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Listed by:

Royal Crown Group

Modern & Attractive Medspa In New Center For Sale

Boynton Beach, Florida, US
Asking Price:
$25,000 Furniture / Fixtures included
Sales Revenue:
$350,794
Cash Flow:
$1

The space consists of 1,759 sf and located in a new shopping center anchored by a Major Grocery chaine and a bunch of National franchises in the heart of Boynton Beach’s shopping district. The shopping center is at corner with a traffic of 76,000 cars.

The Medspa has been operating since the 4th quarter of 2023. It has experienced a steady growth since and is on par to generate positive income by the end of 2025. Seller runs the Medspa absentee and has a manager running most of the operation. There’s a full staff handling all the services including an RN, a NP, a Medical Doctor, an esthetician, and front desk assistant.

Some of the services offered are IV Therapy, Hormone Therapy, Sexual Health, Facials, Microneedling, Hair Rejuvenation, IPL Laser and Skin Resurfacing and Botox among others. The business has received a 5 star rating on Google and accepts walk-in and by appointment customers. This is an ideal scenario for someone in the industry and trying to expand their territory or someone looking to get into this industry at a very low cost. Business is run absentee owner.

Property Information

Real Estate:

Lease

Lease Terms:

8 yrs left on first term and two 5 yr options

Leasehold Rent:

$99,000 per annum

Lease Rent:
$1,759 per sq ft per annum
Premises Details:

The suite consists of 1,759 sf with a nice reception area, 3 treatment rooms, 1 office, 1 storage/supply room, 1 office (sublet), 1 bathromm and a kitchen/breakroom. Rent is $8,250/month with 8 yrs left on first term and two 5 yr options.

Size in square feet:
1,759

Business Operation

Expansion Potential:

No promotions or advertising being done, room to grow in every area of the differentiate services being offered.

Competition / Market:

There are a few Medspas in the city but none in a new shopping center with great exposure and brand new interior.

Reasons for selling:

Other business interests

Employees:
5
Years established:
2 Years

Other Information

Support & training:

2 weeks at no charge

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$1,000