Lyn Johnston is the proud owner of Salt And Soul, where people go to relax and recuperate through massage, salt therapy, tarot card readings, and other alternative treatments.
She has decided it is time to move on from the business she started eight years ago on her property at Jimboomba. However, the business comes with much more than the commercial rights to operate. It comes with a house and three acres of land.
For offers over $1.3 million, the next owner of 168-170 Tamborine Street will pocket Ms Johnston’s home and the entire Salt And Soul business.
“There is such a mixed emotion because I built it from nothing and renovated the property as well, but what I’m excited about is the opportunity for someone else to add to it,” she said.
The package listing comes complete with a salt cave, three therapy rooms, a coffee shop, retail space for selling homemade candles and beauty products, and all the furniture, equipment, and furnishings needed to operate from the get-go.
“It’s definitely a free-hold, ready-to-go business that will allow them to trade the day after settlement,” she said.
“I’ll be offering a handover period where I’ll continue to work within the business and I’ll help introduce the new owners to the community.”
Ms Johnston is selling to allow time to continue her other business for homemade scented candles and spa products.
She is committed to seeing the current Salt And Soul continue as a condition of the sale, rather than see it change into an entirely different operation, which would require different council approvals.
“I’ve given someone a great foundation and it’s got a great client base, but there’s more that it can offer the community,” she said.
Salt And Soul has a rotating roster of healing specialists who hire the rooms to run their sessions.
“I have specialists who want to rent out the rooms and clients who really want the business availability more than I’ve offered,” she said.
Ms Johston said the tranquil landscape lends itself well to other offerings fitting in with the retreat-style business model.
“People could have yoga out by the dam, workshops, markets, wedding ceremonies, wedding photos, meditation nights, and trade more than three days a week,” she said.
The property is set up so that the business fronts onto Tamborine Rd with the car park. Salt And Soul resides in a council approved commercial space separate to the house.
The home is nestled further back between two man-made dams and landscaped gardens for added privacy. It has three bedrooms, a granny flat, an in-ground swimming pool, triple carport, vegetable garden and greenhouse, plus several fruit trees. It also has a three-bay barn shed converted into an insulated workshop with air conditioning.
Selling agent Brooke Colledge from Ray White Marsden said it is difficult to value the property because it is such a unique situation.
“It’s a really different dynamic because we’re not just selling the home, we’re selling the business and facility under the same land title,” she said.
“The business broker we are working with has valued the business side of things at $150,000 plus stock.”
This all means that a buyer cannot, for example, only buy the business or home. The person running the business must also own the property.
“It’s all on the same title, so that means to run the business you have to own the entire facility, house included,” she said.
Ms Colledge said several people have expressed interest so far, but finding the right owner could take time given the business’ niche.
