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Established Successful Med Spa In Seattle For Sale

Seattle, Washington, US
Asking Price:
$499,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M
Cash Flow:
$250K - $500K

This successful boutique medical spa is the best in Seattle, offering a full array of non-surgical medical treatments with a variety of high-quality medical devices and products. The majority of individuals on the long clientele list visit multiple times per year for treatments. With extremely strong margins in 2021-2023 & continuing into 2024, this business is ready for you to ride the trend of more people seeking non-invasive, more natural cosmetic face and body treatments in lieu of expensive plastic surgery.

History
Founded in 2012, this successful Seattle med spa has continually grown 20% each year. The owner has built this business by providing quality services, cutting-edge technology and staying current on up-to-date advances in the world of aesthetic and rejuvenation, pre-juvenation treatments. The medspa has new equipment that has been purchased in just the past two years, which has helped to enhance clients' results for its growing list. Reputation for advanced practice, experience, high level aesthetic skills, and a variety of treatments.

Growth Potential
Enormous Opportunity to grow the business by leveraging the strong existing customer base, adding more hours of operation, bringing in new customers by consistent marketing, social media interaction and adding more employees to provide more treatments and sell more retail products, and keeping the website optimized. Capitalize on the new market of individuals seeking cosmetic assistance given the new world of video conferencing and concomitant constant close-ups.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Lease is on a 3 year term thru May 2025. But the lease is renewable and preferred for an additional 5 year term.

Leasehold Rent:

3300 per month (NNN included) per annum

Location:

High visibility, close to high-end shopping, great street traffic with close existing complementary businesses. Street Pylon sign and LED lit sign for nighttime visibility with free parking.

Premises Details:

Reception area, three exam/treatment rooms, storage and laundry room, ADA bathroom, small kitchenette, on site security with CCTV located on the premises.

Size in square feet:
1,000

Business Operation

Expansion Potential:

Offer IV treatments, Nutritional supplements, hormone therapy, weight loss and market to UW students, are just a few of the areas that could be expanded on.

Reasons for selling:

Owner would like to decrease time to working to 3 days a week over the next three years and retire in the next 5 years. So planning an exit strategy that will help support the new owner establish relationships with existing clientele and help cultivate new client database while working less hours over the next three years.

Trading hours:

T-F 10-5, some saturdays

Employees:
2
Years established:
12 years

Other Information

Support & training:

Owner willing to stay on and train, take on a partner for the right fit, operate as the medical director for a period up to two years, will train on existing software to run POS, scheduling, inventory, business reports, tax reports, management of website, IG, marketing strategies, event planning and provide aesthetic injectables to existing clientele through the transition period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Business has been assessed by bank and loan approval. Owner willing to take down payment and finance over the next 3 to 5 years with a balloon payment at the end of term agreement.

Furniture / Fixtures value:
$350,000 - included in the asking price
Inventory / Stock value:
$70,000 - included in the asking price
Relocatable:
This business can be relocated.