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Listing ID: 2906681

Park Slope Laser & Aesthetic center For Sale

480 5th Ave Brooklyn NY 11215, Kings, New York, United States

$ 1m to 5m

Revenue: $ 1m to 5m

Cash Flow: $ 250k to 500k

Business Description

Park Slope Aesthetic center is a unique fully equiped Beauty salon on 5th Ave Brooklyn.
2 Floor 3000 sq ft. Specially designed interior and best in the world equipment.
More then 100 procedures could be done for every client from age 18 to 70+
More 2000 Client bace.

Property Details

Size:

3000 sq/ft

Years Established:

2

Property Type:

Lease

Other Details

Business Location:

480 5th ave Brooklyn NY 11215

Premise Details:

3000 sq/ft 2 floors

Planning Consent:

Park Slope Laser Center. 5 Years projection of business increase. Park Slope laser Center was opened in October 2016. We start advertising and promoting this business at the beginning of our operations but the real work was started at January 2017. During the year 2017 the business has acquired 980 clients. The balance was negative, but by March 2018 we acquired 2300 clients, accordingly the business starts to bring significant profit. Gross monthly profit on March 2018 was about $90,000. I have to admit that our expenses for laser equipment around $50,000 per month, the buyer/ new owner wouldn’t pay it and this amount would be his net profit. From January 2018 to June 2018 the business clientele base and gross profit increased by 3 times (approximately 300%). On May 2018 the business got approval for financing of all services provided for the clients. (Carecredit and GreenSky) It means that those patients who couldn’t afford high priced procedures can take financing for 0 or very low APR. And that really helped to increase revenue for the last few months. We are expecting to increase clientele base up to 4000 active clients on the next 6 months and increase gross profit to $180,000 per month. The business can provide services to 10,000 clients with 300 different procedures, its 4 times more clients than we serve now. During 5 years period of operation this business has a real capability to earn up to $500,000 gross revenue per month. The potential of Park Slope Laser Center is to provide services to 60-100 clients per day. Great location, Big enough space of the business, the best of the art equipment can give about $6 millions a year gross revenue.

Operation Details

Employees:

9

Trading Hours:

7 days a week from 10 am to 7.30 pm

Support & Training:

Full training and support provided

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