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- RE: Medical Spa, High End, Open 27 Hours A Week
- Contact: Matthew Wochele
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $247,000 | |
Net Profit: | $90,000 | |
Cash Flow: | $90,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 4 | |
BBN Listing #: | 938705 | |
Broker Reference #: | 20520241 |
Business Overview:
This med spa is located in an upscale area with a high end buildout. Their equipment value is in excess of $130,000. They were established in 2013. The spa is only open 27 hours per week. The owner established this med spa to have a business that would engage her time on a part time basis with something that she is passionate about.
Current revenue($247,000) and seller discretionary earnings($90,000) are based on a work week  of 27 hours which is half the time of other med spas are typically open. The owner does not perform services. There are two master cosmetologists and a laser Aesthetician, and an MD that comes in twice per month and a front desk person. The employees are paid hourly except for the MD. They have been with the spa for many years.
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Property Features and Assets:
The spa is 1,450 Square Feet. Beautiful build out fully equipped high end med spa.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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