Sold! Popular, Exclusive Day Spa In Centre Of City - Canberra

Business ID: BS147112

Adjusted profits of $232k + Sale Price $200,000

Due to the owner’s plan to return to family in China, they have substantially dropped the price of the business from $474k to 200k for a quick sale. In addition, for the successful buyer, they will be taking ownership prior to the busiest, and most profitable, period of the year during the last quarter from October to December.

This Day Spa is situated in the new commercial heart of Canberra. The surrounding area has seen substantial growth in high-end apartments and commercial office upgrades.

The rejuvenation of this section of the city has been nothing short of remarkable and as it gains in popularity, the business is perfectly positioned to leverage off the increased traffic and continue to build on its loyal client base.

-Renowned business synonymous with excellence in wellness and spa service
-Highly desirable location in the commercial heart of Canberra with heavy foot traffic flow
-Most profitable quarter is October to December
-Stock can be purchased or owner can take with them if not required
-Beautiful facility with 5 well-appointed treatment rooms (1-double room)
-Loyal client base and following with regular return visits
-Provides the owner with flexible working hours and minimal day-to-day management
-Operated by loyal, professional and experienced casual staff
-Excellent sales & marketing, and procedures in place
-Well-equipped with a leading range of services
-Strong market growth location with untapped potential remaining
-Long term lease – 5 years with an option to extend
-Profitable business model with sustained growth
-Perfect for investors or owner operator

The seller is prepared to negotiate supporting the handover with the buyer to ensure a smooth transition.

This business is suitable for an investor or owner/operator. There is a lot of potential to build on the present customer base. The business has rebuilt its profits through the recent trading challenges and is in a strong position to continue that success to new heights.

Asking Price: $200,000 plus Stock at Valuation (Stock can be excluded if not required)

Property Code: 2466