The Med Spa industry is very competitive. However, the business’ customer-focused reputation has created a client base that is traveling locally and 30 to 40 miles (with a few traveling from Austin, Oklahoma, Arkansas and Seattle). The client base of over 6,000 has grown constantly with an increasing rate. Typical demography is approximately 90 percent female/10 percent male and ages 25 to 60 years old. During the past year, the business has experienced a rapid increase in male clients as hair-less male bodies are becoming more fashionable. This represents a huge untapped market.
A new, energetic owner can significantly increase sales & profits in many ways including expanding services, adding locations and adding product lines (including weight loss, tatoo removal,injectables…).Price $1200000
Asking Price Range: $1.0M – $2.5M
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 2010
Number of Employees: 4 – 5
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will train buyer for 4 weeks included with the purchase price. Seller is willing to provide additional training at mutually agreeable fixed compensation to assist with general management functions for a finite period. Also, seller is willing to help buyer for expansion into one new location for mutually agreeable fixed compensation.
Reason For Selling: Other Business interests and possible relocation
Print Listing Id: 700251366