Listing ID: 80243
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: $128,000
- Cash Flow: $41,300
- Gross Revenue: $201,472
- EBITDA: N/A
- FF&E: $112,000
- Inventory: $2,000
- Inventory Included: Yes
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,900
- 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 established in 2018, making the business 4 years old.
The deal does include inventory valued at $2,000, which is included in the listing price.
The company has 2 employees and is located in a building with estimated square footage of 1,900 sq ft.
The property is leased by the business for $3,883 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell businesses. Nonetheless, the true reason and the one they say to you may be 2 completely different things. As an example, they might claim "I have a lot of other obligations" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might just be excuses to try to hide the reality of changing demographics, increased competition, current reduction in revenues, or a range of various other reasons. This is why it is very essential that you not depend entirely on a seller's word, however rather, utilize the vendor's solution in conjunction with your overall due diligence. This will repaint a more realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover items such as supplies, payroll, accounts payable, etc. Remember that occasionally this can suggest that earnings margins are too thin. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be fulfilled or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new clients? Most times, operating businesses have repeat consumers, which form the core of their daily revenues. Particular elements such as new competition growing up around the location, road construction, as well as staff turnover can affect repeat clients as well as adversely affect future incomes. One essential point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business regularly, the better the possibility to construct a returning consumer base. A final thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? How might the regional average home income effect future income prospects?