| Established Wake County Licensed Medical Spa ( MedSpa ) NCListing DetailsOffice ID: MEDSPA4 Status: Active Listing Broker: Jeff Snell, CM&AP, M&AMI, LCBI, ABI Listing Price: $525,000 Gross Revenue: $469,600 Cash Flow: $173,701 Inventory: $3,200 Inventory Included: Yes FF&E: $109,000 FF&E Included: Yes Sales Structure: Asset Sale Seller Financing: Yes Financing/Terms: Seller will participate in financing up to 10% if required by buyers lender/SBA.Reason for Sale: Owner is interested in relocating out of the area.Training: Seller will provide up to 80 hours of transition assistance included in the purchase price. Seller is willing to entertain offers to continue working with the practice post transaction.OperationsLast Acquired: 2014 Form of Ownership: Professional Corporation Employees (part-time): 2 Summary Business Description: This popular and established medical spa (Med Spa) provides a wide range of services and related product sales to both men and women. The practice specializes in Botox and dermal fillers, proprietary face and breast procedures, Bio-identical Hormone and HCG therapy, laser hair removal as well as treatments utilizing platelet rich plasma.Historical Summary: The practice was acquired in 2014 and has performed thousands of successful treatments for thousands of loyal clients.Owner Qualifications: Buyer must be a NC licensed doctor or employee an NC licensed doctor for regulatory compliance.Competition: There are no local competitors that provide the same range and scope of services.Potential Growth: Current owner works 20-30 hours per week. Increasing hours would allow for additional treatments and increased revenue. New owner may consider adding additional procedures and products.LocationType of Location: Strip Center Monthly Rent: $3,385 Square Footage: 2000 Facilities: This Med Spa is located in Wake County on a high traffic count thoroughfare. The leased facility is modern, clean and easily accessible with adequate lit parking. Last Updated: Feb 5, 2020 / 10:55 AM Financial Information Current as of: Sep 25, 2019 / 6:21 PM |
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