1

CHAPTER 1

EXECUTIVE SUMMARY

A. Name of the Firm

The proposed name of the business is SPAMAZING.

B. Location and Operating area

Spamazing will be established a “heavenly feeling” spa on a vacant space at barangay

Pedro Sa Baculio, El Salvador City beside LBC near McDonald’s.

C. Brief Description of the Project

1. History

The city of El Salvador is uprising, and it increase the number of population and

increased the number of people that seeks an escape from the stresses of urban living

and Spamazing will be the perfect spot where they can relax and recharge.

2. Nature of the Business

Spamazing establish itself as a desirable destination where clients can always "drop

by" to escape the stresses of life, and revitalize their energies and their spirits with

friends. It is a new healthy living day spa and will be providing a variety of services for

the purpose of improving health, and relaxation through personal care treatments such

as massages, body treatments like exfoliation.

Spamazing offers shiatsu massage, Swedish massage with a combination of hot

stone, Thai massage, hand and foot spa.

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3. Types of Organization

The proposed Spamazing will be in a form of partnership. All members are personally

liable of whatever debt the partnership will incur. Each partner will share equal capital

contribution and will share profits and losses resulting from operations equally as well.

Partners will be the one who will assume control over the operation of the business or

its management.

4. Officers of the Business and their Qualification

Manager

Cashier/Receptionist

Massage Therapist Massage Therapist Massage Therapist Massage Therapist

Fig.1 The Organizational Chart of SPAMAZING

Spamazing will be managed one of the partners and through evaluation and votation

of all partners. And the chosen partners have the ability and knowledge or capable

enough to manage the Spa. And the rest of the partners also have a designated area;

receptionist and cashier. Management will hire four (4) full time licensed massage

therapist that will do the services and massage. One (1) maintenance that will maintain

the cleanliness of the SPA.

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JOB DESCRIPTION

1. SpaManaging partner – Spa mangers are responsible for the day-to-

day operations. They manage a spa's finances, employees and services. they Inform

staff of job responsibilities, performance expectations, client service standards.

2. Spa Cashier/ Receptionist - responsible to ensure that prices are

quantities are correct and collect payments. They also assist customers by explaining

or recommending items, answering questions, and processing exchanges or refunds

and, they are responsible for answering the telephone, transferring calls, taking

accurate messages, greeting customers, cashiering, giving tours of the spa facility and

scheduling appointments.

3. Massage therapists- responsible to treat clients by using touch to

manipulate the muscles and other soft tissues of the body. With their touch, therapists

relieve pain, help heal injuries, improve circulation, relieve stress, increase relaxation,

and aid in the general wellness of clients. They are the one can specialize in many

different types of massage or modalities like Swedish massage, deep-tissue massage,

and shiatsu massage. Most massage therapists specialize in several modalities, which

require different techniques.

4. Maintenance – responsible for repairs and cleaning. They will be the

one to perform for applying basic fixes to equipment and building systems and ensure

facilities are tidy and functional.

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Job Qualification

Massage Therapist

• Current and valid license for massage therapy

• 4+ years’ experience as a professional massage therapist

• Experience working in a spa or therapy center environment preferred

• Excellent customer service and sales skills

Maintenance,

• Focusing on the needs and care of spa

• Does all around chores

• Must be honest and hardworking

• Must be free from any illegal issues

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CHAPTER 2

Marketing Aspects

A. Market Description

This study conducted to get information if it is feasible to establish a spa since it is the

second spa in El Salvador City.

As we conduct research we ask several customers from the Charms Thai Spa and

almost of their customers are teachers and Government employees.

SPAmazing primary target are the male and female teachers, employees of the city

hall, business men and women, and factory workers whom from afar and within the

city. Since this people are very stressful, tired of their work that needs to relax and

pamper their selves. Aside from that, they can afford to pay the services.

SPAmazing aims to ensure the clients comfort and satisfaction and to run profitable

business by providing them enough service what their body craves for.

