Medical Spa - Fantastic Rent
Location California,United States
Asking Price Range < $250K
Gross Revenues $252000
Net Profit / Cash Flow $64600
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 6 - 9
Inventory 10000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks / 20 hours.
Reason for Sale Personal.
Description This spacious 6 room Medical Spa, located in the San Gabriel Valley just east of Pasadena, presents an entrepreneurial buyer the opportunity to own a well-established Medi-spa location that is already profitable, modify as they see fit, and reap the benefits of this under performing operation. The medical spa, which offers facials, waxing, massage, Botox, restylane, and laser hair removal, has the requisite space, equipment and staffing to generate over $1 ml. in annual revenues. This opportunity is ideal for the working owner / service provider who already has a medical director, is a registered nurse, or is an esthetician or alternate type of service provider.
The spa has up to 8 employees and/or independent contractors, however, many only work 1-2 days per week, or sporadically.
This large 6 room, 2,000 square foot facility has excellent freeway access and street visibility. The facility leases for $3,600/mo., on a lease valid until 02/09 that may even decrease in cost! Each room is fully outfitted with a client beds/chair, plumbing, and the requisite equipment. All equipment, including the $65k laser hair removal machine, the micro-derma abrasion machines, etc. are fully paid for and will be included in the sale.
The Seller is a physician who spends 2 days per week at this location. He purchased the business in February 2006 with the expectation that the business was already doing significantly higher revenues, and achieving a substantially higher net profit - which was not the case. As such, he is selling the same business for $100,000 less than he paid for it! The spa does not offer permanent make-up (though they have the equipment), chemical peels, laser liposuction, room rentals, etc. The Seller's philosophy has been to take advantage of his medical position to offer high margin services, rather than create a high sales volume operation with a lower overall margin but more substantial profits.
Asking $120,000.
Click Here To Contact Seller
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