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Established, Profitable Cool Sculpting Med Spa

For Sale in Not Disclosed, IA

Financial & Assets Details

$376,387
$111,994
$80,000

About the Business

2016
2 FT
Yes

Business Description

Own a business with increasing demand for services.
This is a rare opportunity to purchase an established, already profitable, well-located, absentee-owned Cool Sculpting Med Spa in a growing Eastern Iowa community. The business successively provides non-invasive body contouring treatment services with recurring revenue streams from cold-assisted lipolysis (breakdown of fat) of the submental area (neck and under chin), thigh, abdomen and flank/waistline.

Growth & Expansion

This business offers the world's #1 non-invasive fat reduction procedure. A new owner could add other Med Spa services or products for sale within the existing space. A successor located nearer the business could gain efficiencies to increase earnings or expand marketing to grow revenue.

Seller Financing

$225k down/$25k for 120 mos. @ 10%.

Market Competition:

This is a relatively new service in the region with limited competition. There appear to be just four direct competitors within a seventy-five mile radius of the business, an area with estimated population in excess of 800,000 people.

This business differentiates by offering a professional spa environment rather than medical or institutional like some others. Consumer financing is also established to assist clientele if desired.

Location Details:

This established business is well-located within 1200 square feet of leased space in attractive retail area on high traffic street in growing and in a vibrant community. The nicely finished boutique is designed to create a pampering, spa environment.

Support & Training

Will train for 2 weeks @ $0 cost.
The US Food and Drug Administration (FDA) approved medical device and procedure involved with this business is owned by and used under the supervision of a medical professional licensed in the state of Iowa. Delivery of services is provided by technicians who have been specifically trained to provide these types of services. The seller invests minimal time on the business and does so from home. In addition to seller provided orientation, training and support, the primary supplier has great assistance with training at no additional cost. To take it to the next level, additional training is available through the supplier that may be helpful.

Reason for Selling:

Relocation of owner.

Listing ID: 5001-14275