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Wellness Spa in Central Iowa for sale in Des Moines Metro, IA

Des Moines Metro, Iowa (IA)

Asking Price: Gross: Cash Flow:
$ 705,000 $ 1,108,691 $ 278,714

Furniture and Fixtures Value:
$ 320,000 (included in the asking price)

Business Summary:
This wellness spa in Central Iowa has seen impressive year over year growth, even through COVID! Overall, this industry is seeing huge growth each year, with a 14% increase expected through 2027. This has opened the doors to natural expansion for this Iowa-based company, which shows no signs of slowing down. They recently upgraded their main location in Ankeny from a 1,200 square foot location to a fully customized 2,600 square foot building. The second location in Newton is by appointment only currently but could be utilized more often as well. They have a small but mighty staff, with 5 employees on board, including the owner. There is an office manager/receptionist, a business manager, a registered nurse (RN), and an esthetician. The owner is a nurse practitioner and does some injections and treatments, but the RN on staff would be able to handle those clients as well. You do not need to be a licensed medical professional to own this company!Their services are varied and include facial injections, laser treatments, wellness counseling, hormone level testing & replacement therapy, medical consultations, acne treatments, and so much more! Because of the array of available treatments, the client base is widespread as well. The “average” client would be considered someone in their 30’s-40’s, but they see people of all ages, even teens for acne and hormone therapy.

 

   
Year Business was Established: 2008
   
Number of Employees: 5  
   
Facilities / Terms of Lease: 2,600 square feet (upgrade from 1,200), $4,860/month, which includes CAM – 5-year lease  
   
Potential Growth/Expansion: Pushing more into social media and advertising would be a huge step – most of the current clients are repeat or word of mouth referrals  
   
Owner willing to finance: 10% Seller Financing or Equity $75,000  
   
Owner willing to train: 3-6 months  
   
Reason for selling: Retirement planning, wants to slow down a bit and spend more time with grandkids out of state  
   
Seller Reference Number: SLF008
BusinessMart.com Listing Number: 275651
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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