Seeking Non-SBA Conventional / Collateral-Backed Lender – Med-Spa Acquisition (Miami, FL)
October 31, 2025
by a searcher from Johns Hopkins University in Gaithersburg, MD, USA
I’m acquiring two operating medical spa locations under the Solea brand in Miami-Dade, Florida.
Deal snapshot:
• Asset purchase ($2.75–3.15 M)
• TTM SDE ≈ $675–700 K (QoE completion Nov 7)
• $1.4 M seller financing @ 5 %, 66 months
• ~$3.4 M in equipment and build-out collateral
• Seeking $1.6–1.9 M non-SBA conventional or collateral-secured term facility (≈ 7-year amortization, 10–12 %)
I’m looking for lenders or credit partners that finance profitable, asset-rich healthcare or service businesses outside the SBA program.
Equity and working capital are covered — I’m focused on finding the right debt partner.
— Greg Bardwell
Managing Member, Saturn Spas LLC
redacted
Tags: #Financing #Healthcare #AssetBasedLending #ConventionalLending #SearchFunds
from Massachusetts Institute of Technology in Portland, OR, USA
from Johns Hopkins University in Gaithersburg, MD, USA