100K PASSIVE INCOME - 2 location tanning salon Gwnt Co

Buford, GA (Gwinnett County)

Seller Financing Available
1of2locations
Contact Seller

Asking Price: Get Financing: $329,000

Cash Flow: $100,000

Gross Revenue: $340,335

EBITDA: $100,000

FF&E: $200,000

Inventory: $5,000

Lease Rate: $17.50 /Year

Established: 2003

100K PASSIVE INCOME - 2 location tanning salon Gwnt Co

Get Financing Save Print Share Valuation Report

Business Description

Listing #160520ORTA

HOT TANNING SALONS FOR SALE – 2 LOCATIONS!

Make big money as an absentee owner while having fun and the opportunity to grow. The business consists of 2 excellent, clean, state of the art tanning salons in excellent locations. Both these salons are profitable, have excellent books and records and are top of the line, easily run and easily managed.

The seller has a job promotion to Florida for his full time position (these 2 tanning salons are additional income run absentee), and wishes to move on it.

• ¨ 2016 Cash Flow $60,000
• 2017 Cash Flow $100,000+ (call for explanation of increase)

The salon has high quality tanning beds, including leg tanners, shoulder tanners, stand up tanners and Magic Tan Spray Booths.

Investment Highlights

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

FACILITY

Excellent Location - The tanning salon operates from 2 locations in busy shopping centers in Gwinnett County, GA.

• Location 1-
Monthly rent –
Term –

• Location 2-
Monthly rent –
Term –

PURCHASE PRICE AND TERMS OF SALE

- Asking $329,000
- Seller financing possible or cash gets discount!

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 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:
2 locations in excellent, busy shopping centers.
Competition:
limited, but as is typical
Growth & Expansion:
ways to grow and expand through adoption of membership pricing, addition of services and more
Financing:
TBD
Support & Training:
1 month included
Reason for Selling:
seller has job promotion to move out of state
Contact Seller

Contact the Seller

Contact Seller Loading

Richard S. Burgess

Business Listed By:
Richard S. Burgess

Priority Business Acquisitions Inc.

Show Phone Number

View My Listings

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

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1272541 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings