SOLD: High-End Medical Spa (Semi-Absentee Owner) #114003

  • Sold

About The Opportunity

  • Established in San Diego since 2006, one of the most popular facilities in San Diego.
  • Offers injectables, body slimming, facials, IV therapy, weight loss programs, spray tanning, etc.
  • High client return rate, consistent referrals, and an excellent reputation.
  • Tenured and high-caliber staff operating out of modern facility inclusive of nine rooms.
  • Owner, who is the medical director, moved out-of-state and sold to pursue other opportunities.

Other Important Information

Testimonial

Thanks for everything! I think I have breathed my first real sigh of relief since COVID hit.”

Seller

 

Noteworthy Transaction Points

  • Transaction closed in 4.5 weeks.  Took to market in November and sold in December 2020 (amidst a pandemic).
  • Sold for 2.3 x SDE from 2019.  Could not use last 12 months SDE due to Covid’s effect on revenue and profitability.
  • Sold for 94% of asking price with all cash and no Seller Carry Note.
  • Acquired by a private buyer with medical and operational expertise.

 

Be The First To Know

Tell us the kind of business you are looking to buy and we will keep you up to date on opportunities.