Long Standing, Profitable Medical Spa

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$650,000 $672,588

Services: Medical, Dental

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RE: Long Standing, Profitable Medical Spa Broker: Thomas Foster

Quick Facts

Asking Price: $650,000
Annual Revenue: $672,588
Net Profit: Not Disclosed
Cash Flow: $168,294
Total Debt: Not Disclosed
FF&E: $426,801
Real Estate: Not Disclosed
Year Established: 2010
Employees: 6
BBN Listing #: 3204955
Broker Reference #: 6001-14435

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Business Overview:

This business is the leading med spa for aesthetic/cosmetic and medical treatments in the western suburban areas of Houston, Texas. Patients from Houston, Sugar Land, Fulshear, Richmond and Cy-Fair visit here for medical and cosmetic services. Their professional staff specializes in transforming the lives of patients through aesthetic enhancements and health and wellness options. There is a registered nurse on staff to perform botox injections.
Revenue has declined since 2016, because a doctor has not be active in performing more highly skilled medical practices such as liposuction, vampire facelifts and vaginal rejuvenations. The current owner is semi absent and not medically licensed. However, a doctor as an owner, would be able to restart these services quickly and drive substantial revenue increases.
The current owner has made several changes since September of 2018, that have positively impacted revenue such as upgrading to a new website, expanding the social media platform for the business and adding two events per month at the business that have been sold out and produced increased monthly revenue. Annual revenue projections for 2019, based on these factors is projected between $750k and $800k.

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Property Features and Assets:

A 2,000 square foot lease space in a retail strip center. Business is currently in the second year of a five year lease paying $4,700 per month in rent. A full equipment list will be provided in due diligence, but some of the key equipment in this business would be: Zeltiq Cool Sculpting Machine Breeze Zeltiq Cool Sculpting Mini Hand Piece Breeze Cadela Gentle Max Pro Laser System Gentle Max Pro Viora Skin Tightening Machine Reaction HydraFacial Machine 70143 Lumenis Acne Machine Clear Light Acne System The balance of assets include massage tables, chairs, lamps, blood pressure machines, towel warmers, etc. This is a fully staffed spa operations with assets totaling over $425,000.

Market Competition and Expansion:

There are 14 other "so called" med spas in their immediate location area. However, only 2 of the 14 med spas offer the full compliment of services that this spa offers involving Cool Sculpting, Laser, Facials, Microdermabrasions, Botox and Dermal Fillers, Viora skin tightening and HCG medically supervised weight loss. They are ranked number one in their sales territory for Allergan (Botox and Dermal Fillers). A broader approach to creative advertising and awareness techniques which are key to driving this business, Broader social media presence and offering additional services like vaginal rejuvenation, IV Therapy (The biggest trend in the spa industry now) and simply having intimate oversight of each decisions.

Reason for Selling:

Full-time job with another employer.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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