SBA Preapproved Absentee 7 Year Old Medspa Netting $100,000
Location: Hartford, CT
Asking Price: $225,000 - PREAPPROVED FROM EAST WEST BANK
Financial Performance (2024)
Gross Sales: $228,599
Net Profit (including addbacks): $105,828
Total Expenses: $179,376
Rent: $47,394 ($3,949/month)
Advertising: $16,648
Insurance: $5,096
Supplies: $1,230
Taxes & Licenses: $18,412
Travel: $443
Meals & Entertainment: $144
Utilities: $4,282
Business Highlights
Established Reputation: Founded in 2018, this medspa has built a strong reputation for quality treatments and personalized care.
Absentee-Owned Operation: Business runs smoothly with a team of three skilled professionals, including a licensed Nurse Practitioner (NP) and an experienced esthetician.
Owner Support Available: The current owner, also a teacher and fitness studio operator, is willing to remain post-sale to ensure a smooth transition.
Comprehensive Services:
Botox & Dermal Fillers
Laser Hair Removal
Radio Frequency Microneedling
PRP Treatments & Vampire Facials/Lifts
Non-surgical Breast Lifts
Body Sculpting & Body Tone
Kyro Skin Therapy
HydroFacial & Bluetooth Facial
Chemical Peels
Sclerotherapy
State-of-the-Art Equipment: Includes Spectrum by Roar, Adva TX, Body Sculpt & Body Tone systems, Kyro Skin 3.0, HydraFacial System, and JuvaPen NXT.
Additional Income Stream: One treatment room is subleased to a massage therapist at $1,000/month.
Prime Location: Shared space with a busy hair salon provides built-in visibility and cross-referrals.
Turnkey Opportunity: Ideal for an owner-operator or investor looking to expand into aesthetics. Loyal clientele and strong systems in place support future growth.
Broker Notes
Reason for Sale: Owner is pursuing teaching and fitness business ventures.
Some staff operate as 1099 contractors.
Owner remains involved by handling incoming calls and occasional treatments.
Highly motivated seller, open to negotiation for a quick transaction.
Payroll & Compensation Structure
Esthetician: 30% of select services or $50 flat per Hydrafacial.
NP/PA: $50 per appointment.
Contractor payroll example: Beth Lopez (Venmo payments) $23,714.15.
2024 Addbacks
Interest: $24,675
Depreciation: $43,084
SBA Loan + Machine Financing: $60,000 annually ($5,000/month)
