• Listing ID: 1246834
  • (Seller ref: CL001193)

Beauty Spa And Gym SW London For Sale


Location:
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Asking price:
£275,000
Sales revenue:
£450,000
Cash flow:
Available on request

1/1


Located in up market residential area of SW London. Well established with solid client base. Very profitable and successful business. Generating an income of c£450,000 pa. Gym benefits from full range of latest equipment. Beauty Spa offers full range of treatments. Well fitted out premises. New lease to be granted to incoming tenant, neg. Rent £30,000 pa. Great opportunity.


Property:
Leasehold
Location:
Located in up market area of SW London. Sited on a secondary shopping parade close to local shopping, restaurants and supermarket.

Business
Beauty Spa and Gym that has been established for the past 3 years by the owner and in that time has built up a fine reputation. Successful and very profitable business with a very solid client base. We are advised that currently there are 400 Gym members paying rates of £450 (single) or £650 (joint) per annum generating an income of approx. £220,000 per annum.
The Gym is self operating with the assistance of 2 part time Gym instructors each earning £500 per month.

Beauty Spa designed as a sanctuary of relaxation offering a full range of treatments using the finest natural products, carried out by fully qualified Beauty Therapists. The service includes showers and free use of towelling robes etc.
The spa generates an income of £230,000 per annum. All beauticians employed on self employed basis from a pool of 15 beauticians who work as required, with a wage bill of c£4,500 per month.

The business generates a total of c£450,000 per annum.

Hours
7 days a week. Monday to Thursday 9.30am-9pm. Saturday and Sunday 8am-6pm.
Bank holidays 10am-4pm.

Premises
Mid-terrace lock up shop comprising Ground Floor and Basement with half glass frontage and signage.

Ground Floor: Reception area to the front fitted throughout with wood flooring and low level lighting. Well fitted out Beauty Spa comprising 4 treatment rooms fully equipped with treatment beds. Fully tiled cloakrooms including 2 showers and 2 wc's.

Basement: Accessed via internal stairs leading to a very well equipped gym benefitting from the latest equipment. Fully air conditioned. Cloakrooms. (Equipment list available to interested applicants).

Tenure
New lease to be granted, negotiable. Rent £30,000 per annum. Rates c£6,166 pa.

For more information about this business for sale, click the Contact Seller button.


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