South West Sydney
NSW
$175,000
Korean Wellness Health SpaPrice: $159,000Net Profit: $2,102 |
Visit this listing at https://www.sbx.com.au/business?id=W1980 |
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Business Code: W1980 Key Features: Korean Wellness Spa - Prime location Lower North Shore State: NSW Location: Situated in a retail area amongst shops in the Lower North Shore. DescriptionKorean 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.
Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$6,712Cost of Goods$300Gross Profit$6,412Rent$2,500Wages$1,500Insurance$150Electricity$160Total Expenses$4,310Estimated Stock (Additional)$1,500Net Profit$2,102Price$159,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Korean Wellness Health Spa
Business Code: W1980Price: $159,000
+ Estimated Stock (SAV) $1,500
Key Features: Korean Wellness Spa - Prime location Lower North Shore
State: NSW
Location: Situated in a retail area amongst shops in the Lower North Shore.
Business Overview
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.
Summary
- Key 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.
- Premises: This business has an area of 200sqm
- Trading Hours: 6 days - Tuesday to Sunday: 10:00 am to 7:00 pm
- Lease: 3 year lease from March 2025 + 3 yrs option - Bond 3 months- Rent increases by 4% per year.
- Employees: 2 staff - ( 4 professional staff who share a percentage of treatment takings with owner are not included in figures)
- Sale Reason: Private reasons
- 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
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$6,712
Cost of Goods
$300
Gross Profit
$6,412
Rent (ex GST)
$2,500
Wages
$1,500
Insurance
$150
Electricity
$160
Total Expenses
$4,310
Estimated Stock (Additional)
$1,500
Net Profit
$2,102
Price
$159,000
+ Estimated Stock (SAV) $1,500
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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.