Business Overview

Well established medical spa offering facials, skin care, body services, make-up, and lashes.

Located in a busy plaza in Boynton Beach.

Large customer database with a solid base of recurring treatment customers.

$25,000 of inventory and $50,000 of furniture fixtures and equpments are included with the sale.

Variety of products are being offered.

All licenses are in place.

50% seller financing available.

For more information, please submit NDA, and financial statement.

Financial

  • Asking Price: $620,000
  • Cash Flow: $401,777
  • Gross Revenue: $795,053
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $25,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Seller provides training for 2 weeks with no cost.

Purpose For Selling:

Personal/Family

Additional Info

The company was started in 2018, making the business 4 years old.
The transaction does include inventory valued at $25,000, which is included in the requested price.

The business has PT: 5 Mgr: 1 employees and is situated in a building with approx. square footage of 1,500 sq ft.
The property is leased by the company for $2,995 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell operating businesses. Nevertheless, the true factor vs the one they say to you might be 2 entirely different things. As an example, they may state "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in profits, or a variety of various other factors. This is why it is really crucial that you not depend absolutely on a seller's word, yet rather, use the vendor's answer together with your total due diligence. This will paint an extra realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses take out loans so as to cover points like inventory, payroll, accounts payable, etc. Remember that occasionally this can imply that earnings margins are too tight. Lots of organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be satisfied or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract new customers? Most times, companies have repeat customers, which form the core of their everyday revenues. Certain variables such as brand-new competition growing up around the location, roadway building and construction, and also personnel turnover can influence repeat consumers and also adversely influence future earnings. One important point to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the better the opportunity to construct a returning customer base. A final thought is the general area demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Exactly how might the local typical home income influence future income prospects?