Cutting-Edge Med-Spa in Morris County

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Asking Price:$1,200,000
Gross Revenue:$1,100,000
Established Year:2020
Cash Flow:$400,000
EBITDA:$225,000
BUSINESS DESCRIPTION

Med-Spa in Morris County with over 30% average annual growth over past 3 years. Annual collections over $1 million in 2023. Services include Botox, Dermal Fillers, Skin Rejuvenations, Laser Therapy and other skin care services. This is a cutting-edge med-spa with the most advanced and regenerative treatments on the market. Real Estate is included in the purchase price. Contact Rohit - 234-353-3268 or rohit@omnipg-vet.com. (NJMO9009)


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,553
Employees
5
Facilities
This practice is located in a beautiful area of New Jersey. The area is considered one of the best places to live in New Jersey. The facility has three equipped rooms with top of the line advanced technology equipment. Aesthetic record web based EMR Software, laser hair removal laser, skin pen, microneedling device and more.
Competition
This is a great market to be in. Higher end to middle class market. Spa gets busier and busier every year. Word of mouth advertising.
Growth & Expansion
There is great growth potential. Year over year growth has been approximately 25% with the same projected for 2024. Reviews from clients have been amazing. The population has been increasing in the area with it being one of the best places to live in all of New Jersey. The population in the drawing area is 500,000.
Support & Training
Sellers willing to assist with training new purchaser for a period of time after the sale is complete.
Reason for Selling
Seller is focusing on other business opportunities in other industries that will
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Rod
Johnston
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Rod Johnston