How does the business operate on a daily basis?
For the Retail Store, clients make appointments by phoning in or via the website. Clients pay upon completion of the treatment. They also buy some retail items when they leave.

The second business is online, and clients order products that are stored at the retail store and then delivered via courier. Items are paid for upfront.

How are the clients attracted to the business?
Word of mouth
Referrals
Social media advertising

What Advertising/Marketing is carried out?
Google Adds
SEO Add words
Instagram
Facebook

They make use of an external marketing firm

Does the business have any contract work?
No, they don't

What competition exists?
There are other businesses in the area, but none that offer such wide services and that have been around for this length of time.

What are the seasonal trends?
Winter tends to be slower than summer

Is the business VAT Registered?
yes

What VAT documentation is on file?
It will be made available under due diligence

Are there up-to-date Management Accounts available?
Yes, till Feb 2025 and current can be easily produced

What percentage of the business is cash/credit?
The business is all paid upfront in cash or card

How could the profitability of the business be improved?
Add more of the same machines
Add different machines to expand into the health sector.
Increase products by adding new ranges.
Start a mobile offering.
Increase targeted marketing

Is Seller finance available and for what amount?
The seller will consider such offers, provided a big portion is paid upfront

What is the total staff complement?
2 x Somatologist
2 x Nail Techs, 1 of which is part time
3 x admin/reception staff
2 x cleaners, 1 of which is part time

Do any receive special perks or incentives?
Nothing outside of a salary

Are they on contract?
All staff are on contract

Do any have management potential?
Yes, there are two staff that have management potential

How involved is the Owner in running the business?
The owner runs the business on a daily basis but doesn't work in the business. There are staff that take bookings and perform the treatments plus sell the products in-store

The business can however be manager run.

How will the handover work?
Outside of the guaranteed 30 days handover, the seller has indicated their willingness to stay on for an extended period of time to ensure the handover goes smoothly. The specifics can be negotiated

When does the current lease end?
The lease ends March 2026

Is there an option of renewal & what period?
Yes there is

What is the annual escalation %?
The current lease increases at 8%

What are the trading hours?
Week Days: 8am to 6pm
Saturdays: 8am to 4pm
Public Holidays & Sundays: 9am to 1pm

What is the square meters of the business?
198 square metres

Is a copy of the lease available?
Yes

Do you require a licence?
No specific license required

What extra facilities doe steh premises offer?
The landlord installed solar and the business runs of a generator if required

There is also a borehole to ensure water interruptions are at a minimum

What are the main assets of the business?
Salon equipment like tanning booths, Laser slimming and treatment machines, Ultrasound machines, hydro machines tables, chairs and fittings

Are any items not included in the sale?
Everything is included. This includes the Retail and online store

What is their overall condition?
Everything is in working order

Do any require repairing?
No repairs required

Which assets are on lease/HP and with whom?
Nothing is on HP, all the assets are owned

Are they presently insured?
Yes they are

Strengths?
Long-standing business
Well-known
Loyal following
Many referrals
Highly qualified and trained staff

Weaknesses?
Open retail hours, 7 days a week

Opportunities?
Add more of the same machines
Add different machines to expand into the health sector.
Increase products by adding new ranges.
Start a mobile offering.

Threats?
This is luxury purchase, but they have seen increase in sales when times are tough because woman still want to feel beautiful.

What is the reason for the sale?
Owner has other businesses that needs her attention and focus

Why is this a good business?
This is a well-run, well-known and long-standing business. A new owner can work on expanding the business instead of building it from scratch. The seller is open to remaining on for many months to ensure a smooth handover

The premises has solar, a generator and a borehole to ensure business continuity.