Attractively Priced Med Spa with Minimal Barriers to Entry

AUGUST 21, 2024

Beauty, comfort, and relaxation all in one place. After 8 successful years in business the owners of this established Medical Spa franchise are looking to transition their business to a new owner and pursue unrelated endeavors. Location, transition training, and seller financing combine to make this offering a wonderful opportunity for new and established business owners alike.

From brow & lash services to corrective treatments, facials, and hair removal, four well trained on staff estheticians facilitate a comfortable and professional environment for their clients. Whether a member or walk-in, everyone is treated with the utmost respect and care. Competitively priced packages, a la carte services, and product sales give prospective clients and customers plenty of options to find exactly what they are looking for.

Located in a lifestyle center of a popular West Michigan city; this business is neighbored by locally known and enjoyed anchor tenants. Ample parking and well-maintained facilities make this an attractive location for business owners and customers alike. A Buyer can assume the existing lease which has 1 year remaining on the term and includes an additional 5-year option.

The business has seen revenues averaging nearly $400,000 over the last three years allowing the sellers to pay employees, operating expenses, and themselves while still having money in the bank. An attractive price point of $175,000 is complemented by the sellers who are willing to carry a significant note along with ample transition training, eliminating the for heavy cash investments and bank financing.

The sellers envision an asset sale where they retain Cash and A/R while retiring all liabilities. For the price of $175,000 buyer receives the goodwill of the business, all fixed assets, $20,000 in cost basis salable inventory, transition training, and the support of the sellers along an established franchise.

Contact Ryan Johnson with Praxis Business Brokers today to learn more about this attractive opportunity (269-338-9809 or [email protected].)