Choose Your Country
X


UK FlagUK
Fri, Sep 20 2019 07:14:40 AM  |  /

Luxurious Spas specialising in Spa rituals, body massage, facial treatments

Business Id:000317     |    Reference: CQ197
Leasehold Price:
£250,000.00
Business Description

Luxurious Spas specialising in Spa rituals, body massage, facial treatments and retail
2 High Profile International Hotel Locations
Ref. CQ197
Location : London, West End & Bankside
Asking Price : £250,000

business offers luxurious high end treatments with a focus on the quality & luxuryof the customer journey; specialising in Spa rituals, facials, body treatments & nail care for both Men and Women. It has an excellent reputation for high quality treatments in a tranquil environment.

Activities within the business break down into three parts:

2. London Hotel spa locations
The business considers itself to be a relaxed haven in the centre of London, offering the latest techniques in global spa treatments and using the finest products available to the industry. Located in two very high profile International Hotels, the business’ spa’s promise top-to-toe pampering from a team of highly qualified and experienced therapists. Customers can choose from a comprehensive range of highest quality treatments and services from around the world or indulge in one of the carefully crafted packages.

Not surprisingly, the spa enjoys a good level of patronage since the Hotel locations have a very high level of footfall and the mobile service has a very high level of repeat custom. The target market for the spas is very much the affluent residents of this area in London and its visitors.

This opportunity is an ideal business for anyone looking to establish a foothold in the day spa/health and beauty sector or for someone already in the sector looking for a strongly performing, additional business to bolt on to their existing activities.

The Company has the following key attributes:

• Sophisticated presentation
• Highly skilled, loyal team of therapists
• Appropriately furnished, attractive premises
• Excellent growth and expansion opportunities.

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Spa 1: Turnover circa £268,000, Outcalls circa £100,000 per annum
Net profit circa £20,000 per annum (before drawings)

The spa’s have a very well designed and informative website and performs very well in all of the major search engines for all appropriate search terms.
Other marketing is carried out within the hotel environments.

There is certainly an increasing consumer demand for spas at all price points with further sustained growth being anticipated in this sector. This business is expected to continue to benefit from Central Londons higher net worth population and the reputation London enjoys with tourist and commercial visitors.

The vendor has other business interests and has been unable to commit the time required to ensure that this business achieves its full potential.

The leasehold premises are in great locations and are highly attractive and sophisticated with an inviting atmosphere. The premises are designed and refurbished to a very high standard including a comfortable air conditioned environment. Anyone walking in can feel the ambience and relaxed mood.

Monthly rent and rates are:

Spa2: £2,100 +VAT

Monday - Sunday: 10:00 am – 8:00 pm.

The spa’s have a great staff structure known for being knowledgeable and friendly. There are 2 full time management/receptionists, 4 full time therapists, 1 part time therapist and ad-hoc self employed therapists for busy periods; all offer a highly personalised customer service.

Full business familiarisation, training and handover will be provided for a period of time to ensure a smooth transfer of the business to new owners.

The vendor has not been able to commit fully to this business due to other business interests and wishes a new owner to take the business on and take it to its true potential.

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 

Business Information
Turnover:£328,000.00 Annually
Profit:£146,000.00 Annually
Property Status:   Leasehold
Leasehold Term: Monthly rent/rates are: Spa1: £8,400 Spa2: £2,100
Is this business relocatable: No
Business Sector: Health farms, Beauty Salons, Health Spas
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:

Related Property