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Tanning & Beauty Salon In London For Sale

Notting Hill Gate, London, United Kingdom

Financials

Asking price: £179,000

Sales revenue: £200k < 500k

Net profit: £100k < 250k

Fixtures value: £80,000

Stock value: £6,000

Franchise terms
Annual Fees 8K, Maintenance 2.5K for equipment

 

Business description
Confidential Sale- Staff Unaware.

Well established with very good database. High Street Location in one of the most affluent parts of the UK and the world.Very large catchment area, scope to expand.

Years established: 2001

Employees: 3 f/t, 3 p/t

Trading hours: 10-8Weekdays, 10-6 Saturday, Sun-11amto6pm

Property: Leasehold


Lease terms
15 years from June 2001. Option to renew for a further 10. Annual rent 52,000

Location
Excellent location in a very busy part of London.

Expansion potential
Potential to add further treatments and expand.

Competition / Market
This is a well very established high street chain.

Support & training
Full training and support available. Ongoing training and support from Franchisor.

Reasons for selling
Personal reasons.

Financing available
Referral to existing finance houses.


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