B. Demand

The table below shows the total population of the teachers in El Salvador City as of
December 2018 is obtained and used as basis for demand.
Table1. shows the total population of Junior and Senior High school public and
private teachers.

High School, Junior High and Senior High School

Public Schools No. of Teachers
Cogon JHS 39
El Salvador NHS 18
Himaya NHS 6
El Salvador City NHS 18
San Francisco De Asis NHS 8
Molugan NHS 57
Sinaloc NHS 5
Sambulawan NHS 3
Total 154
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Elementary School
Public Schools No. of Teachers
Amoros 21
Bolisong 10
Cogon 17
El Salvador 48
Himaya 10
Hinigdaan 11
Kalabaylabay 11
Quibonbon 9
Molugan 36
Pedro sa Baculio 18
San Francisco De Asis 13
Sinaloc 15
Sambulawan 11
Ulaliman 11
Total 259

Private and Colleges

Schools No. of Teachers

Miraculous Medal Academy 15

Saint Joseph Academy 29

Stellulae 13

The New El Salvador Colleges 20

City College of El Salvador 30

Total 107
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Table 2 shows the total government employees in El Salvador City.

Employees Male Female

Permanent 244 266

Co-Term 6 4

Elective 18 10
Job Order 660 560

Total 928 840 1,768

C. Supply

As of today, there’s only one (1) spa located here in El Salvador City. However,

Charms traditional spa massage is not enough to accommodate and sustained the

increasing number of people who’s in need of relaxation and wants to unwind.

Below is the spa that can accommodate people in El Salvador City.

Name of Spa No. Of Clients Per Day

Charms Traditional Thai Spa Massage 10

Analysis of Demand and Supply

Projected Demand Projected Excess of Spamazing % at full

Supply Demand at Full Occupancy to
over Occupancy Demand
supply

2,388 15 2,373 15 15%

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D. Competitive Description

Competition is an important factor to consider before entering a business. Spamazing

has one (1) competitor nearby which is the Charms Thai Massage. It is a traditional

Thai massage that offers several services and it includes Swedish massage, and

shiatsu massage with the combination of hot stone massage.

Spamazing competitive edge which is to provides a unique competitive advantage to

the market, found through our massage therapists’ professional experience, and our

determination to help our clients experience a healthier lifestyle the Spamazing way.

Our massage therapists are dedicated to relieving our clients from pain and have

training in various advanced techniques that we incorporate into our services, such as

Swedish Massage, Deep Tissue Massage, Hot Stone Massage and Thai Massage.

And, from the moment a client steps into our spa, we want them to be instantly feel the

perfect environment to pamper and relax and let them come back for more time and

time again.

E. Marketing Strategy

Spamazing rely on referrals, word-of-mouth and customer loyalty. There are also

posters in the commercial complex featuring the various services that the spa offers

through tasteful pictures. And giving fliers, making blogs or Facebook page on the

internet.
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F. Projected Sales

G. Contribution to the Philippine Economy

Spamazing is required to pay taxes to the Bureau of Internal Revenue (BIR), as well

as local taxes and other regulatory fees. The payments that will be made will be a

contribution to the government and its necessary expenditures.

The following requirements should be taken into consideration:

 Registration with the office of the SEC as to form partnership.

 Registration of Business Permits from the City Mayor’s Office.

 Business Clearance from the place where the business is to be located.

 Health and sanitary permit from the City Health Office.

 Cedula

 Fire safety certificate

 Paid licenses and fees

 SSS and PHILHEALTH clearance.

The total payment is estimated is 10,000.

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CHAPTER 3

Technical Aspect

A. PRODUCT DESCRIPTION

Spamazing will be established to provide therapeutic massage services, body treatments and

services will be provided by licensed therapists.

Spamazing will offer 6 kinds of massages to its consumers.

• Swedish Massage- is a popular kind of massage which uses medium pressure

in relieving tension.

• Shiatsu Massage- is a Japanese healing massage which literally means that

the thumb pressure is used to relieve tension and improve blood circulation. This massage is

for people who are looking for the ultimate rejuvenating and stress-relieving massage.

