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Central San Diego

  • Listing No.: 106-15277

  • Category: Beauty, Miscellaneous, Service

Asking Price $225,000
Down Payment $225,000
Gross Revenue $420,462
Total Adjusted Net Income $86,840
Equipment/Fixtures $62,750
Year Established 2006
General Location Central San Diego
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Centrally located in San Diego's thriving Uptown District, this full service med spa provides laser hair removal, skin rejuvenation, anti-aging treatments, Botox, fillers, photofacials and more! This business has had year-over-year growth greater than 6%, a 4,000+ active client database, and 4.5 Stars on YELP.  The 3,119 sqft. facility includes 11 treatment rooms, 8 of which are currently subleased by a complimentary beauty provider. There is a huge upside opportunity to cross-market existing clients by executing a new sublease. The sub-tenant could also be relocated allowing a buyer to expand the med spa. There is an experienced staff in place including an M.D. acting as Medical Director and a Nurse Practitioner who prescribes the medical services. The seller, a Registered Nurse, works about 20 hours per week in the business and would continue as an employee under new ownership if desired.

Gross Revenue $420,462 Listed Price $225,000
Total Income $86,840 Down Payment $225,000
Base Rent $4,632 Square Feet 3119
Total Rent $4,981 Lease Expiration 3/2021
Rent Deposit $0 Lease Options
Inventory $1,000 Leasehold Improvements
Equipment/ Fixtures $62,750 Other Assets
Full-Time Employees 2 Training Period One Month
Part-Time Employees 0 Special License Required
Contract Staff 0 Reason for Selling Marriage and raising children

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.