Listing ID: 75085
A Med Spa that started as a small hair loss treatment facility and over the last 13 years has
established itself as a premier provider of many cosmetic treatments.This list includes Coolsculpting and
Velashape along with cool tone and all the fillers and Botox. Hair Loss, Stem Cell and Peptide Treatments added
and add a strong growth factor to the Business
This Med Spa / Health and Wellness Business first opened the door in Scottsdale in 2008. Steady growth since it’s opening is the norm.
- Asking Price: $1,800,000
- Cash Flow: $296,041
- Gross Revenue: $623,745
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
The company was started in 2008, making the business 14 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell companies. However, the real factor and the one they tell you may be 2 entirely different things. As an example, they may say "I have a lot of various obligations" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competition, current reduction in earnings, or an array of various other reasons. This is why it is extremely important that you not depend entirely on a seller's word, but rather, utilize the vendor's response combined with your general due diligence. This will repaint an extra realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies borrow money so as to cover items such as supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can imply that revenue margins are too tight. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that must be met or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract new clients? Most times, operating businesses have repeat consumers, which form the core of their everyday earnings. Particular factors such as brand-new competition growing up around the location, road building, and personnel turn over can impact repeat consumers as well as negatively affect future profits. One crucial point to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Obviously, the more people that see the business regularly, the greater the possibility to build a returning consumer base. A final idea is the basic area demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood typical family income effect future income prospects?