|Established Wake County Licensed Medical Spa ( MedSpa )|
NCListing DetailsOffice ID: MEDSPA4
Status: Offer Received
Listing Broker: Jeff Snell, CM&AP, M&AMI, LCBI, ABI
Listing Price: $525,000
Gross Revenue: $469,600
Cash Flow: $173,701
Inventory Included: Yes
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: C Corp
Employees (part-time): 2
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
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: Oct 26, 2019 / 12:35 PM
Financial Information Current as of: Sep 25, 2019 / 6:21 PM