ESTABLISHED FRANCHISE LOCATION FOR SALE

ARLINGTON HEIGHTS, IL $240,000 

 

Business Description

Illinois Medical Spa Franchise

The Medical Spa, created in 2015, is a turnkey operation beauty and wellness destination that provides the most innovative aesthetic services. Compared to its closest rivals, the medical spa’s unique selling proposition is that it is the first medical spa franchise structure in Illinois. It is also the first medical spa franchise that offers a variety of injectable procedures. Customers choose the Medical Spa over the competition for its excellent customer service, competitive prices, and multiple locations.

The Medical Spa enjoys terrific brand recognition and search results ranking. Online marketing efforts have proven more successful and cost-efficient compared to traditional marketing methods. To find new clients, the business currently relies on website traffic SEO, Facebook, Instagram, Tik Tok, client leads from specific vendors, publications, participating in local events, email blasts, Yelp, Google, and Groupon.

 

Detailed Information

 

Location:

Arlington Heights, IL

 

Inventory:

Included in asking price

 

Real Estate:

Leased

 

Building SF:

2,400

 

Lease Expiration:

10/31/2022

 

Employees:

4

 

The gorgeous and modern spa has been recently renovated and is conveniently located in a busy area. The new buyer will also be able to leverage the company’s highly recognizable locations throughout Illinois to exchange patients depending on the location’s schedule and availability.

Competition:

 

Compared to its closest rivals, the company’s unique selling proposition is that it is the first medical spa franchise structure in Illinois. It is also the first medical spa franchise that offers a variety of injectable procedures. Customers choose the company over its competition for its excellent customer service, competitive prices, and multiple locations. As a franchisee of the medical spa, the new owner will benefit from national marketing campaigns and a built website for the location. They will not have to worry about SEO traffic since the brand

Growth & Expansion:

The 2019 Medical Spa State of the Industry Report provides business, operations, staffing, and legal statistics and analysis of one of the fastest growing industries in the United States, fast approaching a total value of $10 billion. Total revenue and gross profit have witnessed solid growth during the period 2017–2019. In 2019, revenue totaled $1,508,390, 11% higher than $1,355,520 in 2017. Regardless of the current state of the economy, the industry’s strength is due to two groups most likely to use medical spas and to want cosmetic procedures in the

 

Support & Training:

Current owners are willing to provide up to 40 days of post-sale training, at no cost, to assist the new buyer and ensure a smooth transition. They are also ready to sign a standard two-year, non-compete agreement with the new owner.

Reason for Selling:

Owners want to focus on running and growing the brand rather than the day-to-day