Free Consultation 212-473-5000
Business Sales & Acquisitions

Medical Spa — Midtown NYC

Price: $900,000

Location: New York, New York

Industry: Health Care and Fitness

Listing ID: 00013

This business has created an excellent name for itself as the premier medical spa in NYC. Unlike a traditional spa, this medical spa provides services such as:

  • Laser Hair Removal
  • Non-Surgical Body Slimming procedures
  • Tattoo Removal
  • Anti-Cellulite Treatment
  • Vein Treatment
  • Muscle Relaxers, Botox, and Dermal Fillers
  • Chemical Peels/Facials

Some services are provided by New York State certified dermatologists. Equipment is brand new and state-of-the-art. This is one deal you will not want to let slip by!

Listing Details

Gross Revenue: $1,200,000

Cash Flow: $300,000

FFE: $250,000 (Included in Price)

Inventory: $60,000

Reason For Sale:

Seller is relocating.

Training & Support:

Will provide as necessary.

Operation

Year Established: 2008

Days & Hours of Operation: Mon-Sat

Employees: 2 Full Time, 2 Part Time

Location

Security on Lease: 42000

Lease Option: Landlord open to renegotiating lease for 10 years with a $4,000/month reduction in rent.

Monthly Rent: $ 14,000

Square Footage: 2000

Facilities Information:

Beautiful state of the art facility that has a luxurious penthouse feel, which provides a sense of privacy for patrons. Location is on a prime, busy street in Manhattan. Landlord open to renegotiating lease for 10 years with a $4,000/month reduction in rent, which will add another $48,000 to the bottom line.

Summary

Owner Qualifications:

A physician is employed at a cost of $120,000 a year enabling a physician/dermatologist owner to enjoy the additional income by performing those services themselves. A physician/dermatologist is not required to buy this business though. You just need to be a business oriented individual.