• Deep Tissue Massage is a refreshing massage which is for the person who

wants more detailed attention to stress points.

• Volcanic Rock Massage (Hot Stone) - which involves massaging the body

with smooth, heated basalt river rocks and Swedish massage techniques.

• Traditional Thai Massage- which is an old Oriental technique that applies a

combination of stretching and pressure to different parts of the body while following an intrinsic

flow and energy balance theory of health and healing. It increases flexibility and relieves

tension. This is also a good maintenance massage.

• Aromatherapy massage- which will use pure essential oils of Origins

combined with a unique massage which aims to increase circulation and relieve the body with

tension through the senses of smell and touch. The oils are chosen to match the client’s needs.
 11

Spamazing will be located at barangay Pedro Sa Baculio, El Salvador City. This location is

along the highway, so it is very suitable for the customers and convenient to go because it is

just meters away from McDonald’s. Spamazing will rent one (1) unit of commercial buildings

that cost ₱12,000 per month. The space will be renovated and the estimated cost will be ₱

189,935.51.

This is the map:

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B .Building and Facilities

Spamazing will rent one (1) commercial unit. And it will be divided into 2The front

space will be the receiving and waiting area. And the other room are massage area

that have a comfort room.

The proposed rent space building of spamazing.

EXISTING FEATURE DESCRIPTION

Receiving Area and It will be composed of the reception

desk, cash register, one (1) sofa, one (1)
television, one (1) aircon, and two (2)
Waiting Area
tables.

This room is where the customer will

enjoy their massage, there are five (5)
beds, curtains every side of the beds,
Massage Area and It will have comfort room that has a
bath tub and shower fire exit.
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SPAmazing proposed design feature.

C. Utilities

The rent space is complete with all the utilities needed by the customer. Moresco-1 will

provide the electricity and the water supply of the building will be provided by the El

Salvador Waterworks System.

D. Services

The proposed project will provide a variety of services for the purpose of treatment of body

stress or pain. A massage therapy improves the blood circulation in our body which is

extremely important for our health.

Spamazing will open at 3.00 o’clock in the afternoon up to 12 o’clock midnight.

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E. Project Cost

1. Building

Description Cost Quantity Total

Rent ₱12,000/unit 1 ₱12,000/month
Total ₱12,000

Description Cost Quantity

Total

Receiving Area ₱ 5,626.70 1 ₱ 68,595.22

Massage Room ₱ 15,098.00 1 ₱ 32,346.00
Comfort Room ₱ 3,842.79 1 ₱ 3,842.79
Utility Area and Storage Room ₱ 6,200.00 1 ₱ 13,800.00

Others ₱ 52,529.00 1 ₱ 47,879.00

Total ₱ 133,897.49 ₱ 166,463.01
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16
 17

Chapter 4

Financial Aspects

A. Total Project Cost

Rent ₱ 12,000/month

Renovation ₱ 166,463.01

Pre-Operating Cost

Advertising ₱ 3,000/ Year

Licenses ₱ 10,000

B. Fund Sourcing

The proposed Project shall be financed through capital investments of the partners. All

the funds needed to start the business will mainly come from their own savings. The

four partners will initially invest ₱ 200,000.00 each for a total of ₱ 800,000.00.

C. Basic Assumptions

1. SPAmazing can accommodate 5,400 clients a year and there will be increase of

1,800 clients per year.

