satisfaction are at the heart of its service offering.
Day-to-day operations are managed by the manager, supported by a permanent and reliable team of 10 employees, supplemented by a flexible pool of students and flexi-jobbers who are mainly deployed during weekends.
The transaction includes the acquisition of both the operating company and the asset management company, including the real estate that is currently privately owned by the manager but is of a professional nature.
The average normalized EBITDA of the operating company is EUR 400k.
Private sauna and wellness complex
- Location
- , , Antwerpen
- Legal form
- Company
- Number of employees
- 10
- Customer type
- B2C (Business to Consumer)
- Active since
- 2018
- Real estate included
- Yes
- Translated from
- Dutch
- Disclaimer
- Takeover market is not responsible for the content. Please check for accuracy and completeness.
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