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Central Down Town Hair And Aesthetical Institute For Sale

Porto, Porto
Asking Price:
€220,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
€100K - €250K

On the busiest street of Oporto, located at the heart of the city downtown, well served with all kinds of public transportation, and within a 20min commute to the airport (door to door). With more than 170m2 of premium location, I have for sale or let a great business; an aesthetic and hair institute with several areas of business including beauty, medicine, laser, massage, barber shop, hairdresser, training room, office, hair prosthetic, hair treatments, office, etc. I´m direct selling to professionals that want to start their business or relocate to Portugal. It's a great opportunity to develop any kind of business services. The ROI is near a net 30% in 3 years or less depending on your business, this value is based on maintaining the current one. With a very low letting value (less than 70% of the average m2 price) in a long term listing agreement (option for more 16 years) possibility to sell the company that has the letting rights.

Property information

Real Estate:

Lease

Lease Terms:

12000/annum after 1st january19, automatically renewable for more 16 years with legal increase (0,5 to 1%year)

Leasehold Rent:

€9,000 per annum

Location:

Premium high street location, in heart of the most busy street in Oporto. Near all kind of puclic transports.

Premises Details:

in The 1st floor of a services building, with to street fronts, in total of 25 meters wide.

Business Operation

Expansion Potential:

Any kind of business

Competition / Market:

There is no other space available at such low m2 price in the most central down town, with so much potencial business opportunities to develop, and with such exposure.

Trading hours:

10am - 19pm monday -saturday

Employees:
7 (2 contract 5 outsourced services)
Years established:
2017

Other Information

Support & training:

Support 2 months if needed. Training on specific business areas avalable on request. (hair prosthetics and hair extensions) Included in the asking price.

Furniture / Fixtures value:
€60,000 - included in the asking price
Inventory / Stock value:
€25,000 - included in the asking price

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