2. The depreciable life of facilities and equipment is 10% every year.

3. Each client will pay ₱ 300.00 per services in 1 ½ hour.

4. The space will be rented out for ₱ 12,000 a month with an increase of 5% every

year.
 18

SPAmazing
Comparative Statement of Cash Flows
For the Year Ended Year 1 to Year 5

Cash Inflows 2020 2021 2022 2023 2024

Cash beginning ₱1,111,856.00 ₱1,752,346.40 ₱2,715,975.00 ₱4,050,555.11

Partners Contributions ₱800,000.00

Sales 1,620,000.00 2,160,000.00 2,700,000.00 3,240,000.00 3,780,000.00

Total Cash Inflows 2,420,000.00 3,271,856.00 4,452,346.40 5,955,975.00 7,830,555.11

Less:
Cash Outflows

Supplies 120,000.00 126,000.00 132,300.00 138,915.00 145,860.75

licenses 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06

Rent 144,000.00 151,200.00 158,768.00 116,698.00 122,532.90

Salaries 864,000.00 907,200.00 952,560.00 1,000,188.00 1,050,197.40

Utilities 96,000.00 100,800.00 105,840.00 111,132.00 116,688.60

Income Tax 74,144.00 223,809.00 375,878.40 526,910.64 693,654.00

Total Operating
Expenses 1,308,144.00 1,519,509.60 1,736,371.40 1,905,419.89 2,141,088.71

Cash Balance, End 1,111,856.00 1,752,346.40 2,715,975.00 4,050,555.11 5,689,466.40

 19

SPAmazing
Comparative Statement of Financial Position
For the Year Ended Dec. 2019

ASSETS 2020 2021 2022 2023 2024

Current Assets
₱ ₱ ₱ ₱ ₱
Cash 1,111,856.00 1,752,346.40 2,715,975.00 4,050,555.11 5,689,466.40

Prepaid Rent 144,000.00 151,200.00 158,768.00 166,698.00 175,032.90

Total Current
Assets 1,255,856.00 1,903,546.40 2,874,743.00 4,217,253.11 5,864,499.30
Non-Current Assets
Furniture &
Fixtures 39,895.22 39,895.22 39,895.22 39,895.22 39,895.22
Facilities &
Equipment 79,962.76 71,966.48 63,970.20 55,973.92 47,977.64

Total NC/A 119,857.98 111,861.70 103,865.42 95,869.14 87,872.86

TOTAL ASSETS 1,375,713.98 2,015,408.10 2,978,608.42 4,313,122.25 5,952,372.16

Liabilities &
Owner's Equity
Liabilities

Unearned Revenue 319,377.98 374,101.70 429,185.42 534,639.14 590,509.05

Total Liability 319,377.98 374,101.70 429,185.42 534,639.14 590,509.05

EQUITY
Partner's ₱ ₱ ₱ ₱ ₱
Contribution 800,000.00 1,056,336.00 1,641,306.40 2,549,423.00 3,778,483.11

₱
Add: Net Income 256,336.00 584,970.40 908,116.60 1,229,060.11 1,583,380.00

Total Equity: 1,056,336.00 1,641,306.40 2,549,423.00 3,778,483.11 5,361,863.11

Total
Liabilities ₱ ₱ ₱ ₱ ₱
and Equity 1,375,713.98 2,015,408.10 2,978,608.42 4,313,122.25 5,952,372.16
 20
SPAmazing
Comparative Income statement
For the Year Ended Dec. 2019
2020 2021 2022 2023 2024
Revenue:
₱ ₱ ₱ ₱ ₱
Gross Sales 1,620,000.00 2,160,000.00 2,700,000.00 3,240,000.00 3,780,000.00

Total Revenues 1,620,000.00 2,160,000.00 2,700,000.00 3,240,000.00 3,780,000.00

vatable 1,446,428.57 1,928,571.43 2,410,714.29 2,892,857.14 3,375,000.00

Expenses:

Supplies 120,000.00 126,000.00 132,300.00 138,915.00 145,860.75

Salaries 864,000.00 907,200.00 952,560.00 1,000,188.00 1,050,197.40

Licenses 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06

Rent Expense 144,000.00 151,200.00 158,760.00 116,698.00 122,532.90

Utilities 96,000.00 100,800.00 105,840.00 111,132.00 116,688.60

Advertising
Expense 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Pag-Ibig, Sss,
Philhealth 47,520.00 47,520.00 47,520.00 47,520.00 47,520.00
Contribution:

