Established And Profitable Medspa In NW Houston

Business Overview:

REDUCED-Since opening its doors in 2016, this MedSpa has continuously grown revenues close to $300,000 with an SDE of almost $120,000. The spa was the first of its kind in the area, and the business continues to grow with its sales and service offerings. Even in 2020, the business had very good sales and an SDE that made for an incredible cash flow. The clientele range from 25-65 and include women who want top-tier aesthetic and medical aesthetic services, including hydrafacials, laser hair removal, body sculpting, laser treatments for veins and pigment and more.
Any new owner could become a retailer for any number of premium skincare and medical skincare brands. With five rooms, there is ample space to add at least 2-3 more commission-based laser technicians or estheticians or both! Also, opening on Sundays could add significantly to the revenue and SDE. The MedSpa sells packages that bring in predictable and consistent revenue, but there is also room to add a membership program.
The owner maintains high-end equipment, and any buyer could and should implement new techniques, products and equipment. The continued and rapid growth of the market and demand for injectables will support revenues climbing even higher. Currently, the spa does not offer these services, but bringing in an injector for fillers, botox, etc. could quickly double the annual sales. The MedSpa has a relationship with a supporting aesthetic physician ($1100/month), and he will likely continue in this capacity with the buyer.
As previously stated, the business opened in 2016 and has steadily grown year-over-year with the potential to add significant amounts of revenue by expanding hours and offering new/cutting edge services and products. A fire next door to the business had them shut down for two m0nths in 2021, so revenues and SDE would have been higher with 12 full months open. The most obvious way to add to the bottom line would be adding injectables. Women (and men!) want a business and a team they can trust when electing to spend their money on services like laser treatments and facial aesthetics.
The number one factor for revenue growth would be adding injectables like Botox, Dysport and a variety of fillers. The medspa already has a relationship with a MD who provides support, so it would be an easy transition to adding injectables with a nurse injector. This alone could double annual revenue. Also, a buyer could and should expand hours and consider opening on Sundays. Additionally, adding new services and adding another 2-4 technicians/estheticians could all be factors that push annual revenue significantly higher, which in turn, exponentially adds to the bottom line SDE. There is room for growth in retail sales as well.

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Reason for Selling:

Retirement

Additional Details:

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