For Sale
One Of A Kind Wellness Centre For Sale
London, Greater London
- Asking Price: £49,950 +SAV
-
Turnover:
We are advised as per the 2022 accounts, London Floatation Centre generated a turnover in the region of £85,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07133
Hilton Smythe are delighted to welcome to the market London Floatation Centre LTD, a one of a kind world class wellness centre offering Expert Floating, NeurOptimal Therapy, and Unique Massages services in London.
The business was first established by our client in 2013, building up an excellent reputation and repeat client base due to the wide range of services offered.
This business opportunity has now come to the open market due to our clients desire to spend more time with family.
London Floatation Centre offers an extensive range of treatments using only the best products in the industry. Their team is committed to providing you with the highest level of service at an affordable price. Indulging in floatation offers a number of key health benefits: it elevates mood, increases energy, releases endorphins, alleviates pain and stress, and allows you to reach new levels of relaxation and recovery.
Flotation therapy will help you to escape the hustle and bustle of London’s busy lifestyle and will elevate you to a new level of relaxation. Their float rooms are equipped with the very latest generation of technology-rich isopod floatation tanks providing you with a pristine and tranquil experience.
Key selling points -
- Growing unique niche
- Well established business
- Outstanding reputation
- Brilliant location (Canary Wharf, financial mecca of London)
- Free visitors parking
- Great relationship with landlord
- Large social media following
- Fantastic online reviews
- Client database is nearly 12,000 people
- Set up corporate relationships
- Offer corporate packages
We are advised that the business has 5 members of staff.
The current trading hours are -
Monday - Closed
Tuesday – 10:00am – 10:00pm
Wednesday – 10:00am – 10:00pm
Thursday – 10:00am – 10:00pm
Friday – 10:00am – 10:00pm
Saturday – 10:00am – 10:00pm
Sunday - 10:00am – 10:00pm
London Floatation Centre LTD is located in the Skylines Village, Limeharbour, in London.
London Floatation Centre based in a business village with private security and free visitors car parking.
Centre occupies the ground floor as a part of two floors building.
There is a reception area, 4 therapy rooms, lounge area, storage room and restroom.
Tenure
We are advised that the business is being sold on a Leasehold basis, with the current 5 year lease due to expire in September 2023. The current rent is £24,200 +VAT per annum, with rates payable at £353 per month.
A new lease can be made available upon further negotiations with the landlord.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
