Business Overview

This attractive medical spa was recently set up with state-of-the-art equipment and services, and is waiting for the right owner to launch the business. Several non-invasive treatments are available: body contouring (processing fat cells by apoptosis or by photobiomodulation), muscle building, and medical aesthetics (HydraFacial, Microneedling with Radiofrequency). Great website, branding, and marketing materials are there to facilitate a fast start-up.

Current owner is available to help run the business or provide as-needed consulting. Very attractive lease in place through end of 2022 with options to extend through 2024.
Great location in busy downtown suburban area, located on first floor of office building that includes several complementary businesses. Free parking.

Financial

  • Asking Price: $99,500
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2021

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,065
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

Desire to be a practitioner instead of an owner

Additional Info

The company was founded in 2021, making the business 1 years old.

The building is leased by the company for $3,000 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell companies. Nevertheless, the genuine factor vs the one they tell you might be 2 absolutely different things. For instance, they might claim "I have too many other commitments" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might simply be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in incomes, or an array of various other factors. This is why it is extremely essential that you not depend entirely on a seller's word, but rather, make use of the seller's answer along with your total due diligence. This will repaint a much more realistic picture of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses finance loans with the purpose of covering items such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can indicate that revenue margins are too small. 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 likewise be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract new clients? Many times, companies have repeat customers, which form the core of their day-to-day earnings. Particular aspects such as new competition sprouting up around the location, road building, as well as staff turn over can affect repeat customers and adversely influence future profits. One vital thing to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Obviously, the more people that see the business often, the higher the opportunity to develop a returning consumer base. A final thought is the general location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? How might the local mean home income influence future earnings potential?