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Medical Spa - Midtown
Location: United States -> New York -> New York City Area -> New York City
Industry: Health and Medical > Health Clubs and Spas




Business Summary

ASKING PRICE: $900,000

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!

FFE: $ 250,000 (Included in Price)
Inventory: $ 60,000
Year Established: 2008
Days & Hours of Operation: Mon-Sat
Employees: 2 Full Time, 2 Part Time
Absentee Owner: No

Option: Landlord open to renegotiating lease for 10 years with a $4,000/month reduction in rent.
Lease Security: $ 42,000
Monthly Rent: $ 14,000
Square Footage: 2,000

Facilities:
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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,200,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will provide as necessary.
Reason For Selling:  Seller is relocating.

Photos

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Medical Spa - Midtown Photo 1




Print Listing Id: 700216624
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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