Outdoor spas have huge appeal, but with our cooler and less predictable weather, can you be certain that you will get a good return on your investment? With careful planning and proper execution, we say yes. Read on to find out exactly what you’ll need to put in place before you start work on your outdoor spa.
Operational Budgeting
Develop a detailed operational budget covering ongoing starter costs such as staffing, utilities, and maintenance to ensure that your outdoor spa is financial sustainable. Next, do you have the budget for outdoor heating and plumbing, a decent sized pool and hot tubs, and professional cleaners who can visit daily? What about marketing – will you create your own app for appointments and scheduling? Could you advertise on YouTube or in widely distributed magazines or Facebook ads?
Landscaping and Design Expenses
Factor in costs related to landscaping and designing the outdoor spa area, ensuring it aligns with the overall theme and ambiance. Choose high quality furniture and well-landscaped gardens, because in a luxury spa, every single detail matters and your guests will expect perfection.
Insurance Coverage
Obtain comprehensive insurance coverage to protect the outdoor spa against potential liabilities, property damage, and unforeseen events. In terms of the most likely hazards that you should be insured against, slips and falls are a major concern, especially around the pool, as are medical issues that may arise, for example, from undeclared allergies or sensitivities to skincare products, skin damage from waxing, and damage to tools or furniture that may then need replacing. It’s important to specifically let your insurer know that you are operating an outdoor spa, as the types of liabilities you will require cover for may then differ.
Return on Investment (ROI) Analysis
Periodically assess the ROI of your outdoor spa, evaluating its financial performance against initial investment and adjusting strategies as needed. In the summer, could customer levels peak because of better weather, or dip because your customers are mostly holidaying abroad?
You should always have an indoor spa section too. Have alternative options and treatments available in your indoor spa. Which leads us on to…
Our British weather!
The main obstacle with outdoor spas in the UK is the weather itself – this is probably why most wellness retreats take place in famously hot countries, for the sun, or famously cold countries, for the hot springs! Unpredictable weather is not much tolerated when you’re trying to relax.
That’s why it’s so important to create back up plans for weather disruptions – the whole appeal of your outdoor spa can be temporarily dashed during rain, sleet, snow, or a cold snap. Therefore, look at installing a retractable roof and space heaters to help mitigate poorer weather conditions. Plus, have plans for when the weather will simply make your outdoor spa unusable and budget for those days when the outdoor spa will be closed.
Contact us
So how much does an outdoor spa cost? The sum of all of the above! If this seems like a large investment, it is – but it will definitely be worth it as your loyal customers return year on year for as long as you keep your outdoor spa open. Outdoor spas are rare in this country, so fill that gap in the market by going for it and you won’t regret it.
At Spa Creators, we can offer our expertise in interior design, electrical engineering, 3D modelling, business consultancy and much more to help you create an outdoor spa that will guarantee you a steady income stream for decades to come. Click here to fill out our enquiry form.
