Listing Number: 77441-310669
Description
Beauty spa services focused on slimming and toning treatments using Cryoskin and facial treatments. Offers non-medical and non-invasive procedures to reduce fat and the appearance of wrinkles over a series of approximately 45-minute private sessions.
The equipment used for these beauty services are cutting-edge and made in Italy. They are easy to use and provide a very pleasant and effective experience for clients. Services are typically sold in packages of 5 to 10 appointments, and many clients come back for more to improve and maintain their physical appearance.
Clients are typically women between the ages of 45-65, with approximately 85% female and 15% male clients. About 90% of clients are utilizing CryoSlimming treatments for their mid-section. The machines allow for skin tightening (CryoToning), a wand for face, neck and chin. In addition, the machines provide lymphatic drainage with each treatment. This function assists male and female clients decrease inflammation and improve circulation.
Amazing online reviews and rating, with over 4,000 followers. All appointments are set through Mindbody system and the business also uses High Level for drip text campaigns, confirming appointments and follow-up communications.
The current owners typically spend no more than 15 hours per week on the business, given experienced technicians in place at this business's two existing locations. For an ambitious new owner, there is ample room to grow revenues by expanding to new locations and/or expanding into additional services, including med spa services with the addition of medical supervision (seller can assist with introduction to a doctor, if desired).
For anyone looking to take the plunge into business ownership, with a turnkey operation with staff in place and which can be operated part-time by an owner, this is a great opportunity. Seller will consider financing 10% of the purchase price to facilitate obtaining an SBA loan, subject to credit review and approval.
Listing Details
- Price: $699,000
- Down Payment: $629,000
- Sellers Discretionary Earnings: $245,000
- Total Sales: $450,000
- Location: Bethesda, Montgomery County, Maryland
- Inventory: $1,000
- FF&E: $80,000
- Employees: 2
- Year Established: 2016
- Reason for Selling: Retirement
- Category: Beauty/Personal Care,Medical Related Biz
Contact Agent:
- Erik Woodworth, CFA (Principal)
- Phone: (202) 459-4554
- Email: erikw@tworld.com