Medical Spa: 4-year licensed & permitted, $400K revenue, 2500 clients
Business Description
This fully licensed, permitted, and operating medical spa was established in 2022 — now in its fourth year of business. Located in the heart of Midtown Tampa, this is a rare opportunity to acquire a turnkey aesthetic practice with an established patient base, confirmed rent-controlled lease, and significant untapped upside — without the cost, time, or regulatory burden of starting from scratch.
THE BUSINESS
The practice offers a full suite of aesthetic and wellness services including Botox and Dysport neurotoxin injections, dermal fillers, SkinPen microneedling, IV therapy, facials, chemical peels, and Florida medical card consultations. Over four years of operation, the business has built a loyal book of 2,500+ active clients — grown almost entirely through organic channels and word of mouth. Peak gross revenue reached $375,000 while operating at only 85% utilization with a single provider. With full capacity activated and a second provider added, projected annual revenue is conservatively estimated at $1,000,000+.
THE SPACE
The practice occupies a beautifully fitted suite with 3 fully equipped treatment rooms, a professional reception area, retail product wall, and comfortable waiting room. The space has physical capacity for 2–3 additional treatment rooms, offering immediate expansion potential without relocating. A large exterior billboard provides passive brand visibility 24/7. All furniture, fixtures, Samsung TVs, treatment beds, shelving, and signage are included in the sale.
THE LEASE
The lease is rent-controlled and confirmed in writing through September 2028. Monthly base rent is $2,517.61 (Oct 2025–Sep 2026), rising to $2,643.49 (Oct 2026–Sep 2027) and $2,775.67 (Oct 2027–Sep 2028). Florida state sales tax on commercial rent was repealed effective October 2025, meaning $0 sales tax on rent. At $375K peak revenue and 85% utilization, the rent-to-revenue ratio is approximately 7.2% — well below the industry average of 10–15%. At full capacity this ratio drops even further.
THE LOCATION
The practice is positioned steps from Midtown Tampa — a $500 million, 22-acre walkable mixed-use development featuring Whole Foods, REI, Sephora, Shake Shack, True Food Kitchen, 700,000 sq ft of office space, 390+ luxury apartments, and a 225-room Aloft/Element hotel. Situated at I-275 and N Dale Mabry Hwy, it draws thousands of affluent residents, workers, and visitors daily. Immediately adjacent is a brand new 18-story, 440,000 sq ft Class A office tower anchored by Tampa Electric, Booz Allen Hamilton, TeamViewer, Peoples Gas, and Insight Global — precisely the demographics that drive injectable and aesthetic revenue.
WHAT'S INCLUDED
Tangible assets valued at $70,000 are included: SkinPen microneedling device with 25 tips and kits ($15,000), medical supplies including neurotoxin and filler inventory ($30,000), and electronics, furniture, signage, and fixtures ($25,000). Also included: all social media accounts, website, patient intake systems, vendor relationships, and the established brand.
THE OPPORTUNITY
A new owner can activate significant upside immediately: add a second provider to fill 2–3 unused treatment rooms and push toward the $1M revenue ceiling, replace Groupon with direct digital advertising to improve margins, launch a full IV therapy program using existing supplies, convert the existing 2,500-patient base to a membership or loyalty model, and leverage proximity to the adjacent Class A office tower for B2B corporate wellness partnerships. The proposed Tampa Bay Rays stadium nearby represents additional long-term upside for neighborhood foot traffic and brand visibility.
Seller is relocating out of state and motivated to sell to the right buyer. Financials and full documentation available to qualified buyers under NDA. Seller will provide up to 30 days of transition support.
THE BUSINESS
The practice offers a full suite of aesthetic and wellness services including Botox and Dysport neurotoxin injections, dermal fillers, SkinPen microneedling, IV therapy, facials, chemical peels, and Florida medical card consultations. Over four years of operation, the business has built a loyal book of 2,500+ active clients — grown almost entirely through organic channels and word of mouth. Peak gross revenue reached $375,000 while operating at only 85% utilization with a single provider. With full capacity activated and a second provider added, projected annual revenue is conservatively estimated at $1,000,000+.
THE SPACE
The practice occupies a beautifully fitted suite with 3 fully equipped treatment rooms, a professional reception area, retail product wall, and comfortable waiting room. The space has physical capacity for 2–3 additional treatment rooms, offering immediate expansion potential without relocating. A large exterior billboard provides passive brand visibility 24/7. All furniture, fixtures, Samsung TVs, treatment beds, shelving, and signage are included in the sale.
