Medical Spa in Manhattan-Well Established

Price: $298,000

Location: Manhattan

Industry: Beauty and Personal Care

Listing ID: 162020

This spa is in one of the most vibrant parts of Manhattan. This Spa specializes in Botox, Fillers, Tattoo removal, Laser Hair removal treatments and more! This spas facilities are state of the art along with a dynamic staff that are well versed in the most modern treatments, practices and medicine. The staff is dedicated to learning the most up-to-date techniques. In business for 8 years, it is beautifully maintained. Its current owner is seeking other interest. They have a wide demographic of loyal customers, both male and female. This spa has excellent Yelp reviews. Buyer has an incredible opportunity to have a well running medical spa that has excellence in wellness. This is an excellent opportunity to own and operate a well-established medical spa. The facility is approximately 600 Square feet and is open 5 Days week- Tuesday – Friday 10am – 8pm Saturday -10am – 6pm Closed: Sunday and Monday

Listing Details

Gross Revenue: $430,000

EBITDA: $110,000

FFE: $100,000 (Included in Price)

Inventory: $10,000

Reason For Sale:

Seller's Commute is Long / Young Family

Training & Support:

Seller will provide training.

Operation

Year Established: 2011

Days & Hours of Operation: 5 Days week- Tuesday - Friday 10am - 8pm Saturday -10am - 6pm Closed: Sunday and Monday

Non-Owner Payroll: $25

Employees: 2

Location

Security on Lease: 12000

Monthly Rent: 6200

Square Footage: 600

Facilities Information:

Rent: $6200/Month
Security Deposit Amount: $12,000
Lease: Expires in 2027
5 Days week- Tuesday - Friday 10am - 8pm
Saturday -10am - 6pm
Closed: Sunday and Monday

Summary

Owner Qualifications:

Esthetician license.

Financing/Terms:

Negotiable