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Established Med Spa in Utah's Most Exclusive Location
Successful Medical Spa in downtown Salt Lake City at high end mall priced to sell with HUGE potential UPSIDE!
Don’t miss this opportunity to become an owner of a highly successful Med Spa in the downtown Salt Lake City area.
This successful medical spa has been in operation since 2017. It has been one of the most successful spas in the state and due to some recent health issues, the owner has elected to sell.
In addition to a great reputation, this location is beautifully equipped with the latest furnishings and high end, luxury build out, which helps promote the opportunity to charge premium pricing for these services. The location in a downtown area next to several other well known, highly successful businesses also encourages premium pricing.
Retailers adjacent to or in the vicinity of this location include Apple Store, Restoration Hardware, Lululemon, Athleta, H&M, Macy’s and many others. This location is a jewel and is also contractually protected within the entire shopping complex by contractual forbiddance of other competitors from setting up competition in the same area.
Pricing is negotiable as is equipment that will come with the sale. In addition, the owner, who is a physician, is willing to stay on for a period of time to serve as the Medical Director at a competitive rate.
Price is set at $1.6M, but seller is motivated and all offers will be considered. This figure is based on a gross income of approximately $1.1 Million per year.
Don’t miss your chance to purchase this incredible business opportunity!
Listed By: Omar Kettani
Don’t miss this opportunity to become an owner of a highly successful Med Spa in the downtown Salt Lake City area.
This successful medical spa has been in operation since 2017. It has been one of the most successful spas in the state and due to some recent health issues, the owner has elected to sell.
In addition to a great reputation, this location is beautifully equipped with the latest furnishings and high end, luxury build out, which helps promote the opportunity to charge premium pricing for these services. The location in a downtown area next to several other well known, highly successful businesses also encourages premium pricing.
Retailers adjacent to or in the vicinity of this location include Apple Store, Restoration Hardware, Lululemon, Athleta, H&M, Macy’s and many others. This location is a jewel and is also contractually protected within the entire shopping complex by contractual forbiddance of other competitors from setting up competition in the same area.
Pricing is negotiable as is equipment that will come with the sale. In addition, the owner, who is a physician, is willing to stay on for a period of time to serve as the Medical Director at a competitive rate.
Price is set at $1.6M, but seller is motivated and all offers will be considered. This figure is based on a gross income of approximately $1.1 Million per year.
Don’t miss your chance to purchase this incredible business opportunity!
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2017
Reason selling:
Health
Finance
Sales:
$1,100,000
EBITDA:
$125,000
Operations
Employees:
4
Equipment:
Included in asking price $150,000
Inventory:
Included in asking price
Premises
Facility:
Exam chairs, furniture, computers, aesthetic devices, storage for medical supplies.
Rent and lease terms:
$9,000 per Month
Location:
Salt Lake City, UT
Opportunities
Growth:
Incredible growth opportunities are available. This is a jewel that is ready to be mined!
Price and terms
Price:
$900,000
Training:
Owner is available for training and is willing to stay and help as medical director for a period of time, if needed.