Maintenance 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00

₱ ₱ ₱ ₱ ₱
Total Expense 1,289,520.00 1,351,220.00 1,416,005.00 1,434,029.25 1,502,954.71

Income Before Tax 330,480.00 808,780.00 1,283,995.00 1,755,970.75 2,277,045.29

Less TAX expense (74,144.00) (223,809.60) (375,878.40) (526,910.64) (693,654.49)

₱ ₱ ₱ ₱ ₱
Net income 256,336.00 584,970.40 908,116.60 1,229,060.11 1,583,390.80
 21

Chapter 5

Socio-Economic Aspects

SPAmazing can benefit the masseur the amount of salary with favorable

benefits that can help improve their standard of living.

The government also can benefit from the Spamazing because it will fulfill its obligation

by paying taxes promptly and accurately. Also, in times of calamities if the SPAmazing

have enough funds they willing to help and share by giving donations.

SPAmazing can help more to the people who stress from work.

Employees appreciate the feeling of being cared for and valued. This kind of morale

boost can improve workplace productivity and may prompt employees to give extra

effort to everyday tasks. Perhaps one of the most well-

known benefits of massage therapy is stress reduction and muscle

relaxation. Massage can help relieve employee anxiety, which can

improve employee focus, impact employee wellness and may even

improve employee retention.

Massage is generally considered part of complementary and integrative

medicine. It's increasingly being offered along with standard treatment for a wide range

of medical conditions and situations.

Studies of the benefits of massage demonstrate that it is an effective

treatment for reducing stress, pain and muscle tension.

While more research is needed to confirm the benefits of massage, some studies have

found massage may also be helpful for:

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 Anxiety

 Digestive disorders

 Fibromyalgia

 Headaches

 Insomnia related to stress

 Soft tissue strains or injuries

 Sports injuries

 Temporomandibular joint pain

Beyond the benefits for specific conditions or diseases, some people enjoy massage

because it often produces feelings of caring, comfort and connection.

Despite its benefits, massage isn't meant as a replacement for regular medical care.
 23

