Listing ID: 80220
This Med Spa business for sale provides a comprehensive snapshot of your health with scans, VO2max testing, RMR analysis, at-home lab tests and more. This business offers high-quality, personalized insights about how to take control of your health, fitness, and longevity. They deliver immediate personalized insights about your body, fitness and metabolism using medical grade technology considered the gold standard by science. Its current owner came out of retirement to start up this state of the art Med Spa and now wants to go back to retirement.
They have a wide demographic of loyal customers, both male & female. This spa has excellent reviews. The facility is approximately 1,900 Square feet and is open only 5 days a week. Bring your own practice, if you have one in health & beauty industry. You can add a range of services including physical therapy, esthetic services, injectable, laser hair removal, Laser Lipo, Cool sculpting, laser resurfacing, chemical peel, skin tightening, Kybella, botox, fillers, spider/varicose veins, red light therapy, spray tanning, tattoo removal services, and many others.
There is enough space to accommodate additional services. They just built 2 additional rooms for such purpose. This profitable business is ready for a new owner to take it to the next level. Asking price includes estimated $120,000 in equipment and inventory.
If you are serious about getting into the booming health & beauty industry, here is your chance. Just complete the attached Confidentiality form & email it to Nick @nbb-web.com and we will provide you the name & address & other info for your consideration.
Feel free to reach out to me with any questions at 404-405-4069.
- Asking Price: $119,000
- Cash Flow: $61,000
- Gross Revenue: $205,000
- EBITDA: N/A
- FF&E: $112,000
- Inventory: $2,500
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,000
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Owner will provide adequate training to a new owner.
The venture was founded in 2018, making the business 4 years old.
The transaction shall not include inventory valued at $2,500*, which ins't included in the asking price.
The business has 2 employees and resides in a building with estimated square footage of 2,000 sq ft.
The building is leased by the company for $3,900 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell businesses. However, the true reason vs the one they tell you might be 2 absolutely different things. For instance, they might say "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might simply be reasons to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a variety of various other reasons. This is why it is really important that you not rely entirely on a vendor's word, but rather, use the seller's answer combined with your general due diligence. This will repaint a much more realistic image of the business's existing scenario.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses borrow money in order to cover things such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can imply that revenue margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or may lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in new customers? Many times, companies have repeat consumers, which develop the core of their daily revenues. Specific variables such as new competition sprouting up around the location, roadway construction, and personnel turnover can influence repeat clients and adversely affect future profits. One vital point to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the greater the opportunity to construct a returning client base. A last idea is the general location demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? How might the regional average household income effect future income prospects?