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Skin Spa Business - Owner Absentee

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Hennepin Co., Minnesota |  Health and Medical  – Other Health and Medical |  Personal  – Other Personal Prod. and Services

Business Description

This business is a full-service, established medical spa located in the southwest metro area and has a location in a St Paul suburb. The business provides the latest in skin care treatments for laser hair removal, Botox, microdermabrasion, facials, and chemical peels. The business has been established since 2000. Owners are not involved in the day to day operations. If the business was an owner operator, cash flow would be $150,000

About the Business

Year Established:
12
Number of Employees:
10
Facilities:
The business operates out of two locations. The southwest metro location is 2,800 square feet, rent is $5138 a month and the St. Paul location is 1,299 square feet with the current rent $3,178 a month. This location was opened in September of 2012. The spa operates Monday-Thursday 7 am to 7 pm, Friday 7 am to 5 pm and Saturday 10 am to 3 pm.

About the Sale

Reason For Selling:
Retirement

Listing Info

BizQuest Listing ID:
1153666
Ad Detail Views:
374
Asking Price:
$800,000
Gross Revenue:
$731,703
Cash Flow:
$100,000
Inventory:
$20,000
included in asking price

FF&E:
$500,000
included in asking price

Real Estate:
 Not Disclosed

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.