Profitable Tanning Salon & Spa Growing Absentee run Golden oppertunity

Lilburn, GA (Gwinnett County)

Seller Financing Available
Profitable Tanning Salon & Spa Growing Absentee run Golden oppertunity
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Asking Price: $69,000

Cash Flow: $35,000

Gross Revenue: $90,000

EBITDA: N/A

FF&E: $50,000

Inventory: $2,000*

Rent: $2,800 /Month

Established: 2004

*not included in asking price.

Profitable Tanning Salon & Spa Growing Absentee run Golden oppertunity

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Business Description

This Tanning salon & spa is located in a very busy intersection in a high traffic area of a North West metro Atlanta area. This is an affluent area of Gwinnett county. This Tanning salon & Spa has been in business for over 12 years & has built up a good customer base with addresses, phone numbers, cell numbers, email addresses & whole lot more info about each customer. This is a gold mine waiting to be explored via email campaign, text message VIP club membership, etc. This is a cash cow with no franchise fees & no restrictions for the buyer to make changes & to add-on other profit centers like Mystic booth spray tanning, Body Wrap, Microderm Station, Facial Back bar, Waxing station and etc. It offers custom air brush spray tanning but it is not advertised & talked about to the customers. It sits on the back of the tanning salon where nobody sees it, It is a shame, when it is the growing sector of the business.
This salon for sale is fully staffed with experienced & knowledgeable employees. The current owner is an absentee owner who purchased it a year ago for his daughter who decided to go back to college. You have a choice to keep the employees or not, or pick & choose. Everything including fixtures, furniture & equipment are all free & clear. There is no debt on any equipment or any asset. Only $29K down payment is needed for a qualified buyer. Owner will finance the rest, or pay all cash & negotiate the price down. That is less than the price of a car for a lot of folks. This is priced for a quick sale. Act now. Just complete the attached CA form, email or text it to Nick, then call Nick on his cell phone at 404-405-4069 to get the address & all the info you need to close the deal.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
11/30/2017
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
It has 10 Tanning booths: 2 level one standard bed, 2 level two super beds, 2 level three turbo beds, 2 level 4 Stand-up cyclone booth, 1 red light therapy bed for skin rejuvenation, 1 Norvel professional air brush custom spray tan booth and lots of tanning lotions & skin care products.
Competition:
In this affluent part of town, there is plenty of demand for your type of service. Your role is to keep your clients & take theirs with a better service, friendly, knowledgeable & better staff, attractive pricing & product mix, super clean & sanitary facility & super location which you already have. There is only one other tanning salon within 5 mile radius.
Growth & Expansion:
Many new homes & sub divisions are sprouting out on the roads leading to the salon. You can add: Tooth whiting service, Laser treatment, Weight loss products & services, full Waxing service, Line of clothing, accessories, & many other add on profit centers.
Financing:
With $25K downpayment, seller will finance the rest for a qualified buyer. No brainer
Support & Training:
One week of training will be provided at no additional cost. Also 6 months of phone consultation during work hours at no cost to buyer.
Reason for Selling:
Seller works in Atlanta. Daughter who ran it decided to go back to college.
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(from currently available funds)
 
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Nick Modares

Business Listed By:
Nick Modares

Business Brokers Inc./Atlant Business Ad

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

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