Two Locations. Weight Loss and Image Improvement

Elizabethton, TN (Carter County)

Two Locations. Weight Loss and Image Improvement
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Asking Price: Get Financing: $99,500

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $25,000

Inventory: $5,000*

Lease Rate: $1,800 /Month

Established: 2013

*not included in asking price.

Two Locations. Weight Loss and Image Improvement

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Business Description

Offered is an opportunity to step into a business that operates two weight loss clinics with established clientele. Owner needs to sell due to degenerative illness limiting ability to operate the business. Assets in place are at least equal to price being asked.

From Business reference Guide " This U.S. industry comprises establishments primarily engaged in providing non-medical services to assist clients in attaining or maintaing a desired weight. The sale of weight reduction products, such as food supplements, may be an integral component of the program. These services typically include individual or group counseling, menu and exercise planning, and weight body measurement monitoring."

Comes with recurring client visits and associated fee revenue. All essential components are in place and there are several immediate ideas that can be implemented to increase revenue.

Business has an established history. We are helping seller so that a good business is not lost due to health issues. Call now to find out more.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
12/31/2020
Employees:
1, FT, 1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in an attractively furnished leased space occupying 2,500 square feet. Space is well maintained with monthly rent being $1,800 per month. Landlord pays taxes, water and maintenance. Tenant responsible for electricity. High visibility and foot traffic enhance location's appeal.
Competition:
Average degree of competition. High margins on treatments and supplements sold.
Growth & Expansion:
Revenue can be enhanced by adding portion-controlled meal plans to current operation. Would require no additional staffing to implement. Promotion of tanning beds would also add to revenue.
Support & Training:
Will assist with transition and insure new owner is fully ready to manage on his/her own. Will be available for consultation post-sale.
Reason for Selling:
Critical health issue (degenerative).
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(from currently available funds)
 
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Ramon Sanchez-Vinas

Business Listed By:
Ramon Sanchez-Vinas

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