Successful Thai Massage Parlour In D1 Licenced Shop For Sale Whole Or Partnership | | Hendon London | | The Business Partnership is pleased to market for sale this successful Thai massage parlour in NW London, or a negotiable % partnership in it. | | ADVERT NUMBER : 70699
ADVERT IMPRESSIONS : 11,205 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Therapy / Massage / Sauna | | SALE: | Agent Sale | LEASEHOLD: | £47500 | | | | | BUSINESS DETAILS: | The business was started less than a year ago in partnership with an entrepreneur who runs several, similarly branded parlours across London. The business (or share in it) is only for sale because his partner in this outlet is pregnant and cannot continue managing the operation. He may sell the whole as well. A % buyer would ideally be operationally involved, managing the salon, although there is management in place if required. The price reflects a 50% share.
This represents a superb opportunity - a low risk investment at a fraction of the price it has taken to set the business up.
KEY FEATURES:
* Part of a successful brand with multiple outlets
* Proven business model
* Great D1 licenced location with no local competitor
* Traditional Thai massage - the real deal
* Qualified, experienced staff
* Complementary Medicine Association accredited
* Low risk investment with salon management opportunity
LOCATION & PREMISES:
The salon is located overlooking a junction on a major A road in NW London. The area is largely residential with a huge residential development of several hundred units nearing completion within sight of the salon.
The double fronted shop is highly visible to passing traffic. There is free off street parking behind the salon and on the surrounding side roads. The interior is beautifully appointed, with 5 therapy rooms, a large reception and waiting area with fish spa, a further large relaxation lounge for customers to use between treatments, a staff room with laundry facilities, customer WC and shower room. Total internal area is over 1,800 sq.ft.
The business is less than a year into the new 10 year renewable lease. Rent is £28,000 per year.
Rateable value is £26,500 with rates payable approximately £14,000 per year.
There are no franchise fees payable. Instead, this is a true 50/50 partnership where best practice, group buying power and marketing ideas are freely shared between the outlets.
The partner is reluctantly selling as she is pregnant and cannot continue managing the salon. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
