Listing ID: 81229
This well-established wellness spa is located in a prime location and is very profitable! They offer mobile IV Therapy, Anti-Aging, Body & Facial Conturing, Fillers, Micro Needling and much more in a modern luxurious tranquil setting.
The business is required to have a medical director unless the buyer is a nurse practitioner or higher.
Wellness spas are one of the fastest growing industries and is expected to hit 6 trillion dollars by 2026. Rare opportunity to buy and already existing profitable business!
Call today for a confidential business summary. Financials available upon request. Jennifer Weinberg BHHS NV Properties 702-326-1055 firstname.lastname@example.org
- Asking Price: $899,000
- Cash Flow: $300,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $40,000
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,432
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Othe Business Interests
The venture was started in 2018, making the business 4 years old.
The sale does include inventory valued at $10,000, which is included in the suggested price.
The company has 6 employees and resides in a building with approx. square footage of 2,432 sq ft.
The real estate is leased by the business for $4,275 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell companies. Nevertheless, the real factor and the one they tell you might be 2 totally different things. For instance, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might just be reasons to attempt to hide the reality of altering demographics, increased competition, recent reduction in incomes, or an array of various other factors. This is why it is really vital that you not rely totally on a seller's word, however rather, use the vendor's solution combined with your overall due diligence. This will repaint an extra sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses take out loans with the purpose of covering items such as stock, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that revenue margins are too thin. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that need to be met or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location draw in brand-new clients? Most times, companies have repeat clients, which form the core of their everyday revenues. Particular factors such as brand-new competitors growing up around the location, roadway building, and staff turn over can impact repeat customers and adversely influence future earnings. One vital point to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the better the opportunity to build a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Exactly how might the local mean family earnings effect future revenue potential?