Description
OFF-MARKET ‘Q3 2022
Growing Westside MedSpa Doing Cosmetic Procedures
West Los Angeles, CA (Los Angeles County)
Asking Price: $250,000
Cash Flow: $75,000
Gross Revenue: $220,900
FF&E: $125,000
Inventory: Included
Established: 2019
Employees: 2
Business Description
All Inclusive (Non-Surgical) Body and Facial Spa uses State-of-the-Art Treatment/Equipment and technologies to produce fabulous results for clients aged 30 to 70.
Despite being shut down by Covid a month after opening, the Seller started 2021 with a purpose – using Groupon to log more than 1,400 transactions, grow a database of more than 2,000 individuals, and brought in $220,800 in revenues.
Skip the high start-up cost of starting from scratch and buying all new equipment. This opportunity is turn-key (make money from day one) and includes two treatment beds, cavitation, lipo thermal, LED lighting, micro-needling, teeth whitening other specialized treatment machines along with towels, cleaning supplies, office supplies, and one computer.
NDA is required {SUBMIT BELOW} to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
The 1,000-square-foot, three-room space rents for a deal – $3,300.00 per month. Landlord is willing to offer the same terms to the Buyer for up to three years.
Competition:
There is plentiful competition but more and more people are looking for these types of procedures to look and feel better. Reputation, reviews, and results are important.
Growth & Expansion:
Extending office hours, bringing in talented people, and keeping up with the latest trends will keep clients coming in and coming back.
Financing:
TBD if the deal structure and terms are acceptable.
Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a buyer for a month as a consultant, or as negotiated.
Reason for Selling:
The belief someone with more experience with clients could see better results.