Laser Hair Removal Salon & Medical Spa

Nassau County, NY

Seller Financing Available
Laser Hair Removal Salon & Medical Spa

Asking Price:$299,000

Cash Flow:$147,000

Gross Revenue:$402,000

EBITDA:N/A

FF&E:$95,000

Inventory:$5,000

Established:2008

Laser Hair Removal Salon & Medical Spa

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Business Description

Profitable Laser Hair Removal Spa in Top Location

This successful laser hair removal spa operates in the hub of an affluent, vibrant and high traffic commercial district of Long Island. Business is very profitable and provides top notch service to their loyal customer base ever since commencing business 7 years ago. Spa has out grown 2 prior locations since expanding to their current location where they have been located for the past 4 years.

All treatments are provided by professional & licensed personnel including a medical doctor. Clients come from both near and far and are provided with high quality services with attention to detail using state of the art laser hair removal equipment. This Spa is the go to location for popular services some of which include laser hair removal, botox, facials, electrolysis, laser skin services and treatments of spider veins and facial vessels. This is a high volume location with 5 rooms and 4 techs and 1 medical doctor. The Spa has a database of over 2,700 clients and sets an average of 20-40 appointments per day using a web-based crm scheduling software.

This is an excellent opportunity for the owner of an existing laser hair removal salon, cosmetic practice or related appearance enhancement business seeking to expand into a new high in demand location.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is in a beautiful 2200 sq ft space with great visibility from drive-by traffic. The salon offers a spacious inviting reception area with fabulous treatment rooms; adequate lighting and relaxing a surround sound system and flat screen TV in treatment room. The salon has an additional underutilized treatment room which can be used as an additional service revenue station.
Competition:
This well known laser hair removal salon has built a solid reputation and provides exceptional customer service. The salon has a loyal database of repeat customers and also has a full time medical doctor on the premises.
Growth & Expansion:
Business has tremendous room for growth. New owner can provide cellulite reduction & Co2 treatment as an add'l revenue center, build upon retail sales of skin care products & rent rooms to professional providers of related services. Currently the business is closed on Saturday and Mondays and also closes early on Fridays. Simply opening more days and closing later will boast revenues and grow the business. This is a rapidly growing industry and based on data from the U.S. Bureau of Labor Statistics there will be a 25% growth between 2010 & 2020
Financing:
Available for Qualified Buyers
Support & Training:
Available
Reason for Selling:
Owner seeking alternate business interest

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Kyle Griffith, CBI

Business Listed By:
Kyle Griffith, CBI

New York Business Brokerage Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The New York Association of Business Brokers (NYABB).


Sponsoring Broker:
Tony Calvacca, CBI

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