Medically Based, Aesthetically Inspired Cosmetic Dermatology Center
Gross Revenue: | $1,600,000 |
Rent: | $5,000/Month |
FF&E: | $82,000 |
Inventory: | $12,000 |
EBITDA: | $475,000 |
Established Year: | 2012 |
Cash based Medical Spa Provides Treatments Designed to Keep People Looking Young
The Company is a medically based, aesthetically inspired cosmetic dermatology center founded in 2012
The facility is a remodeled 2,700 sq. ft. Med Spa with 6 treatment rooms located in an affluent metropolitan suburb of a major Northeastern U.S. city with exits to three major highways
The Company has a patient base of ~3,455 patients
The Company has a 5-Star Rating on: Google, Vagano, and Facebook. On Instagram, the Company has 1,809 followers with 700 posts over the last 6 years
Expansion opportunities exist with hiring additional staff, offering more “CoolSculpting”, and increasing the hours currently at ~30 hours per week
Highly profitable business – In FY2023, the Company generated $1.6M in Revenues with an EBITDA of ~$475,000 (~30%)
The Company operates on a cash basis and has low working capital needs
The Company operates in the fast growing and fragmented MedSpa market which has ~$15.0 billion in sales and a projected 5-Year revenue CAGR% of 8-10%