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Medical Spa Business For Sale

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $500000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  4 - 5
Inventory  120000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Owners willing to stay on for up to 3 months to help train new owners on operations, and to ensure smooth transition.
Reason for Sale  Owners moving out of state.

Description  
This Medical Spa on the corner of Yonge and Eglinton in Toronto, Ontario is up for sale as owners are planning to move. The Medical Spa has been open for 4 years with increasing sales and profitability year over year, with very limited advertising. Great opportunity for the right person to continue to grow and expand the business. The Medical Spa offers such treatment as Laser Hair Removal, Chemical Peels, Silkpeel, Photofacials, Acne Treatments, Fraxel Skin Resurfacing, Botox, Fillers, and our own 3D and 4D Skin Rejuvenation treatment, Latisse, Eyelash Perming, as well as classic spa offerings such as waxing, manicures, pedicures, facials, etc. The Medical Spa has just gone a $120,000 renovation and just signed a 5 year lease with an optional 5 years. Rent is ONLY $2,600 per month including TMI and 1 parking spot. Rent is the lowest negotiated rent in the area. The Medical Spa has 5 rooms, reception area, office, and a spa area that can be converted to offices or rent rooms to RMTs or other medical professionals. The Medical Spa is 1,278 square feet in total. We are connected to the Eglinton Subway station for easy access, as well as to Yonge Eglinton Centre Mall. There are 24 condos high rises either currently being built, completed or near completion around the Medical Spa, which will be increasing the number of clients in the medical spa in the coming years. This is a turn key business with active clients, and you can begin working on the day of the purchase of the business. The owners are willing to stay on for up to 3 months in order to complete a smooth transition of the business to the new owner or owners. This would be an asset sale and would include all naming rights, Facebook page, Twitter page, website, all equipment and chattels. The equipment is valued at over $120,000. Asking price is $370,000 (firm asking price as it should be listed at $450,000). Call for details and to view medical spa: 647-309-0546


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