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Massage - Acupuncture - Retail - Long Established - Great Lease - Netting $4989 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$150,000 (AUD)
Sales Revenue:
$624,000 (AUD)
Cash Flow:
$259,428 (AUD)

Massage and acupuncture - Massage is 90% of the business and acupuncture 10%. - 7 treatment rooms - Average spend per head at present is $80-$100. - Customers are mostly middle aged. - Thurs. Fri. Sat. and Sun.all rooms are full from noon to finish. - Mon. - Wed, - 4 rooms full per day. - Keen vendor - Price just been dropped by $50k.

Potential
Add threading and waxing and reflexology. - Slimming machine included in the sale - All of these are opportunities if rented out and are allowed on the lease.

Features
Remedial massage and acupuncture are GST free. - Fabulous lease which allows many services. - Accepts private health insurance and this rebates 80% of the fee. - Strong business with great opportunity to increase sales.

Premises
This business has an area of 68 sq. mts. including reception area

Location
Top location is very busy Inner West shopping centre, opposite major retailer, near toilets and escalators

Trading Hours
7 days - Mon.- Tues.- Wed. - Fri. - 9.30 a.m. - 6 p.m. - Thurs. - 9.30 a.m. - 9 p.m. - Sat. - 9 a.m. - 6 p.m. - Sun. - 10 a.m. - 6 p.m.

Lease
Current lease expires June, 2022. - 2% increases per annum. -Bond / bank guarantee is 3 months. - Please note no nail treatments allowed in the lease due to the odour

Employees
8 full timers + owner

Comments

Property Information

Location:

Top location is very busy Inner West shopping centre, opposite major retailer, near toilets and escalators

Business Operation

Expansion Potential:

Add threading and waxing and reflexology. - Slimming machine included in the sale - All of these are opportunities if rented out and are allowed on the lease.

Trading hours:

7 days - Mon.- Tues.- Wed. - Fri. - 9.30 a.m. - 6 p.m. - Thurs. - 9.30 a.m. - 9 p.m. - Sat. - 9 a.m. - 6 p.m. - Sun. - 10 a.m. - 6 p.m.

Employees:
8 full timers + owner
Years established:
12 yrs

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