Med Spa
Location: United States -> California -> Southern California – All Southern California -> Thousand Oaks
Industry: Health and Medical > Health Clubs and Spas
Businesses for sale Summary
This fully equipped Thousand Oaks Medical Spa is a turn-key, 3 day per week laser hair and spider vein removal operation, with a part time esthetician, and room rentals. This opportunity presents the full-time working owner who is an nurse, esthetician, massage therapist, etc. the unique opportunity to walk into a well equipped office that is already established and profitable, and further increase revenues simply by providing additional hours of coverage, adding additional service providers or extending their hours, and a marketing. The office provides all laser services, botox injections, microdermabrasion, facials, waxing, and massage and acupuncture via its renters. This facility is centrally located, however, its loyal client base allows it to be easily relocated shall an owner prefer a larger or smaller operation.
Asking Price $125,000.
The facility leases for $2,550 per month, with 3% annual increase on a lease whose option is currently under negotiations. The facility offers clients 4 treatment rooms, (3 with sinks), a large reception area, a records room and storage room, and an onsite rest room. All equipment, with a new cost of over $180,000 is fully paid for and is included in the sale.
New owners will likely seek to offer services more than 3 days/wk, and increase the amount of marketing and adverting to bolster sales. Additionally, the current owner has only had minimum receptionist staffing and does not answer calls when offsite resulting in a great deal of lost potential new business.
New owners may also seek to evaluate the addition services such as laser tattoo removal, collagen or restylane injections, invasive peals), pursue insurance oriented services, offer financing or modify the pricing strategy.
Depending on conditions of the sale, the Seller is willing to stay involved with the operation for up to a year at a mutually agreeable commission split or hourly rate. Owner also may consider financing 20%.
Financials
Asking Price Range: < $250K
Gross Revenues: $174,227
Cash Flow: $67,500
Cash Flow Type: Sellers Discretionary Cash
Inventory: $193,000
Seller Financing: No
About The Business
Year Established: 2005
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours per week.
Reason For Selling: Personal.
