Turn-Key Med Spa, Motivated Seller!

Business Summary:
Turn-Key Med Spa – Motivated Seller Business Summary: Priced well below market, this Med Spa has an outstanding location in a fast growing community. Revenues were up by over 20% in 2007. Located in an upscale regional shopping center on a major, high traffic count boulevard which is just off of a freeway exit – where LA, OC, Riverside & San Bernardino Counties meet. This Med Spa offers a wide variety of beauty services including hair removal, laser vein removal, skin tightening, laser skin resurfacing, Botox & Restylane/Juvaderm injections, medical facials & peels, Blue light acne treatment, Microdermabrasion and other corrective skin care treatments. Most procedures are performed by a Physician Assistant, Nurse Practioner or registered nurse who were trained and supervised by the Medical Director. Retail sales of skin care products average $4,500/month. Excellent web site for describing services, booking appointments and selling gift certificates. The Company provides a very nurturing environment which enables them to service affluent patients who are willing to pay more for high quality procedures by well trained attendants and medical staff. 40-50% of revenues come from repeat and referred patients. This is a luxurious, professional, confidential and private facility that is well suited for high-end clients. Owner put in over $250K for the build out and equipment – not counting over $200K of medical equipment leases which can be assumed at closing of escrow. Excellent MedSpa software is used for thorough accounting and customer tracking with a patient database of over 900 persons. Equipment includes the best and most advanced lasers available today for multiple services including laser hair removal, vein removal, IPL, skin resurfacing and skin tightening. The ideal buyer would be a professional (investor or doctor) who has the management, marketing and people skills to continue growing this successful business – and make a lot of money. General Information Year Established: 2005 Employees: One Physician’s Assistant/Spa Manager, one Medical Aesthetician, and a receptionist at a monthly payroll of $14,400 for salary + commissions. Facility: 1,400 square foot facility at a monthly cost of $5,400 (including triple nets and CAMS) expiring in January 2010 with a 5 year renewal option. Price Includes: Tenant Improvements and furniture, fixtures and equipment with a cost of $204,000 – not including laser leases that would be assumed by the buyer at closing. Product inventory of $5,000 not included. Support/Training: Physician seller will provide training. Reason Selling: Owner has accepted a medical position out of the area. Asking Price: $195,000 Gross Revenues: 602,500 Seller’s Discretionary Earnings: 188,800 For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com.