18 Nov High-Profile, High-Profit Santa Fe Medi-Spa for Sale
Price: $1,240,000
Location: Santa Fe & North Central Region, New Mexico
Industry: Health, Wellness & Beauty, Medical Spa
Listing ID: N212
Enjoying Platinum and Platinum Plus status, this prestige medical spa has helped New Mexicans look and feel their best for over two decades.
The spa offers a range of injectables, energy-based treatments, and other sophisticated, non-invasive anti-aging procedures. Retail sales of high-end products supplement the practice’s income. The spa is known for the quality and sophistication of its services. A Nurse Practitioner will be in place to serve as the spa’s Medical Director. The business enjoys recurring income and an established clientele.
Prudent sanitation and social distancing measures are in place, allowing the business to continue operations during Covid-19.
Financials are based on 2019’s performance. During the course of 2020, the business was shut down for about a total of 14 weeks. When it resumed seeing patients, the business restricted clients allowed on the premise to about 50 percent of its normal capacity
Listing Details
Revenue: $1,319,550
Cash Flow: $386,881
FFE: $486,500 (Included in Price)
Inventory: $100,000 (Included in Price)
Real Estate: (Not Included in Price)
Reason For Sale:
Retirement
Training & Support:
Seller will provide up to four weeks of onsite training, details to be negotiated.
Operation
Year Established: 1999
Year of Last Acquisition: 1999
Days & Hours of Operation: Mon - Fri, 8:30 am - 4:30 pm
Employees: 3 FT
Absentee Owner?: Yes
Location
Lease Option: Yes
Monthly Rent: 4000
Type of Location: Professional Complex
Square Footage: 1650
Facilities Information:
Warm and welcoming ground-level office condo with five treatment rooms. This real property is also available for purchase.
Summary
Owner Qualifications:
This is a strong opportunity for an executive who enjoys working with people, can optimize a talented staff, and has the energy to expand upon the branding and marketing.
Competition:
This established business is is one of Northern New Mexico’s most sophisticated, high-tech medical spas and serves a loyal, affluent and diverse clientele. Only one other practice in the area operates at this class. The practice is currently in the process of bringing onboard one to two Nurse Practitioners.
Potential Growth:
Introducing body contouring and a medically-supervised weight loss program can help grow the business.
