This established Medi Spa business situated in a prime location only 10 mins from Edmonton, AB. offers a wide range of advanced treatments, including laser hair removal, tattoo removal, chemical peels, microneedling, Hydrafacials, and more.
The spa features state-of-the-art equipment and medical-grade products, delivering consistent, superior results to a loyal client base. Equipment includes a brand-new top of the line laser with a life expectancy of 20-25 years.
With a team of highly trained professionals, this business has earned prestigious awards and a reputation for excellence. The opportunity offers significant potential for growth in the thriving wellness industry.
Business Highlights
Over 1700 current client base
Large social media following
(2) Premium lasers, (1) Hydrafacial MD Elite (3) microneedling devices, (1) microdermabrasion device, thermoclear RF device & a IQ device.
Potential property for sale
Serves all genders
Financial Information
$660,000
Asking Price
On request
Cash Flow
$380,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Edmonton
State:Alberta
Financing Comments
negotiable to the sellers discretion
Reason for Sale
seller wants to spend more time with family
Detailed information
Year Established:2018
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 3
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:20
Adjusted EBITDA:
On request
Inventory Included: No
Inventory Value:
$30,000
Monthly Rent:
$1,700
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
On request
Building Size: 1100
FF&E Included?: Yes
FF&E Value: $600,000
Training/Support
seller is willing to train for an negotiated time after closing as well the suppliers of the equipment and skincare products have incredible training and support available locally and abroad.
Facilities
This spa has been built out to maximize the space while also providing a comfortable and welcoming environment for the clients and staff. the space includes a staff lunch room, 3 treatments rooms, large storage area, handicap assessable washroom plus staff washroom and laundry room. The reception and waiting area is comfy, warm and inviting. The unit has the ability to build an upper level if you desire to add more space.
Market Outlook/Competition
"Over the five years to 2028, industry revenue for the Health and Wellness Spas industry is forecast to rise at a CAGR of 1.7% to an estimated $25.3 billion. Rising per capita disposable income and consumer confidence are expected to lead to continued spending on discretionary spa services. Over the next five years, more spas are anticipated to market their services toward the growing male market. "
Source: IBISWorld Executive Summary
Real State Description
purchase of the condo is available in the transferable lease agreement