THE LEASE
The lease is rent-controlled and confirmed in writing through September 2028. Monthly base rent is $2,517.61 (Oct 2025–Sep 2026), rising to $2,643.49 (Oct 2026–Sep 2027) and $2,775.67 (Oct 2027–Sep 2028). Florida state sales tax on commercial rent was repealed effective October 2025, meaning $0 sales tax on rent. At $375K peak revenue and 85% utilization, the rent-to-revenue ratio is approximately 7.2% — well below the industry average of 10–15%. At full capacity this ratio drops even further.
THE LOCATION
The practice is positioned steps from Midtown Tampa — a $500 million, 22-acre walkable mixed-use development featuring Whole Foods, REI, Sephora, Shake Shack, True Food Kitchen, 700,000 sq ft of office space, 390+ luxury apartments, and a 225-room Aloft/Element hotel. Situated at I-275 and N Dale Mabry Hwy, it draws thousands of affluent residents, workers, and visitors daily. Immediately adjacent is a brand new 18-story, 440,000 sq ft Class A office tower anchored by Tampa Electric, Booz Allen Hamilton, TeamViewer, Peoples Gas, and Insight Global — precisely the demographics that drive injectable and aesthetic revenue.
WHAT'S INCLUDED
Tangible assets valued at $70,000 are included: SkinPen microneedling device with 25 tips and kits ($15,000), medical supplies including neurotoxin and filler inventory ($30,000), and electronics, furniture, signage, and fixtures ($25,000). Also included: all social media accounts, website, patient intake systems, vendor relationships, and the established brand.
THE OPPORTUNITY
A new owner can activate significant upside immediately: add a second provider to fill 2–3 unused treatment rooms and push toward the $1M revenue ceiling, replace Groupon with direct digital advertising to improve margins, launch a full IV therapy program using existing supplies, convert the existing 2,500-patient base to a membership or loyalty model, and leverage proximity to the adjacent Class A office tower for B2B corporate wellness partnerships. The proposed Tampa Bay Rays stadium nearby represents additional long-term upside for neighborhood foot traffic and brand visibility.
Seller is relocating out of state and motivated to sell to the right buyer. Financials and full documentation available to qualified buyers under NDA. Seller will provide up to 30 days of transition support.
About the Business
- Years in Operation
- 4
- Employees
- 2 Part-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- Suite 104 at 3302 W Cypress St, Midtown Tampa. 3 fully fitted treatment rooms with capacity for 2–3 additional. Reception area, retail product wall, and waiting room. Includes SkinPen microneedling device + 25 tips & kits ($15K), medical supplies ($30K), electronics, furniture, Samsung TVs, shelving, and exterior billboard signage. Rent-controlled lease through 2028: $2,517/mo (2025) ? $2,775/mo (2027–28). No FL sales tax on rent. Total tangible assets: $70,000.
- Market Outlook / Competition
- The medical spa industry is one of the fastest-growing segments in healthcare, with the U.S. market projected to exceed $27 billion by 2030. Tampa Bay is a particularly strong market — a fast-growing metro with a younger, image-conscious, and increasingly affluent population that over-indexes on aesthetic spending.
Kerry Med Spa sits in a uniquely advantageous position within this market. Midtown Tampa — a $500 million, 22-acre mixed-use development — sits immediately adjacent, bringing Whole Foods shoppers, corporate office workers, hotel guests, and luxury apartment residents through the corridor daily. The recently opened Midtown East tower adds 440,000 square feet of Class A office space anchored by Tampa Electric, Booz Allen Hamilton, TeamViewer, and Insight Global — thousands of white-collar professionals within walking distance who represent the core injectable demographic.
Direct med spa competition within the immediate Midtown/West Tampa corridor is limited. Most established competitors are concentrated in South Tampa, Hyde Park, and the Westshore business district — leaving this corridor underserved relative to its income and foot traffic profile. A new owner inheriting an established, permitted 4-year practice with 2,500 existing patients has a significant head start over any competitor attempting to enter the market from scratch, which typically requires 12–18 months and $150,000–$300,000 in build-out and ramp-up costs before reaching profitability. - Opportunities for Growth
- Significant upside available: (1) Add a second injector to fill 2–3 unused treatment rooms; (2) Replace Groupon with direct digital advertising to improve margins; (3) Launch full IV therapy program — supplies already in place; (4) Convert existing 2,500-patient base to membership/loyalty model; (5) Leverage Midtown apartment and corporate tenants for wellness partnerships.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- $2,500.00 per month
- Lease Expiration
- 10/1/2028
About the Sale
- Seller Motivation
- Owner is relocating out of state and unable to continue operating the business.
- Transition Support
- Seller will provide up to 30 days of transition support including patient introductions, operational walkthrough, vendor contacts, supplier relationships, and social media account transfer. All protocols, consent forms, and intake documents included.
- Financing Options
- Financials available upon request and NDA signed
Listing Info
- ID
- 2487888
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2487888 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 of Use. Learn how to avoid scams.
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