Distressed Premier Cincinnati Medi-Spa in High Traffic Area

Price: $150,000

Location: Butler County, OH

Industry: Health Care and Fitness

Listing ID: 1958911

This Medi-Spa reduces anxiety, improves sleep, alleviates mental and physical stress, increases motivation, diminishes depression, facilitates freedom from habits, phobias and addictions. Caters to health, fitness and wellness for several age groups. Great for sports medicine and everyday activities.

Clients can pay per treatment or become a member. Well established clientele with deep roots in the Greater Cincy Area.

Motivated seller. Prior to COVID, business had two locations. Currently, rebounding.

Listing Details

Total Sales: $230,665

Cash Flow: $61,000

FFE: $60,000 (Included in Price)

Inventory: $1,000

Reason For Sale:

Adversely affected by COVID

Training & Support:

Yes

Operation

Year Established: 2018

Employees: 6

Location

Lease Option: N/A

Monthly Rent: $1,900 per Month

Type of Location: Leased

Square Footage: 2,200

Facilities Information:

Month to month lease. Signage included. Triple Net Lease. Tons of parking. High traffic area. Surrounding by anchor stores and shopping.

Summary

Competition:

No competition in the immediate market.

Potential Growth:

Additional locations can increasing overall market share and support the surrounding communities.