Premier Medical Spa
Price: $2,175,000
Industry: Medical Spa
Location: Thurston County, WA
Listing ID: #0917
Status: Active
Business Description
Spending on personal appearance and self-care goes in one direction only – up! Along with increasing demand for cosmetic and aesthetic treatments, Olympia is a target rich, increasingly affluent demographic
Predictable demand, cash flows, and operations
Outstanding reputation – business has 4.7+ stars on social media, 400+ positive reviews and 2,000+ online followers. Submit an NDA and see for yourself!
Seller will finance up to 50% of the transaction price (5-year term, 7.0% annual rate)
Public awareness, acceptance, and interest in cosmetic and aesthetic procedures continues to grow. Until 10 years ago, awareness and interest almost exclusively came from women. Demand for services from men is increasing.
Last, as the use of GLP’s (weight loss medications) has ramped, this has created new demand for cosmetic & aesthetic services to capitalize on patients’ weight loss.
****For more info, complete an NDA****
Service Capability – business offers a comprehensive portfolio of medical and aesthetic dermatology services designed to address both cosmetic enhancement and overall skin health. Services include:
Injectables & Neuromodulators
Non-Invasive Body & Facial Contouring
Laser Treatments
Pre Treatment Assessments
Skin Rejuvenation & Boosters
Buyer does NOT need to be an MD.
Medical background NOT required to own – WA state Board of Nursing and WA Dermatology Association updated ownership / operations rules in May 2021. Anyone can own the business. A Medical Director is required to oversee aesthetic procedures; this Medical Director does not need to be on site (they must be available by phone)
In addition to owner, business employs 3 FT employees
Business leverages a suite of integrated tools to streamline operations, enhance patient experience, and maintain compliance:
NexTech – core system for patient charting, practice management, scheduling, and billing
TouchMD – clinical photography; before/after/progress photos automatically flow into NexTech. Also serves as a patient education portal where patients can view their own photos.
NextPatient – online patient scheduling platform integrated with NexTech. Also enables patient texting that is HIPPA compliant
QuickBooks (QB) – bookkeeping, employee time tracking, and payroll
Tech Support – managed by local vendor, ensuring IT infrastructure, security, and software are maintained efficiently
Seller owns the commercial RE that the business operates from and is open a FMV sale or lease of the suite as part of the business sale
****For more info, complete an NDA****
Detailed Information
Price: $2,175,000
Revenue: $1,472,222
Cash Flow: $614,309
Year Established: 2016
Employees: 3
Real Estate
Leased / Owned: Owned
Building SF: 1,980 sq ft
Amount: $8,000/month + NNN
Facilities: ~1,980 square feet, it is comprised of a lobby/waiting area with large bay windows of territorial views. The reception desk is adjacent to the retail skin care display areas. Upon checking-in, patients walk down a hallway where there is a consult room, 5 exam rooms, a lab, an office, and a staff lounge. There are two bathrooms, one in the lobby and another in the hallway. There is also a storage/server room. There is abundant parking shared with Suites B & C.
The seller is open to a FMV sale or lease of the suite as part of the business sale.
Additional Information
Inventory: Estimated at ~$45k – $75k; includes cartridges, syringes, various creams, masks, etc.
Inventory is NOT included in the transaction price.
Fixed Assets: $275k FMV; includes Sofwave Ultrasound, CoolSculpt Elite System, Moxi laser, BBL Hero, Epilaze, electric chairs, furniture / cabinets / shelving, laptop & iPad, etc.
All equipment is transferred debt free and included in transaction price.
Support & Training: Transition Period and/or Training – owner amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 30 – 45 days. Beyond this initial transition period, should the buyer wish, owner is willing to be available as needed for advisory / consulting at an agreed upon hourly rate for 1-year post sale
Reason for Selling: Owner preparing for retirement and wishes to see the business successfully transition to a new owner that can continue its growth
NDA Registration
To receive confidential marketing materials with much more detail on the opportunity, complete an NDA using the link below.
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