Korean Wellness Health Spa

For Sale

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Lower North Shore

Business Code: W1980

$159,000
+ Estimated Stock (SAV) $1500
Key Features: Prime location close to major shopping centre - Spacious and very attractive interior fittings..
State: NSW
Suburb: Chatswood
Location: Situated in a retail area amongst shops in the Lower North Shore.
Premises: This business has an area of 200sqm
Price not disclosed

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Private reasons

Sale Reason

15 yrs

Established

Close to major shopping Center car park.

Parking

2 staff - ( 4 professional staff who share a percentage of treatment takings with owner are not included in figures)

Employees

6 days - Tuesday to Sunday: 10:00 am to 7:00 pm

Trading Hours

3 year lease from March 2025 + 3 yrs option - Bond 3 months- Rent increases by 4% per year.

Lease

Korean style wellness spa for ladies. Their specialty is the Korean body scrub which is more effective than salt scrubs and involves spending some time in the saunas, steam room and bath at a comfortable 30-40 degrees prior to getting treatment. Also provides a range of other services such as massage, full body treatments, facials and weight loss and body contouring. Bookings are essential. Warm welcome by the front staff every time with a detailed explanation of the procedure and also confirmation of the treatment.

Features

Prime location close to major shopping centre - Spacious and very attractive interior fittings..

Potential

Owner couple or partnership could operate with higher income. Do more internet promotion and flyers.

Comments

Business price is not based on sales but fit out cost of Interior + inventory. Huge potential business. Owner has 5 businesses similar in Sydney and is over 70 yrs old, trying to sell all and retire. - Lots of potential. Motivated vendor - A must inspection

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$6712
Cost of Goods
$300
Gross Profit
$6412
Rent
$2500
Wages
$1500
Insurance
$150
Electricity
$160
Total Expenses
$4310
Estimated Stock
(Additional)
$1500
Net Profit
$2102
Price
$159,000
+ Estimated Stock (SAV) $1500
Price
$159,000
+ Estimated Stock (SAV) $1500

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