Turn-Around/Turn Key opportunity with new franchise spa

Atlanta, GA (Fulton County)

Seller Financing Available
Turn-Around/Turn Key opportunity with new franchise spa

Asking Price:$75,800

Cash Flow:N/A

Gross Revenue:$82,185

EBITDA:N/A

FF&E:$47,152

Inventory:N/A

Rate/Sq. Ft.:$36.00

Established:2015

Turn-Around/Turn Key opportunity with new franchise spa

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Business Description

This is an opportunity for a turn-around specialist or and spa searching buyer to acquire a new spa, in operations since Feb 2015, at a heavily discounted price.

The current seller came from a 30+-year career in government services and wasn't fully prepared to start-up a new SPA with over 6 employees.

Unfortunately, the non-adequate marketing combined with some building long term maintenance issues brought this business down. Everything has been addressed lately, but not fast enough.

What's offered:

1. A new, beautiful decorated and fully equipped/operating spa located between Midtown and Buckhead with a great street visibility.
2. Staffed business with trained therapists ready to work with the new ownership
3. Franchise support, attractive membership programs and market reputation.

The price doesn't include the franchise transfer fee.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,205
Lease Expiration:
8/5/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2208 sf new elegant spa located on a main road in Atlanta.
Growth & Expansion:
Strong growth opportunity given the near-by market
Support & Training:
2 weeks
Reason for Selling:
running out of reserves
Franchise:
This business is an established franchise

Listing Statistics for Premium Members

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Jon Roman

Business Listed By:
Jon Roman

Transworld Business Advisors of Atlanta

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The Georgia Association of Business Brokers (GABB).

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