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Medical Spa - Midtown

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1200000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  4 - 5
Inventory  250000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Will provide as necessary.
Reason for Sale  Seller is relocating.

Description  
ASKING PRICE: $900,000 This business has created an excellent name for itself as the premier medical spa in NYC. Unlike a traditional spa, this medical spa provides services such as: - Laser Hair Removal - Non-Surgical Body Slimming procedures - Tattoo Removal - Anti-Cellulite Treatment - Vein Treatment - Muscle Relaxers, Botox, and Dermal Fillers - Chemical Peels/Facials Some services are provided by New York State certified dermatologists. Equipment is brand new and state-of-the-art. This is one deal you will not want to let slip by! FFE: $ 250,000 (Included in Price) Inventory: $ 60,000 Year Established: 2008 Days & Hours of Operation: Mon-Sat Employees: 2 Full Time, 2 Part Time Absentee Owner: No Option: Landlord open to renegotiating lease for 10 years with a $4,000/month reduction in rent. Lease Security: $ 42,000 Monthly Rent: $ 14,000 Square Footage: 2,000 Facilities: Beautiful state of the art facility that has a luxurious penthouse feel, which provides a sense of privacy for patrons. Location is on a prime, busy street in Manhattan. Landlord open to renegotiating lease for 10 years with a $4,000/month reduction in rent, which will add another $48,000 to the bottom line.


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