||Employees||7 full, 10 part
* Included in Asking Price
This esthetician-owned medical spa with 4 nurses on staff has expanded into two bays due to growing sales. The business caters primarily to women and provides esthetic and salon services such as colors and cuts, massage, styling, waxing, facials, resurfacing treatments and more. There are 17 employees including 6 stylists, 5 estheticians, 4 registered nurses, one full time and one part-time receptionist. Adding to the bottom line are three booth renters who each pay $400/month. Services make up a majority of the income with approximately 13% of revenue generated by the sale of products.
This med spa is located in a high-traffic shopping center in Northwest of Omaha. The seller, who currently maintains a few esthetic clients and oversees financials and the employee schedule, is willing to train an incoming owner for a period of 3-4 months and provide 15% financing. With over $168,638 of assets included in the purchase price, this is an excellent investment for a stylist, esthetician or simply someone who would like to own a business in the highly-profitable beauty industry.
2014 Sales Breakdown: $472,461
- Services: $361,930
- Products: $62,738
- Gift Certs: $5,266
- Booth Rental: $8,215
- Other: $34,312
Services Offered: Color and chemical services, haircuts, massage, laser hair removal, injectables (including Botox and Juvederm) styling, waxing, spa facials, resurfacing treatments, airbrush tanning, lash extensions, eyelash and brow tint, anti-aging eye and lip treatments, special occasion makeup
Growth Opportunities: Add opportunities for services including vein therapy, IPL photo facials and laser genesis facials
Current Owner’s Responsibilities: Owner maintains a few esthetic clients. She also oversees the financials and does the schedule
Assets Included in Purchase: $168,638
- Assets & Equipment: $148,838 in esthetic bed, electric facial bed, pregnancy massage table, hydraulic facial bed, microdermabrasion machine, manicure and pedicure tables and ($119,000 is for Cutera XEO Laser & two year Warranty)
- Inventory: $19,800 in skincare backbar, product retail, color inventory and lash inventory
Purchase Price: $226,000
- 10% Buyer Down Payment: $22,600
- 15% Seller Financing: $33,900
- 75% Bank Loan: $169,500
In the above Funding Example with a 10% buyer down payment of $22,600, a new owner of this business would have a Net Operating Income (NOI) of $57,966 after all expenses and loan payments. This is a Return on Investment of 256% over the initial down payment!
|Facilities:||Lease: $3,200/month for two bays|
|Growth Potential:||Add opportunities for services including vein therapy, IPL photo facials and laser genesis facials|
|Training/Support:||Seller Training Period: 3-4 Months|
|Sale Reason:||Growing Family|
Seller Reference #BEA011
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