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Weight & Inch Loss Salon In Unique Location For Sale
Loughton, Essex, United Kingdom
Financials
Asking price: £25,000
Sales revenue: < £200k
Net profit: < £100k
Fixtures value: £5,000
Stock value: Undisclosed
Business description
Total Hypoxi (www.totalhypoxi.com) is a proven inch loss system combining vacuum and gentle exercise. Modern salon in high income area. Private parking for clients, experienced therapists. Low overhead, suit owner-operator for maximum profit
Years established: 2007
Employees: 3-5 trained therapists, hourly paid
Trading hours: 9am - 7pm or as required
Relocatable: This business can be relocated.
Property: Leasehold
Lease terms
Rent £15,000 pa, Service charges £1,900 pa. Expires July 2009 with 3-5 year extension available
Location
Located in busy Church Hill, an extension of Loughton High Road, a prime high street location. Former Beauty salon converted in 2007. High vehicular traffic, 4 private parking spaces. Situated in the heart of the 'Golden Triangle' of Chigwell, Loughton and Buckhurst Hill - one the UK's highest income earning areas.
Expansion potential
Hypoxi is a proven, effective inch loss system combining gentle exercise and vacuum. National marketing support is provided by a central company (no cost). Clients are mostly female. Income is £6k to £15k per Month, depending on time of year and promotional activity. Potential income is in excess of £20k per month. Average costs are £4-5k per month excluding depreciation of exercise equipment. Fixed overheads are low so high traffic is straight to the bottom line. Would suit an owner-operator or partner-operator to maximise profits. 4 exercise machines purchased new in April 2007 (cost £100,000) available for Lease or cash purchase.
Competition / Market
There are over 2,500 Hypoxi salons throughout the world, including many in the UK. The 'Total Hypoxi' business offered has a contractual 5 mile radius exclusivity.
Support & training
Full training support is provided by Hypoxi. National marketing support is also provided at no cost
Reasons for selling
Owner purchased for daughter who intends to relocate to USA
Financing available
Exercise Equipment (cost £100k) can be available on a Lease basis


