Profitable and Popular MediSpa with over $750K in Annual Sales

, Texas 3 views 0 favorites

Financial Highlights
Asking Price
$450,000
Revenue
$805,978
Business Description

TRANSWORLD BUSINESS ADVISORS OF HOUSTON.LISTING REF# 76931-655101 Since opening its doors in 2015, this medispa has thrived and saw revenues over $800,000 in 2021 with an SDE of almost $145,000. The spa was the first of its kind in the area, and the business continues to grow with its sales, services and stellar reputation. Even in 2020, the business had high sales and an SDE that was almost a 20% ROI. The clientele range from 25-65+ and include women who want top-tier aesthetic and medical aesthetic services, including facials/hydrafacials, laser hair removal, body sculpting, laser treatments for veins and pigment, massage, injectables and so much more. The medispa features such product lines as IS Clinical, Rhonda Allison and Revitalash. Any new owner could become a retailer for any number of premium skincare and medical skincare brands. With six fully-equipped rooms, there is ample space to add at least 1-2 more commission-based laser technicians or estheticians or both! Also, currently, the spa is only open until 2:00 PM on Saturdays, so extending Saturdays and opening Sundays could add significantly to the revenue and SDE. The medispa has reviews close to 5 stars on all outlets, and a loyal client database and several who take the membership option, which generates recurring revenue. The owner maintains state-of-the-art equipment and is always implementing new techniques, products and equipment. The continued and rapid growth of the injectables side of the business will support revenues climbing even higher. The medispa has a relationship with a supporting aesthetic physician ($1500/month), and she will continue in this capacity with the buyer. As previously stated, the business opened in 2015 and has steadily grown year-over-year with the potential to achieve sales over $1 million in 2022 and beyond (expanding hours and offering new/cutting edge services and products). Turnover has historically been very low, and clients are extremely loyal to the spa. On all platforms, reviews are 4.8 stars and above. With other fly-by-night med spas popping up around the city, this medispa maintains the highest standards of treatments, products, techniques and technicians/aestheticians. Women (and men!) want a business and a team they can trust when electing to spend their money on services like injectables, laser treatments and body sculpting. The number one factor for revenue growth would be expanding hours on Saturdays and opening on Sundays. Also, by adding medispa and spa members (two separate programs), the business could generate enough revenue to cover rent and other overhead expenses like utilities and insurance. Additionally, adding new services, the newest injectables and adding another 1-3 technicians/estheticians could all be factors that push annual revenue significantly higher, which in turn, exponentially adds to the bottom line SDE. There is room for growth in retail sales as well. Location: Fort Bend County, Texas Year Established: 2015 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 1,420 Rent: $3,995.00 Per Month Lease Expiration: 5/30/2025

Business Details
Industry:
Health Care & Fitness
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 2 weeks ago

Views: 3

Favorites: 0