Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Multi Faceted Wellness Destination- Incorporating Coffee Shop, Health & Beauty Spa, Ladies Only
LISTING DETAILS
Firms For Sale ID:
26487
Vendor reference:
CO143
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£95,000
Turnover / revenue:
£300,000
Net profit / cashflow:
Undisclosed
Trading hours:
Gym: 0800-1930 6 days (-1730 on Saturdays)
Coffee Shop: 0830-1630 6 days (and occasional evenings with themed nights)
Spa: 0900-1730 6 days (late night Thursdays also)
Number of employees:
9
OTHER DETAILS
Reason for selling:
Health reasons.
Support and training:
The owner will provide a seamless handover for a period to be agreed as part of the sale process.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
They are leasehold. Current lease is a 5 year one with 3 years remaining.. The current rent is circa £4,000 per month. Rates are £14400 p.a.. All services are connected to the building. Total floor area is circa 7500 square feet.
BUSINESS DESCRIPTION
Multi Faceted Wellness Destination- incorporating Coffee Shop, Health & Beauty Spa, Ladies Only Gym and Retail Area
Ref.CO143
Location Shropshire
Asking Price £ 95,000
An outstanding opportunity to acquire a truly unique and dynamic business that has been carefully developed to provide a comprehensive and healthy range of services to a highly appreciative and growing customer base. This family run business was set up to provide customers with a setting where they could spend the entire day should they so wish providing a comprehensive range of products and services in a variety of key leisure/health areas. Such is its success to date that the business has become a real destination setting to customers, made even more desirable by the fact it is situated in such a wonderful and historical building that lends itself to enjoyment and relaxation.
The business has 3 core revenues streams at present:
• 70 cover coffee shop providing host of drinks, beverages, light lunches, snacks and cakes in idyllic surroundings many of which are gluten free.
• Fully equipped Spa providing comprehensive range of health and beauty treatments from fully trained therapists
• Ladies only Gym utilising high-tech modern equipment to provide effective 30 minute metabolic workout
The coffee shop is ideally located and inviting to all age groups be it young mums or elderley clientel. The gym currently has an active membership or circa 150 (with a further 250 names on the database) and this continues to grow month on month , as do sales revenues and profitability. Attrition rate is low such are the service levels and successes gym members enjoy.
Expansion Potential
This dynamic business has enjoyed impressive growth to date and this trend is expected to continue such is the ongoing demand for its offerings. Memberships are increasing and customer spend is too with many regulars using more of the services available. The business is still relatively young and its reputation is generating new business all the time.