32 min listen
Heather gives a master class on Med Spas - Acquisitions Anonymous 229
FromAcquisitions Anonymous - #1 for business buying, selling and operating
Heather gives a master class on Med Spas - Acquisitions Anonymous 229
FromAcquisitions Anonymous - #1 for business buying, selling and operating
ratings:
Length:
28 minutes
Released:
Sep 19, 2023
Format:
Podcast episode
Description
In this episode of Acquisitions Anonymous, the hosts discuss a Med Spa business for sale with an asking price of $3.8 million. Heather drops knowledge into the Med Spa industry, including compliance requirements, types of treatments, and business prospects. While the business generates a cash flow of $269,000, the significant challenge is the inclusion of $3 million in real estate, which poses financing and cash flow issues. Heather also mentions the importance of analyzing the mix of services, especially recurring services like facial injectables, and the potential for growth in the industry. Overall, it's a valuable episode for anyone interested in Med Spas and the complexities of buying such businesses.Thanks to our sponsors!Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Released:
Sep 19, 2023
Format:
Podcast episode
Titles in the series (100)
Acquiring a Houston Bar, A Mud Beauty Mask Co, Another Beauty Mask Co - Acquisitions Anonymous e2 by Acquisitions Anonymous - #1 for business buying, selling and operating