 | New Price High Class Beauty Clinic For Sale Birmingham, West Midlands, United Kingdom Advert ref: TRB.1343 FINANCIAL DETAILS | Asking price: £50,000 Sales revenue: £156,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership are pleased to announce a significant reduction in asking price for this luxorious and well established high end beauty clinic, located in a prime position.
Business activities include all types of beauty therapy including manicures, pedicures, foot spa, facials, waxing, massage, spray tanning, anti-ageing clinic and beauty product retail. Only top quality skincare products are used in the clinic including Environ, Guinot and Espa, together with Nailtiques and Jessica Nail Care products.
The owners have made considerable investment in high quality fixtures and fittings and equipment. An impressive inventory is fully owned by the business and included in the sale. The business enjoys a strong and sustainable turn-over with potential for further development and is operating from a healthy financial position which will stand a purchaser in good stead for future development.
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GENERAL INFORMATION | Years established: 4
Employees: The business is managed on a day to day basis by one Director with two full time members of staff (40 hours per week) and 5 part time members of staff working between 7 and 20 hours per week each. Part time cleaners are also employed working approximatley 7 hours per week.
Trading hours: Generally 10am to 8pm Mon to Sat
Property: Leasehold
Lease terms
Approximately 3 years remain of an assignable 5 year lease at current annual rent payavbpe of £20,000 per annum.
Location
The business is located in a prime position along side excellent compliemntary businesses within the heart of an affluent South Birmingham.
Expansion potential
There is excellent potential to expand into other lucrative beauty lines such as Botox.
Reasons for selling
Overseas Opportunities
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
