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Profitable Medi Spa In Tri-Cities For Sale

Tri-Cities, British Columbia, Canada
Asking Price:
$1,750,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$250K - $500K (CAD)

Presenting an exceptional opportunity to acquire a well-established and highly reputable Medi-spa clinic specializing in advanced laser treatments and aesthetic services. Located in a prime area with high foot traffic and an affluent customer base. The clinic has built loyal clientele over the years.

The clinic offers a comprehensive range of services, including laser hair removal, skin rejuvenation, injectibles and contouring using state-of-the-art equipment and certified professionals dedicated to delivering exceptional results and customer satisfaction.

The business was established in 2012 by the current two (2) Shareholders who on average dedicate a combined 5-10 hours per week over mainly overseeing the operation.

There are three (3) full time & two (2) part time Employees and one (1) Doctor who is an Independent Contractor who works once per month at the clinic to administer Botox & Fillers.

The Assets, Equipment and Leasehold Improvements market value sit at approx. $770,000 and inventory is approx. $30,000 (at cost). The business operates out of a 1,500 sq. ft. prime retail location for approx. $8,159 per month all in.

Owners are selling because they are looking to liquidate some capital.

Property Information

Real Estate:

Lease

Lease Terms:

The current lease term is until April 15, 2025 and there is an option to renew for another five (5) years.

Lease Rent:
$97,908 (CAD) per sq ft per annum
Location:

Prime retail location with high food and vehicle traffic.

Premises Details:

1,500 sq. ft. street level prime retail property. The Lease comes with three (3) parking spots and there are lots of paid street parking available.

Size in square feet:
1,500

Business Operation

Expansion Potential:

Adding Services

Employees:
3 full time, 2 part time
Years established:
2012

Other Information

Furniture / Fixtures value:
$770,000 (CAD) - included in the asking price
Inventory / Stock value:
$30,000 (CAD)