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Listed by:

Royal Crown Group

Modern Medspa In New Center - ASSET SALE For Sale

Boynton Beach, Florida, US
Asking Price:
$25,000 Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

The space consists of 1,759 sf and located in a new shopping center anchored by a Major Grocery chain 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. Seller has run the Medspa absentee. The Medspa only operates by appointment when several customers are bundled into one day for services to be rendered.

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. 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. This is an ASSET SALE with no financial representation.

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