Printer



Sold

Well Established Northern California Medical Spa - SC2074


Sc2074

Well Established Northern California Medical Spa - SC2074

 

Financial Information

  • Asking Price: $349,000
  • Gross Revenue: $431,835
  • Cash Flow: $87,823
  • Down Payment: $279,200
  • FF&E (Included): $90,000
  • Inventory: N/A
  • Financing: Yes
 
Business Location
  • Yolo
  • Confidential
  • California
 
Primary Business Category:

This fully equipped aesthetic Northern California-based Medical Spa is a California Sub Chapter S Corporation and has been in operation for 22 years and under current ownership for the last 14 years. They are very well established and have a great reputation for providing a myriad of spa treatments and medical spa treatments. Treatments include facials, waxing, massage, and advanced clinical treatments such as laser hair removal, photo facials, Botox, and dermal fillers. Medical and Spa Grade Skin and Body enhancement products are used in treatment rooms and are also available for sale.

Competition Description

They are the only medical spa located in their town. There is competition for standard skin therapies and massage therapies, but no competition that offers a full complete medical spa experience. They have close connections with their clients, enabling them to provide personal services.

Growth / Expansion overview

This business has mostly repeat customers due to its longevity in operation. They complement medical services with massage and skin treatment services that are an incentive for their clients. Huge growth potential is possible by adding more medical days and additional services. They are the only medical spa in town. Through the years of operation, their long-term staff has made a close connection to clients, so the services are much more personal. They also offer a Massage/Facial membership club with many clients paying a monthly fee and are regulars at the spa. Great profits plus room to expand by extending hours and extending advertising campaigns. The owner is a part-time manager and is not a licensed massage therapist or aesthetician.

Support / Training Comments

The Seller is willing to train the new owner for up to 4 weeks at 20 hours per week. Seller is willing to provide additional training at mutually agreed-upon terms.

Financing Comments

Cash Free / Debt Free Asset Sale. Seller financing is available up to 20% of the purchase price at 6% interest over 4 years. The amount financed is dependent upon the purchase price and the quality of the Buyer.

Reason For Sale
Seller wants to retire. The owner is motivated to sell.
  • Home Based: No
    •  
  • Year Established: 2000
    •  
  • Franchise: No
    •  
  • Year Acquired: 2008
    •  
  • Willing to Train: Yes
    •  
  • Relocatable: Yes
    •  
  • Required Licences:
  • Is Property Leased: Yes
    •  
  • Real Estate Available: No
    •  
  • Real Estate Included: No
    •  
  • Real Estate Value: N/A
    •  
  • Real Estate Asking: N/A
    •  
  • Days Open: Tuesday - Saturday
    •  
  • Hours Open: 10am to 6pm
    •  
  • Fulltime Employees: 2
    •  
  • Part time Employees: 4
    •  
  • Is Management Staying: No
    •  
  • Distressed: No
    •  
  • Monthly Payroll: ON REQUEST
    •  
  • Building Size: 1500 sq ft
    •  
  • Monthly Rent: $2,800
    •  
  • Lease Expires: 12/31/2022
 
 Broker: ProEquity Asset Management Corporation License ID: 01870526


Listed By: Adriana Sargent

Background information

Reference:

SC2074

Year established:

2000

Reason selling:

Seller wants to retire. Owner is motivated to sell.

Operations

Employees:

Full-time Employees: 2 Part-time Employees: 4

Equipment:

Upon Request

Inventory:

N/A

Premises

Facility:

Building size: 1500 sq ft Is Property Leased: Yes Real Estate Available: No

Square footage:

1500 sq ft

Rent and lease terms:

Monthly Rent: $2,800 Lease Expires: 12/31/2022

Location:

Yolo, California

Opportunities

Growth:

Growth / Expansion overview This business has mostly repeat customers due to its longevity in operation. They complement medical services with massage and skin treatment services that are an incentive for their clients. Huge growth potential is possible by adding more medical days and additional services. They are the only medical spa in town. Through the years of operation, their long-term staff have made a close connection to clients, so the services are much more personal. They also offer a Massage/Facial membership club with many clients paying a monthly fee and are regulars at the spa. Great profits plus room to expand by extending hours and extending advertising campaigns. The owner is a part-time manager and is not a licensed massage therapist or aesthetician.

Market:

Competition Description They are the only medical spa located in their town. There is competition for standard skin therapies and massage therapies, but no competition that offers a full complete medical spa experience. They have close connections with their clients, enabling them to provide personal services.

Price and terms

Price:

$349,000

Down payment:

$279,200

Financing:

Financing: Yes Cash Free / Debt Free Asset Sale. Seller financing is available up to 20% of the purchase price at 6% interest over 4 years. The amount financed is dependent upon the purchase price and the quality of the Buyer.

Training:

The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Seller is willing to provide additional training at mutually agreed upon terms.