Seller: Manhattan, NY
Business Type: Medical Spa
This spa is in one of the most vibrant parts of Manhattan. This Spa specializes in laser and aesthetician services! The spa’s facilities are state of the art along with a dynamic staff that is well versed in the most modern treatments, practices, and medicine. The staff is dedicated to learning the most up-to-date techniques. In business for 8 years and beautifully maintained. Its current owner is seeking other interests. They have a wide demographic of loyal customers, both male and female. This spa has excellent Yelp reviews. This is a great opportunity to own and operate an established, well-running medical spa. The facility is approximately 1,200 square feet. The seller occupies 600 square feet and the other 600 square feet are subleased to a non-competitive tenant. The tenant’s sublease expires in October 2022.
• Gross Revenue: ~$535,000
• EBITDA: $110,000
• FFI: $100,000 (Included in Price)
• Employees: 2 FT
• Monthly Rent: $6,200
• Security Deposit: $12,000
• Non-Owner Payroll: $25/hour
• Patient Database: ~5,000
• Open: 5 Days a Week
• Square Feet – 600
• Established: 2011
Seller will provide hands-on training to ensure a smooth transition.
The value of the additional equipment and inventory will be added to the purchase price.
Owner Qualifications: Esthetician License
Reason for Selling: Seller’s Commute is Long / Young Family
Financing Terms: Negotiable
