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Profitable Brighton Beauty Therapy & Spa Business for Sale, Close to Town Centre

Brighton, East Sussex
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Beauty Therapy & Spa for Sale in Brighton & Hove Photo 1
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Beauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & HoveBeauty Therapy & Spa for Sale in Brighton & Hove
  • Status

    FOR SALE

  • Date Submitted:

    18/05/21

  • Advert ID

    276806

  • Leasehold: £80,000
  • Rent: £15,500
  • Turnover: £150,000 (£2,885 Per week)
  • Net Profit: £50,000 (34% Profit margin)

Key Features

  • Prime Location
  • Accounts Available
  • Attractive Business
  • Town Centre location
  • Established Business

Business Details

Beauty Therapy & Spa for Sale in Brighton & Hove

As we emerge from lock-down the opportunity arises to acquire Mermaid Island Therapy & Spa an established beauty and wellness business located in the Seven Dials area of Brighton close to the town centre and the seafront.
Mermaid Island is offered for sale as an ongoing and profitable business benefiting from a regular and returning clientele and excellent ratings on Trip Advisor and Treetwell.

Sale can be arranged on either of the following basis:

1) Outright sale for £80,000
2) Extended sale - £40,000 initial payment with earn-out of balance to £80,000 over 36 monthly payments.

3) Business takeover with business rent of £2,000 per month with a view to future outright purchase.

Currently, the business offers massage, beauty and waxing treatments, including:
Massage Therapies
Men's Waxing
Eyebrow & Eyelash Treatments
Classic Facials
Ladies' Waxing
Gel, Acrylic & Nail Treatments

The property consists of a ground floor entrance from Dyke Road leading to Reception Area and treatment room. Stairs lead from the reception area to the basement where there is a common seating area, a further three treatment rooms, a staff room and a toilet. To the rear of the property are a storage area and parking space for two cars.

The business is emerging strongly from the pandemic closure of lock-down returning to pre-covid levels of turnover. The current owner will provide initial training in running the business.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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