MergerPlace

Med Spa

Missouri


  • Asking Price: $115,000
  • Gross Income: $228,696
  • Cash Flow: $39,600
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $50,000
  • Listing ID: #201683
  • Established: 2006
  • Employees: 2 FT

Business Description

This unique medical spa is a small business that is primed for growth under new ownership. Excellent location and many repeat customers. The company has a great reputation for helping its clients and patients. There has always been an emphasis on personal touch and customer service. With the current offerings and additional services that could be offered this is a perfect opportunity for a new owner to come in and make an immediate impact on this company and turn it into their own.


Business Details

Primary Business Category: Services - Other Services
Location: Missouri

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT

Financial Information

Asking Price: $115,000
Gross Revenue: $228,696
Cash Flow: $39,600
FF&E: $50,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

The facility is approximately 1,500 square feet and also has a small outdoor area in the back that could be used as a sitting/relaxation area. The building itself is one in a line of separately owned buildings connecting to each other on a popular and busy street. The building is leased from a third party and is currently on a month to month lease. The landlord has indicated that they are open to selling the building but they are also willing to continue leasing to the business indefinitely. The business has been in its current location since 2015 and the space was totally redesigned and renovated for this operation. It is designed for efficiency of service and the comfort of the customers.

Growth & expansion opportunities:

There are various opportunities for growth in the business based on discussions with current ownership. There is an opportunity to extend the operating hours of the business which could add immediate top line revenue. The business is currently only open four days per week. There is an opportunity to sell many types of additional products for customers to take with them than what is currently being sold. There are many lines that a new owner could investigate and add to the offering. Additional services in treatment can always be added as well which would open up alternative treatments to current customers and bring in new customers. The company website could also be used to sell treatment products, something that is not currently being done.

Competition:

There are a couple of other businesses in the area that provide some similar services, but neither of them offers the array of services or the environment that is offered here. Neither of the competitors has the longevity or the reputation that this company has developed in its time in business of over 11 years. This type of business will only continue to grow and have more customers as people age and have issues with outdoor exposure.

Reason for selling:

Owner has other business interests and wants to work more in her husband's business which is also family owned.

Support & Training:

Will train for 2 weeks @ no cost. This business offers many services including Microdermabrasion Rejuvenation, Collagen Infusion Therapy, Body Composition services, Botox, Chemical Peels and many others. Depending on services offered the providers may be required to have specific licenses but the owner of the facility is not required to be licensed unless he or she is the one providing the service.

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Business Listed By:

David Hamm

Murphy Business Brokers