Asking Price: $850,000 Gross Revenue: $650,000Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $25,000 included in asking priceFF&E: $575,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Established in 2009, this highly reputable laser and aesthetic medical spa with strong brand name and over 3000 active loyal clients providing top notch five star rating medical, wellness, laser aesthetic services, cosmetic injectables, esthetician skin care services and age management medicine in a premium location in close proximity to some of the most affluent neighborhoods in the city. Voted Alabama's top Medical Spa for Galderma's injectable products and Birmingham's Best Medical Spa! Since approximately 50% of the revenue comes from injectables, this is a high margin business!
This is exceptionally a great opportunity and best suited for a medical professional who is looking to own his/her own profitable practice Without the headache and risk of starting practice from ground up and lots of cash requirement. This business can easily pay for it self and more without too much out of pocket for the right owner.
It will also be an excellent choice for a physician practicing in the neighboring cities looking to expand their services in Birmingham.
And finally for a non-medical professional who is a business savvy person and understands the nature of this type of business.
With an outstanding trend line, growing customer base and a sterling reputation, this practice is ready for a new energetic owner to leverage the existing strengths and take it to the next level! Seller is offering owner financing for the right individual and willing to stay on for up to six months to train and support the new owner and management for a successful transition. Excellent landlord offering great lease to the new owner with very favorable terms. The highly skilled service providers and staff are all willing to stay on and help the new owner with the business.
About the Business
Number of Employees:
Building Sq. Ft.:
$3,800.00 Per Month
Leased space of about 3000 sqft. Major assets: Palomar Starlux 500 base unit with 5 different hand held laser devices, Palomar Slimlipo, Microaire device, Kline device, Venus Freeze device, Zerona laser, Hydrafacial machine, Zimmer device for men's ED, Inmode device with Fractora and Forma V, Miradry device, two microdermabrasion machines, Magellan PRP center fuse, Harms Millennium software, Computers with register system, Phone and sound system, CC cameras with remote access and countless fine furnishings, furniture and top of the line display cases.
Business is located in a prime location on one of the major and busiest hwy and in very close proximity of some of the most affluent neighborhoods in the city. Its the first and only convenient medical spa close to other towns commuters coming into the city for the services that are not offered in other spas with over 100 New patients every month.
Growth & Expansion:
A family practice or dermatology physician can easily grow this business by three folds or more. Top that with expansion of services such as weight loss management, hormone replacement therapy, and dermatology services could very well and likely to support two or three physicians easily due to excellent demographics. there is more rooms to expand if necessary offered from adjacent tenant.
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
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