Beautiful Med Spa business

Langhorne, PA
treatment room
Asking Price:$300,000
Inventory:$35,000
FF&E:$500,000
Gross Revenue:$200,000
Rent:$2,400/Month
Established Year:2021
BUSINESS DESCRIPTION

High end med spa completely turn key location in Langhorne, Pa. Brand new fit out is just completed. . High per capita income area with substantial exposure and is at the gateway to the Oxford Valley Mall and directly across from the new 611 unit luxury apartment complex and Oxford Medical complex..  Great opportunity with tremendous upside. Current lease is a net lease at $2400 month plus utilities. NO CAM and no real estate taxes.
The listing price is $300K and building is approximately 1400 sf.+/- with the design set up with entry foyer, general receptionist station with attached waiting area, 4 private treatment rooms, break room, storage, administration/flex room and 2 bathrooms. 
Price includes all business and equipment (all equipment 3 years old at original cost of $600K), material & supplies, inventory, client list. All technicians will remain with business and all technicians are nurses or nurse practioners working at local hospitals and medical facilities.
Real estate can be purchased at additional cost of $300K but is not a condition of purchase for the business. Building and business can be purchased for $550K and financing is available for both through the SBA with only 10% down for qualified buyers. Possible 100% financing to highly qualified buyer.
Owner relocating south and will consider reasonable offers and help with transition of new owner.


DETAILED INFORMATION
Location
Langhorne, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All state of the art equipment that is only 3 years old set up for most cosmetic procedures. All furniture fixtures, supplies and inventory is included in price.
Competition
Located in high density high per capita income area. Other med spas are dotted around the area but do not have the same high tech equipment to do the procedures that are done here.
Growth & Expansion
Currently the business is not operating at full capacity and full time. There is tremendous upside potential for much higher income if operating on a full time schedule.
Financing
BECEDC and SBA business financing is available
Support & Training
Full experienced staff to stay on. Seller will assist in transition to provide guidance and support for new owner.
Reason for Selling
seller wants to relocate to Florida to be closer to family.
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Mike
Riccardi
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Mike Riccardi