Medical Spa

Premier Medical Spa

This listing is confidential. Sign an NDA and we will send the full confidential information memorandum for this business, with the financials included.

Asking price
$1,535,000
Revenue
$1,472,222
Cash flow
$614,309
Location
Thurston County, WA

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

2025 cash flow (SDE) = $614,000

Priced appropriately at 2.5x cash flow = $1,535,000

2026 revenue and cash flow exceeding 2025 YTD

Ideal buyer is a Nurse Practitioner (NP) or Physician Assistant (PA)

Seller will finance up to 30% of the transaction price via seller financing (4-year term, 7.0% annual rate)

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!

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

Detailed Information 

Price
$1,535,000
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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Buyer questions

Before you enquire.

Business brokers and M&A advisors generally represent the seller, not the buyer. Your lender and your attorney will be your primary advisors.

The buying process
I am interviewing firms, brokers, or advisors. Why Washington Business Brokers?

First, you are and always will be a priority. We say this as we routinely see owners select a firm, attorney, or wealth advisor when we know they are low priority for the advisor. We had a seller use a well-known law firm downtown..the attorney was working on a $70M transaction at the same time as our $3.5M deal. The attorney took two weeks to reply to emails and frustrated everyone, including his client.

There are M&A and business broker firms in the Pacific Northwest with 5, 10, and even 20 headshots on their site. The vast majority of these folks are "industry advisors" or never complete a sale. If you are interviewing brokers - ask to speak with a seller they helped in the last year.

Four of the owners / sales we completed in the last 18 months each burned a year with other local firms first, got frustrated, and came to us. You are looking for the right advisor, with the right capabilities – not the largest firm.

Second, we encourage you to compare the quality of marketing materials we produce, and how we write about businesses online, vs other firms. Check out our activity on LinkedIn and any business for sale platform. The professional marketing pieces are going to be the first time a buyer learns that it is “your business” – we get positive buyer feedback continuously on the quality of content and materials, including from far larger investment banks. This investment in polished marketing directly benefits you in attracting more buyers and ultimately driving a higher transaction price.

Third, take a look at our industry awards for verified transactions. Check out the associations online: M&A Source and the IBBA (International Business Brokers Association). Washington Business Brokers, and Ryan Hemmert, is the ONLY firm in Washington and Oregon to be recognized four years in a row for verified deal activity.

You can verify the industry awards and reviews online.

We will gladly share references of happy sellers for you to speak with.

How long will it take to sell my business?

The quickest sale we have had, from the date we e-signed an engagement agreement to the closing date, was four months.

The longest sale took a full 12 months. A reasonable expectation is six to eight months. Transaction length varies based on the financial profile of the business, industry, location, and macro environment.

When we partner with an owner on a sale, it is important that the owner stays focused on driving business results with their team and clients / customers, precisely because the sale process takes time. Our commitment to sellers is to drive the sale process as hard as we can while you focus on driving the business.

For a more granular view of "time to sell" check out the Market Reports page (see Resources).

How do you get paid?

We work on a straight success fee (commission) basis. We get paid only at closing when funds are wired from an escrow or legal firm.

As you would expect, the % success fee decreases as the transaction size increases. We follow a standard fee structure up to $5M in transaction size. If we value your business greater than $5M, we will custom quote a success fee.

In addition, every seller can put up to three "named buyers" directly in our engagement agreement. In the event "the buyer" is one of these three, you receive a 20% discount on the standard fee structure.

In our experience working with many different firms, you are not likely to see a great deal of variation in fee. You are looking for the sharpest advisor and the best fit.

We believe strongly in getting things done, fair deals, and building our reputation one fair deal at at time.

How will you keep my sale confidential?

Confidentiality is foundational to what we do. Our mornings start with a review of every buyer NDA that came in overnight on the businesses we currently represent. We are meticulous in reviewing these, in fact, we even have a negative online review from a prospective buyer who thought our screening process was too rigorous!

Take a careful look at the "Businesses for Sale" page - you will see no company or owner names listed. Instead, we say something along these lines..

Washington Business Brokers represents a $4.5M sales, $1.1M cash flow roofing business in metro Seattle.

30+ years in business, 4 crews with 3 - 5 roofers each, 2 estimators, and 2 office staff, seller preparing for retirement. For more information about the opportunity, go to wabusinessbrokers.com and submit an NDA. After your NDA has been reviewed and verified, we will release more confidential information about the opportunity.

We follow this process, to a T, with every busines and every buyer inquiry.

Rest assured, our processes are built around maintaining confidentiality and successfully selling your business.

Do you specialize in a specific industry or type of business?

No. We flex across industries and have experience with many business types, operating models, sizes, and locations.

Think of us like you would a good attorney or CPA. We are process experts and work with owners through a very specific, sequenced series of transaction steps to close a fair deal.

Our expertise is in valuation, optimizing a business for sale, creating compelling, confidential marketing materials, buyer identification and qualification, negotiation, deal structuring, and closing.

The wide range of industries we facilitate deals in benefits you – we simply see more deal types and interact with more types of buyers and financial groups, than an advisor or firm super deep in one niche.

Have you sold another business like mine?

Across hundreds of business valuations and completed sales, the odds are high that we have sold a business like yours.

In some cases, though, we may not have. There are many niche business verticals that continue to surprise us, learning about so many unique businesses is one of the fascinating parts of what we do. Partly because of the large mix of business owners we work with, we see similarities in deal types across industries that may not be obvious at first glance to an owner.

Think of us like you would a good attorney or CPA. We are process experts and work with owners through a very specific, sequenced series of transaction steps to close a fair deal.