• Listing ID: 1190611
  • (Seller ref: 3234)
  • (Broker license number: 01233722)

Affluent Clientele For Popular Med Spa In Studio City For Sale


Location:
Category:
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Type:

Asking price:
$550,000
Sales revenue:
$450,000
Cash flow:
$175,000
Years established:
2005
Employees:
1FT, 4PT

No image available

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.


Real Estate:
Lease

Trading hours:
10am-6pm

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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