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The laser day SPA is situated on the ground floor of a high rise apartment block, which in turn is surrounded by other apartment blocks. It is right next to a train station and is in probably one of South Sydney's most densely populated areas. The apartments have all been built in the last few years and the area is wealthy and well maintained.
There is no surrounding competition and the clinic has a client database just short of 2000. The current owner started the business from scratch and has done the hard yards in making the business profitable.
The clinic has been operating for six years and is growing year by year, it has a good reputation and is owner operated. It has a good website which is ranking in the area, has good reviews in social media and directory sites. The clinic has a reception area, 5 treatment rooms, a staff area and toilets.
It is well maintained and spacious, the rent is a low $602 per week....
The lease is 4 years, plus a 5 year option, which leaves plenty of time to recoup your investment.
This is a great business that can be taken to the next level and has excellent growth potential. A new owner can come in and start making money day one, this is not an owner wanting to get out of a failed business. This is an owner that has been offered a better opportunity and is moving on.
The financials are backed up with two years P&L and four BAS's, so you can be sure of the income and expenditure. With a little investment in new equipment the offerings could be expanded and the business could offer even higher profit margin services.
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