Affluent Clientele For Popular Med Spa In Studio City For Sale

Business description

Popular Studio City, Los Angeles Med Spa (featured by Elle, Allure and the Tyra Show) NOW Available! $500,000 Join an established team of medical and spa professionals, offering cosmetic procedures including injectables, a full array of beauty services and treatments including laser and much more. This unique team is looking for the right partner in to join their already existing location in none other than high traffic Ventura Blvd. in Studio City, Los Angeles! This 6 year old spa business has an expected annual revenue to hit $650,000 in the very near future, which will easily generate $240,000 in Seller’s Discretionary Earnings. Seller is asking for a down payment of $175,000 (based upon last year’s revenue and earnings) plus an earnout payment of 8% of gross sales until the total selling price reaches $500,000 or 8 years, whichever happens first (based upon future annual revenues of $650,000). The clientele is solid, affluent and frequented by studio execs and celebrities in this studio heavy part of town! Needless to say, this medical team has a proven track record of being able to generate surge of business in short periods of time, get incredible press with their strategic marketing efforts, celebrity and PR contacts. Don’t miss this once in a lifetime opportunity!

For more information or question, please contact Patty Rappa by clicking on the contact seller button below.

Property information

Real Estate:

Lease

Business Operation

Trading hours:

10am-6pm

Employees:

1FT, 4PT

Years established:

2005