Kingston Health And Beauty Treatment Centre Price Reduced For Sale

Business description

The particular highlights of the business are:
- Ideally located concern offering excellent lifestyle.
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £106,796 pa with a net profit of £47,948 (See financial summary below).
- A business with great potential which has not been exploited.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.
- The concern provides hair removal, thread vein removal, colonic irrigation, face lifting, and many other treatments.

History
Phoenix Business Transfer Agents are delighted to place onto the market an excellent, well managed and run Laser Clinic which has been established since 2003. The business has been in the hands of the current owner since 2003 and she now wishes to sell due to other ventures.

Services
This very good business opportunity provides hair removal, thread vein removal, colonic irrigation, face lifting, and many other treatments.

Staffing
The concern employs 2 full-time staff and 1 part-time staff and the wages are £10,800.

Owners Role
The owners’ role is to oversee the running of the business.

Marketing
The owner markets the business in local free papers, leaflet drops, and has a website.

Competition
As far as competition is concerned, Boots in Kingston have recently undertaken a similar venture.

Market
The client base consists of local community, business persons, some tourists and plenty of passing trade

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Sundays.
• Increasing the product line to include pigmentation and other various laser treatments.
• With an enhanced website.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.


The present turnover is £106,796 per annum with a gross profit of £95,219 and a net profit of £47,948. The present value of the stock is £30,000.
The potential turnover of the business within the next 2 years is forecast to reach £221,792.00 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.

Property information

Property:

Leasehold

Lease terms:

The original length of the lease was 10 years with 10 years remaining. The rent is £12,000 pa with a review every 3 yrs. The lease may be renewable or negotiable for longer term if required. The rates are £1,200 per annum.

Leasehold rent:

£12000pa per annum

Location:

- Situated in Hampton Wick area of Middlesex.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent parking facilities nearby.
- Industrial estates nearby.
- Area earmarked for regeneration.
- Surrounded by densely populated residential area with schools and other local amenities.
- Local population consists of business persons, tourists and local community.
- Area offers exceptional lifestyle.
- Very good tourist trade.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with A308, A307, A310 and good railway links.

Premises details:

The property is terraced and is part of a parade of shops and is approximately 40ft x 14 ft. The front is branded with an attractive glass front. The main customer service area is wooden floored. It is very well presented and is very conveniently laid out.

To the rear is a store room. There are a toilet and staff facilities and a small equipped kitchen.

Business Operation

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Sundays.
• Increasing the product line to include pigmentation and other various laser treatments.
• With an enhanced website.

Competition / Market:

As far as competition is concerned, Boots in Kingston have recently undertaken a similar venture.

Reasons for selling:

she now wishes to sell due to other ventures.

Trading hours:

Monday to Wednesday: 9.30am – 8.00pm
Thursday to Saturday: 9.30am – 6.00pm
Sunday: Closed

Employees:

The concern employs 2 full-time staff and 1 part-time staff and the wages are £10,800.

Years established:

8 years

Other information

Support & training:

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Furniture / Fixtures value:

£30,000 (included in the asking price)

Inventory / Stock value:

£30,000