Excellent Opportunity for Medical Professional

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Best for Medical Practitioner
Asking Price:
$850,000

Gross Revenue:
$650,000
Cash Flow:
$125,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
included in asking price

FF&E:
$575,000
included in asking price

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Business Description

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

Location:
Birmingham, Alabama
Year Established:
2009
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$3,800.00 Per Month
Lease Expiration:
1/31/2020
Facilities:
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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Retiring and moving out of state.
Training/Support:
up to six months of support and training will be provided by the seller for the successful transition of the owner and management in all aspects of the business.
Seller Financing:
Seller is willing to finance with 20% down payment

Listing Info

ID:
1460115
Ad Detail Views:
0

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Business Listed by
Alex Mims

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