Listing ID: 82877
Niche, High Margin, Semi Absentee, Anti-Aging/Wellness Business
Full Scale Medical Spa! Absentee!
This is a Med Spa that offers the 5 core services: Injectables, Clinical Shincare Services, Laser Hair Removal, and Body Contouring.
Call Center in place! Minimal number of employees! Can be Fully absentee or Semi-Absentee!
We have a successful Membership Program that builds reoccurring revenue! Digital Marketing partner takes care of all things digital! The focus is to deliver a phenomenal customer experience!
No industry experience needed!
- Asking Price: $1,786,500
- Cash Flow: $1,232,000
- Gross Revenue: $5,693,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell businesses. However, the genuine reason vs the one they tell you might be 2 completely different things. For instance, they might state "I have a lot of other obligations" or "I am retiring". For many sellers, these factors are valid. But, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competition, current decrease in earnings, or a range of other factors. This is why it is really vital that you not count totally on a seller's word, however instead, make use of the seller's response combined with your overall due diligence. This will paint an extra practical image of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans so as to cover items such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that earnings margins are too tight. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new clients? Often times, operating businesses have repeat consumers, which create the core of their everyday profits. Certain factors such as new competitors growing up around the location, road building and construction, and also personnel turn over can influence repeat customers and also adversely affect future earnings. One crucial thing to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business often, the higher the possibility to develop a returning consumer base. A final thought is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the outskirts of town? How might the neighborhood mean house earnings influence future income potential?