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Fast Growing And Profitable Beauty Centre In Varna For Sale

Varna, Bulgaria
Asking Price:
€175,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
€100K - €250K

The business was established at the beginning of 2019 and managed to become the leading beauty center in Varna due to its’ large number of professional services. The center consists of several studios, fully equipped with modern appliances. Only high-class products are used, which have proven properties and positive effect. The center has an excellent location, qualified medical staff and constantly growing client portfolio.

Business strengths and competitive advantages
- Trained staff with medical qualifications, excellent professional competences and years of experience;
- Loyal clientele – 4500+ clients in dB;
- Provision of quality services using high-class equipment and products;
- Excellent location and high-class own equipment;

Business is profitable and financially self-sufficient. Currently, the company has no obligations to financial institutions.

The asking price includes:
- Specialized modern equipment for beauty and cosmetic procedures at total market value of approx. EUR 100K;
- Devices, appliances and furniture at approx. EUR 30K
- Commercial know-how;
- Databases and contracts with staff, clients and suppliers;
- Intellectual property - website, profiles in social media, licences, etc.;

Property Information

Real Estate:

Lease

Lease Terms:

5 years renewable

Location:

Prime location in Varna centre with car parking nearby

Premises Details:

The beauty center is housed in rented premises which are in excellent condition

Size in square feet:
1,900

Business Operation

Expansion Potential:

In short term, it is planned to increase revenue by:
- Offering new procedures provided by a dermatologist;
- Increasing the number of beauty studios, leading to an increased number of served clients

Reasons for selling:

Change of residence

Trading hours:

Mon - Sat 9am - 7pm; Sun 10am - 5pm

Employees:
6
Years established:
2019

Other Information

Support & training:

The owner is ready to provide introduction and training. Negotiable terms.

Financing available:

Seller financing may be available. Negotiable terms.

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Relocatable:
This business can be relocated.