MergerPlace

Established, Profitable Cool Sculpting

Iowa (Johnson)


  • Asking Price: $250,000
  • Gross Income: $376,387
  • Cash Flow: $11,994
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $80,000
  • Listing ID: #208792
  • Established: 2016
  • Employees: 2

Business Description

Own a business with increasing demand for services.
This is a rare opportunity to purchase an established, already profitable, well-located, absentee-owned Cool Sculpting Med Spa in a growing Eastern Iowa community. The business successively provides non-invasive body contouring treatment services with recurring revenue streams from cold-assisted lipolysis (breakdown of fat) of the submental area (neck and under chin), thigh, abdomen and flank/waistline.


Business Details

Primary Business Category: Services - Other Services
Location: Iowa
County: Johnson

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $250,000
Gross Revenue: $376,387
Cash Flow: $11,994
FF&E: $80,000
Seller Financing Available: Yes

Property Information

Facilities:

This established business is well-located within 1200 square feet of leased space in attractive retail area on high traffic street in growing and in a vibrant community. The nicely finished boutique is designed to create a pampering, spa environment.

Growth & expansion opportunities:

This business offers the world's #1 non-invasive fat reduction procedure. A new owner could add other Med Spa services or products for sale within the existing space. A successor located nearer the business could gain efficiencies to increase earnings or expand marketing to grow revenue.

Competition:

This is a relatively new service in the region with limited competition. There appear to be just four direct competitors within a seventy-five mile radius of the business, an area with estimated population in excess of 800,000 people.

Reason for selling:

Relocation of owner.

Support & Training:

Will train for 2 weeks @ no cost The US Food and Drug Administration (FDA) approved medical device and procedure involved with this business is owned by and used under the supervision of a medical professional licensed in the state of Iowa. Delivery of services is provided by technicians who have been specifically trained to provide these types of services. The seller invests minimal time on the business and does so from home. In addition to seller provided orientation, training and support, the primary supplier has great assistance with training at no additional cost. To take it to the next level, additional training is available through the supplier that may be helpful.

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Business Listed By:

Brain Brown

Murphy Business Brokers