Very Profitable Spa and Tanning Salon Atlanta, GA (Cobb County)

Seller Financing Available
Asking Price: $120,000
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Gross Income: $147,535

Cash Flow: $43,280

EBITDA: N/A

FF&E: $26,500

Inventory: $750

Real Estate: N/A

Established: 1992

Employees: 2


To Make an offer or for more information click here Ref#GA8/11/15#6    

  Business DescriptionVery Profitable Spa and Tanning Salon, Price $120,000.00 A very profitable company for a low price offering multiple personal care services. This business is located in a very active strip center that lost many of its tenants in the down turn of 2008 through 2010. The owner of the center was able to get L.A.Fitness to open a large, very nice gym in Jan. of 2012. At the same time they did a complete renovation of the center and attracted new tenants including Christo s Restaurant, Starbucks, Cleaners and Dollar Tree. This has led to the sales climbing above the level they were before the down turn. The owner of the company uses Constant Contact software and they have over 2,000 customers in their data base. They offer 11 high end tanning beds, red light rejuvenation therapy ( 1 bed ), airbrush spray tan system, and retail sales of lotion and spa products. They also rent out a dedicated room to a licensed cosmetologist that preforms hair cut/trim, waxing, facials and massage. 


Detailed InformationInventory:Included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: The facility is 2100 sq. ft., the rent is $2,750 per month and the lease is up in April 2014. The company owner is currently in negotiations with the landlord for a 5 year lease with no increases in rent for the duration and with the landlord contributing funds for renovating the stores interior.Financing: 20%Support & Training: 2 weeks with 0 compensationReason for Selling: Retirement

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