Hair Removal Med Spa

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

Financials


Asking Price Range:  $1.0M – $2.5M

Gross Revenues:  

$880,000

Cash Flow:  

$550,000

Cash Flow Type:  Sellers Discretionary Cash

Inventory:  $377,000

Seller Financing:  Yes

About The Business


Year Established:  2010

Number of Employees:  4 – 5

Relocatable:  No

Franchise:  No

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

Photos

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Hair Removal Med Spa Photo 1








Print Listing Id: 700251366
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Posted by: philco on