APPENDICES
 24

APPENDIX- A

CURRICULUM VITAE

NAME: Daniel M. Manayaga

AGE: 21

DATE OF BIRTH: July 18, 1998

EMAIL ADDRESS: DanielManayaga@yahoo.com

CONTACT NO.: 09067984007

NAME OF FATHER: Danilo S. Manayaga

OCCUPATION: Carpenter

MOTHER: Desie M. Manayaga

OCCUPATION: Housewife

SCHOOL ATTENDED

ELEMENTARY: Quibonbon Elem. School

SY: 2010-2011

SECONDARY: Cogon National High School

SY: 2014-2015

COLLEGE: The New El Salvador Colleges

SY:2019-2020
 25

CURRICULUM VITAE

NAME: Reynaline Jubahib Alquizar

AGE: 27

DATE OF BIRTH October 16, 1992

EMAIL ADDRESS reynalquizar@yahoo.com

CONTACT NO.: 09650553507

NAME OF FATHER: Reynaldo Laguitao Alquizar

OCCUPATION: Company Driver

MOTHER: Evangeline Jubahib Alquizar

OCCUPATION: Housewife

SCHOOL ATTENDED

ELEMENTARY: Molugan Elemnetary School

SY: 2004- 2005

SECONDARY: Alubijid National High School

SY: 2009- 2010

COLLEGE: The New El Salvador Colleges

SY:2019-2020
 26

CURRICULUM VITAE

NAME: Reeven John T. Sapalaran

AGE: 21

DATE OF BIRTH June 25, 1998

EMAIL ADDRESS reevenjohn@icloud.com

CONTACT NO.: 09153351952

NAME OF FATHER: Wilsie T. Sapalaran

OCCUPATION: Private Employee

MOTHER: Meyven Marie T. Sapalaran

OCCUPATION: Business Women

SCHOOL ATTENDED

ELEMENTARY: Tubod Central Elementary School

SY: 2010- 2011

SECONDARY: Tubod National High School

SY: 2014- 2015

COLLEGE: The New El Salvador Colleges

SY:2019-2020
 27

CURRICULUM VITAE

NAME: Jessie Jampit Ending

AGE: 27

DATE OF BIRTH: July 18, 1992

EMAIL ADDRESS jessieending63@gmail.com

CONTACT NO.: 09350918648

NAME OF FATHER: Jomar S. Jampit

OCCUPATION: Farmer

SCHOOL ATTENDED

ELEMENTARY: Ulaliman Elementary School

SY: 2003- 2004

SECONDARY: Saint Joseph Academy

SY: 2009- 2010

COLLEGE: The New El Salvador Colleges

SY:2019-2020
 28

APPENDIX B
 29

APPENDIX- C

PARTNERSHIP AGREEMENT

This PARTNERSHIP AGREEMENT is made on the 13 day of December 20_19_

between

REYNALINE J. ALQUIZAR, whose address is MOLUGAN El SALVADOR CITY,

JESSIE J. ENDING, whose address is ULALIMAN, EL SALVADOR CITY,

DANIEL M. MANAYAGA whose address is QUIBONBON El SALVADOR CITY, and

REEVEN JOHN T. SAPALARAN whose address is LAGUINDINGAN MISAMIS

ORIENTAL.

NAME AND BUSINESS.

The parties hereby form a partnership under the name of SPAMAZING FULL BODY

MASSAGE SERVICE to conduct the business of SPA MASSAGE SERVICE

BUSINESS

The principal office of the business shall be at

PEDRO SA BACULIO, EL SALVADOR CITY.

TERM.

The partnership shall begin on the 13 day of DECEMBER, 2019, and shall continue

until terminated as herein provided.

CAPITAL.

The capital of the partnership shall be contributed in cash by the partners as follows:

Reynaline: ₱ 200,000

Jessie: ₱ 200,000
 30

Daniel: ₱ 200, 000

Reeven John: ₱ 200, 000

For a total of ₱ 800,000 as the capital.

A separate capital account shall be maintained for each partner. Neither partner shall

withdraw any part of his capital account. Upon the demand of either partner, the capital

accounts of the partners shall be maintained at all times in the proportions in which the

partners share in the profits and losses of the partnership.

PROFIT AND LOSS.

The net profits of the partnership shall be divided equally between the partners and the

net losses shall be borne equally by them. A separate income account shall be

maintained for each partner. Partnership profits and losses shall be charged or credited

to the separate income account of each partner. If a partner has no credit balance in

his income account, losses shall be charged to his capital account.

SALARIES AND DRAWINGS.

Neither partner shall receive any salary for services rendered to the partnership. Each

partner may, from time to time, withdraw the credit balance in his income account.

INTEREST.

No interest shall be paid on the initial contributions to the capital of the partnership or

on any subsequent contributions of capital.

MANAGEMENT DUTIES AND RESTRICTIONS.

The partners shall have equal rights in the management of the partnership business,

and each partner shall devote his entire time to the conduct of the business. Without
 31

the consent of the other partner neither partner shall on behalf of the partnership

borrow or lend money, or make, deliver, or accept any commercial paper, or execute

any mortgage, security agreement, bond, or lease, or purchase or contract to

purchase, or sell or contract to sell any property for or of the partnership other than the

type of property bought and sold in the regular course of its business.

BANKING.

All funds of the partnership shall be deposited in its name in such checking account or

accounts as shall be designated by the partners. All withdrawals therefrom are to be

made upon checks signed by either partner.

BOOKS.

The partnership books shall be maintained at the principal office of the partnership,

and each partner shall at all times have access thereto. The books shall be kept on a

fiscal year basis, commencing at the beginning of every year and end of the year, and

shall be closed and balanced at the end of each fiscal year. An audit shall be made as

of the closing date.

VOLUNTARY TERMINATION.

