| Thai Massage parlour in North Tyneside |
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| B4S Reference: |
25383 |
| Asking Price: |
£10,000
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| Net Profit: |
£20,000 |
| Sales Revenue: |
£40,000 |
| Number of Staff: |
1 |
| Established For: |
1 Years 9 Months |
| Ownership: |
Leasehold |
| Location: |
Cullercoats, Tyne and Wear, United Kingdom |
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Suwanan Thai Massage is an established family-run business based on the Marden Estate, close to other businesses including a sandwich shop, cafe and pharmacy. It was established in 2009 and having built up a loyal customer base, the proprietor wishes to sell the business to concentrate on family commitments. The parlour continues to trade and includes a massage table and a selection of oils, and was extensively refurbished in late 2009. Permission was recently granted to extend the rear of the property which would allow room for an additional room or shower facilities.
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Property: |
Leasehold |
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Lease Terms: |
Until October 2016, break clause at October 2012 (one year notice required). Rent subject to VAT but no service or administration charges apply. |
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Current Rent: |
£110 per week |
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Living Accommodation: |
No |
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Location: |
High street location on Marden Farm Estate close to the Broadway |
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Phuket Island in Newcastle. Very little other direct competition besides self-employed individuals working from home. |
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Permisssion granted to extend at the rear of the premises. Other forms of massage could be offered besides oil, traditional Thai, foot and head/shoulder massges currently offered. |
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Can offer advice re professional training. |
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To spend more time with family |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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Mon-Fri 12-8pm, Sat 12-6pm, other times available on request. |
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Currently no employed staff but self-employed individuals are regularly called upon to assist during busy periods. |
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