100+K PASSIVE INCOME Hot tanning salon Gwinnett

Snellville, GA (Gwinnett County)

Seller Financing Available
pictanninggwinnett
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Asking Price: $249,000

Cash Flow: $101,594

Gross Revenue: $226,193

EBITDA: $101,594

FF&E: $150,000

Inventory: $5,000

Rent: $2 /Month

Established: 2003

100+K PASSIVE INCOME Hot tanning salon Gwinnett

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Business Description

Listing #160520ORTA

HOT TANNING SALON FOR SALE!

Make money as an absentee owner while having fun and the opportunity to grow. This business is passive, has excellent books and records and is a top of the line, easily run and easily managed profitable tanning salon. This tanning salon makes money under pa ownership in East Metro Atlanta, where there is considerable traffic.

The owner now wishes to pursue job promotion in another state.

• 2018 sales $226,793
• 2018 Cash flow $101,594

The salon has 11 high quality tanning beds, including a leg tanner, shoulder tanner, stand up tanner and Magic Tan
Spray Booth.

Investment Highlights

• A passive, fully operational, profitable and solid business
• High quality tanning beds, furniture and buildout
• Excellent employees
• A steady base of regular repeat customers
• Get this one before the next tanning season and capture its profits!

FACILITY

Excellent Location - The tanning salon operates from an ~1,500 square feet leased space in a busy, high traffic shopping
center located in Gwinnett County, GA.

• Monthly Rent: ~$3,200.00 GROSS (includes CAM, tax, insurance)
• Lease Terms:

PURCHASE PRICE AND TERMS OF SALE

? Asking $249,000

This business is priced based on its solid cash flow under absentee/passive ownership, high traffic location and ability to grow, as well as the time and establishment costs to build this business.

A 40%+ RETURN ON CASH INVESTMENT!!!

A TRUE MUST SEE – CALL FOR A LOOK TODAY!
(770) 932-6122

Priority Business Acquisitions, Inc.
www.pbabroker.com
rburgess@pbabroker.com

** Information contained in this profile is accurate to the best of Seller/Broker’s knowledge. **
** The Purchaser must verify all information before closing. **

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
12/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1 leased space in excellent, busy shopping center
Competition:
limited, but as is typical
Growth & Expansion:
ways to grow and expand through adoption of membership pricing, addition of services and more CALL FOR INFORMATION!!
Financing:
TBD
Support & Training:
1 month included
Reason for Selling:
seller has job promotion to move out of state
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Contact the Seller

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Richard S. Burgess

Business Listed By:
Richard S. Burgess

Priority Business Acquisitions Inc.

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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