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Health & Personal Care

Established Five-Star Reviewed MedSpa In Western Illinois

Illinois City, IL, USA
Listed 116 days ago

This Western Illinois MedSpa has operated under the same ownership since 2015, building a loyal patient base through consistent clinical quality and a strong local reputation. The practice holds a 5-star Google rating and generated the majority of its new patient volume through referrals and word of mouth. The owner, a board-certified Family Nurse Practitioner with over 20 years of practice is seeking to transition ownership and is willing to support a smooth handoff, including a non-compete agreement. A long-tenured RN (on staff since 2015) and two front office staff provide operational continuity for an incoming owner. The practice operates on a fully fee-for-service model with no insurance billing. It carries no outstanding debt and runs on established systems including Meevo for scheduling and EMR, QuickBooks for accounting, and multiple patient financing options. The practice service menu is focused and well-established, with room for an incoming provider to introduce additional offerings or extend hours. The patient base and brand recognition present a clear opportunity for a growth-oriented buyer to expand the practice. MedSpa Practice Highlights: · Injectables account for the majority of production (77%). • Three treatment rooms; practice is 2,200 SF • 27% growth in patient volume 2024-2025 • Average Number of New Patients/Month: 5-10 • Fee-for-service • No debt About Western Illinois · Healthcare is the single largest employment sector in this location · Cost of living runs 5% below the national average and 7% below the Illinois state average, with housing costs 25.8% lower than the national average making it an attractive place for a provider to relocate or plant roots. · Healthcare practitioners in Quincy rank among the highest earners in the area · This location was ranked by Forbes as one of the top 15 small cities to raise a family, citing commute times, graduation rates, median household income, home ownership, and cost of living · The area has limited major metro competition nearby

Location

About Western Illinois · Healthcare is the single largest employment sector in this location · Cost of living runs 5% below the national average and 7% below the Illinois state average, with housing costs 25.8% lower than the national average making it an attractive place for a provider to relocate or plant roots. · Healthcare practitioners in Quincy rank among the highest earners in the area · This location was ranked by Forbes as one of the top 15 small cities to raise a family, citing commute times, graduation rates, median household income, home ownership, and cost of living

Real Estate

Lease

Expansion Potential

The practice service menu is focused and well-established, with room for an incoming provider to introduce additional offerings or extend hours. The patient base and brand recognition present a clear opportunity for a growth-oriented buyer to expand the practice.

Competition / Market

· The area has limited major metro competition nearby

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$500K - $1M
Earnings (SDE)Last Reported
$100K - $250K
Assets Value
Undisclosed
Seller Financing
Not available

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