Yoga and Therapy Studio for Sale in Glasgow - Find Your Flow
Undisclosed, Glasgow
- Status
FOR SALE
- Advert ID
644880
- Reference
B09359 / Rightbiz
- Call Agent:
- Leasehold: £64,995
- Turnover: £55,622 (£1,070 per week)
- Profit: £20,639 (38% Profit margin)
Business Details
Find Your Flow – Established Yoga & Therapy Studio in Growing Area
BusinessPlease quote reference B09359
CoGoGo proudly presents to the market Namrata – Massage, Beauty Therapy, Physio Sports & Training, an established and reputable wellness business founded in 2021.
The business offers a diverse range of holistic services, beauty therapy, massage therapies, physio sports and massage training, appealing to a loyal and expanding client base.
The studio is fully equipped and thoughtfully arranged, featuring three private therapy rooms that allow multiple services to operate simultaneously. With an established brand presence and professional website, the business is well-positioned for continued growth.
The sale is due to age and other business matters taking precedence. There is significant potential for a new owner to increase revenues through longer opening hours, expanded class schedules, or additional complementary therapies.
Interested parties are encouraged to get in touch with CoGoGo.
Location
Located in Balfron, the business benefits from a supportive local community and a growing catchment area. A new supermarket opening in January 2025 is expected to further boost local footfall and demand.
Premises
Well-maintained and fully equipped premises comprising three private therapy rooms. The space offers a calm, professional environment suitable for a wide range of wellness and training services.
Tenure
The business is leasehold. The current lease runs until September 2026, with the landlord open to agreeing on a new long-term lease for an incoming tenant.
Hours
The business trades on owner-set hours, providing excellent flexibility and clear scope to extend opening times to drive increased income.
Staff
The business is supported by five self-employed therapists, providing operational flexibility and controlled staffing costs.
Financial Profile
We are advised that for the year ending April 2023, the business achieved:
- Turnover of £55,622
- Net profit of £20,639
- Adjusted Net Profit of approximately £30,715
We are further advised that rent is £6,840 per annum and business rates are zero.
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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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