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#Business ID: 16599

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Outstanding Health & Wellness Spa –Berkshire

Business Location: Berkshire, England

Asking Price: £ 69,995 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Location:
This salon occupies a town center, high street location in a thriving and affluent town in Berkshire. It is close to several car parks and a shopping center.

Premises:
The spa measures approximately 1,200 sq ft.
There are 3 treatment rooms with showers and steam chambers, 1 consultation room,
kitchen, staff room, WC, storage area, and reception All treatments rooms are decorated to an exceptional standard and the custom-made Ayurvedic massage equipment is made from medicinal wood.

Business:
The business opened in August 2006 with the aim of making the profound benefits of Ayurveda easily
accessible for everyone. The town center location is very convenient and easy to get to, and appointments can be tailored around the client’s schedule.

The key areas of business are:
ï‚· Ayurvedic healthcare, comprising consultations and tailor-made detox programmed on a day care basis.
ï‚· Ayurvedic massage and beauty treatments, which cater both to individuals with an awareness of Ayurveda as well as those who would like a massage either for relaxation or localized pain alleviation.
ï‚· Training in Ayurvedic massage techniques as well as Ayurvedic principles.
ï‚· Residential retreats, which can either be group or private.
Included in the sale: Full Ayurvedic massage equipment, high-end spa management software license, computer equipment. Also included in the sale is a well optimized website.

Growth Areas
There are a number of prospective revenue streams that have significant prospects, but are currently not appropriately targeted:

ï‚· Ayurvedic training is currently an under-developed service in this business, but has great potential for growth. There are very few genuine Ayurvedic training providers in the UK, whilst there is a substantial and growing interest in Ayurvedic treatments from therapists, who are always keen to learn new styles. This is a high margin service.
ï‚· Residential retreats have substantial potential for growth, although it has not been fully developed as yet. In partnership with a local hotel the business is now able to offer private residential retreats on any weekend.
ï‚· On-site chair massages, Ayurvedic consultations and seminars for corporate clients is another area that has excellent growth potential. Once a contract is signed with a company, it virtually guarantees a fixed income every month. There is also excellent scope for cross-selling services to interested company employees.
ï‚· Roll out of Oasis Therapy to offer sports massage, reflexology, reiki and osteopathy.
ï‚· Beauty services are limited at present, but there is a huge opportunity to grow this side of the business.

Turnover
Latest figures demonstrate sale of over £162,000 per annum.

Staff
1 full time and 1 part time receptionist. Plus there is a team of 8 self-employed therapists and 3 self-employed consultants working on a rota. The vendors are not involved in the day to day management of the business.

Trading Hours
Mon - Fri 9am – 8pm, Sat 9am – 6pm and Sun 10.30am – 4.30pm

Tenure
A new lease will be available to a purchaser (subject to status) with an initial rent of £24,000 and terms to be negotiated.
Business rates are £10,000 per annum.

Reason for Sale
The salon is currently owned by two partners; neither of them is involved in the day to day running of the business and they have now decided to concentrate on other business interests.

Asking Price
£69,995 plus stock

Comments
Here is a rare opportunity to fully develop this beautiful fully equipped health spa in an enviable
location. A committed owner/partnership should reap considerable benefits and the potential of this up market salon is paramount. Viewing is essential to appreciate the uniqueness of this beautiful and popular salon.

Property Details

Property Type:

Lease

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