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Highly Profitable Health & Beauty Business - Semi Absentee Owner!

Collin County, TX

Seller Financing Available
Highly Profitable Health & Beauty Business - Semi Absentee Owner!
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Asking Price: $235,000

Cash Flow: $145,953

Gross Revenue: $262,388

EBITDA: N/A

FF&E: $150,000

Inventory: $3,000

Rent: $1,350 /Month

Established: 2018

Highly Profitable Health & Beauty Business - Semi Absentee Owner!

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Business Description

Med Spa in Affluent North Dallas!!!

This is a highly profitable Med Spa located at a prime and affluent location in north Dallas. This business uses the world’s most advanced technology for non-surgical fat loss and skin tightening. This technology has been proven safe worldwide and it is absolutely pain-free. Clients can experience 2 to 3 inches of shapely reduction per area after removal of targeted fat and cellulite. No medical license is required to run this business.

Additionally, this business uses other advanced procedures to tone the body and tighten the skin.

The current owner started this business in August 2018 and only worked on a semi-absentee basis (12 hours/week) to answer client inquiries over the phone but due to critical illness of a family member needs to sell the business. The seller plans to focus 100% attention to the family.

Detailed Information

Location:
Collin County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,590
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a well-equipped and furnished business ready for a new owner. The present office is in a commercial building with monthly rent of $1350. Utilities (Water, Sewer, and Electric) are included in the rent.
Competition:
There are many body contouring businesses in the market but this business has a far superior technology. There is no real competition to its advanced methods and equipment. The main competing technology, Cool Sculpting, has so many draw backs (cost, pain, complications) that as soon as people are educated on it, then the choice is simple.
Growth & Expansion:
There are tremendous opportunities for growth and expansion. A new owner can easily add an injector to do fillers. Also, other face services such as peels, hydradermabrasion, needling, etc. can be added.
Financing:
$35,000 @ 8% for 2 years
Support & Training:
2 weeks
Reason for Selling:
Health & Family
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(from currently available funds)
 
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Saleem Marwat, MBA

Business Listed By:
Saleem Marwat

Transworld Business Advisors

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