The partnership may be dissolved at any time by agreement of the partners, in which

event the partners shall proceed with reasonable promptness to liquidate the business

of the partnership. The partnership name shall be sold with the other assets of the

business. The assets of the partnership business shall be used and distributed in the

following order:
 32

(a) to pay or provide for the payment of all partnership liabilities and liquidating

expenses and obligations;

(b) to equalize the income accounts of the partners;

(c) to discharge the balance of the income accounts of the partners;

(d) to equalize the capital accounts of the partners; and

(e) to discharge the balance of the capital accounts of the partners.

DEATH.

Upon the death of either partner, the surviving partner shall have the right either to

purchase the interest of the decedent in the partnership or to terminate and liquidate

the partnership business. If the surviving partner elects to purchase the decedent's

interest, he shall serve notice in writing of such election, within three months after the

death of the decedent, upon the executor or administrator of the decedent, or, if at the

time of such election no legal representative has been appointed, upon any one of the

known legal heirs of the decedent at the last-known address of such heir.

If the surviving partner elects to purchase the interest of the decedent in the

partnership, the purchase price shall be equal to the decedent's capital account as at

the date of his death plus the decedent's income account as at the end of the prior

fiscal year, increased by his share of partnership profits or decreased by his share of

partnership losses for the period from the beginning of the fiscal year in which his death

occurred until the end of the calendar month in which his death occurred, and

decreased by withdrawals charged to his income account during such period. No

allowance shall be made for goodwill, trade name, patents, or other intangible assets,
 33

except as those assets have been reflected on the partnership books immediately prior

to the decedent's death; but the survivor shall nevertheless be entitled to use the trade

name of the partnership.

Except as herein otherwise stated, the procedure as to liquidation and distribution of

the assets of the partnership business shall be the same as stated in the section

regarding VOLUNTARY TERMINATION.

ARBITRATION.

Any controversy or claim arising out of or relating to this Agreement, or the breach

hereof, shall be settled by arbitration in accordance with the rules, then obtaining, of

the American Arbitration Association, and judgment upon the award rendered may be

entered in any court having jurisdiction thereof.

In witness whereof the parties have signed this Agreement.

Atty. Jose L. Garcia

Executed this 13 day of December 2019.

_________________________ ________________________

Signature Signature

_________________________ _________________________

Signature Signature
 34

Documentation
35
 36

Zimtown 84" Portable Massage Table Set, Professional All-Inclusive Folding Massage

Bed, with 2 Bolster Pillows, Cradle Cover, Sheet, Hanger and Adjustable Headrest.

PIONEER Ductless Mini Split Inverter Heat Pump System. 12,000 BTU/h, 110-120V,

17.2 SEER
 37

Hot Spa Rock Basalt Stone Beauty Stones Massage Lava Natural

xunb 6 Quart Hot Massage Stone Heater Spa Salon Warmer Heating Device Volcanic

Energy Stone Heater

Polyte Premium Quick Dry Lint Free Microfiber Bath

Towel, 57 x 30 in
 38

Yaheetech Rolling Trolley Cart 3 Tier Facial Salon Spa Utility Cart

Set Aroma Massage Oil and other SPA Supplies

Zurn Z5635-BWL Floor Mounted, Back Outlet, Flush Valve Toilet

 39

SauderHomeplus Wardrobe/Storage Cabinet

AKDY 69" Acrylic White Finish Oval Freestanding SPA Bathtub W/Overflow

Serene Trieste 2 Drawer Bedside Cabinet

 40

REFERENCES

https://www.mayoclinic.org/healthy-lifestyle/stress-management

https://www.zanosalons.com/benefits-receiving-professional-massage

https://www.mindandbodysiouxcity.com/benefits-of-massage-therapy/

https://florida-academy.edu/benefits-of-massage-therapy-and-demand/

https://www.webmd.com/beauty/features/spas-the-risks-and-benefits

https://www.betterhealth.vic.gov.au/health/conditionsandtreatments/massage

https://www.mayoclinic.org/healthy-lifestyle/stress-management/in-
depth/massage/art-20045743