Salon & Spa Real Estate Absentee Owner
Location Georgia,United States
Asking Price Range < $250K
Gross Revenues $60000
Net Profit / Cash Flow $5000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 4 - 5
Inventory 45000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Smooth transition will be included.
Reason for Sale Owners are not active in the business, and want to pursue other interests.
Description This is a very attractive Salon & Spa for sale is located in a growing Northwest suburb of Metro Atlanta. The business is unusual in that it is located in a new 500 home community. The customer base is growing and loyal to their neighborhood. The shop is collecting an e-mail data base of all clients. They have a very nice web site and have developed advertising and marketing collateral. Current Cash flow covers all operating and employee expenses, but it does not include rent or mortgage payments. New owner operator would have to grow business by providing services to cover additional debt service for purchasing the real estate. Estimated at about $800 per month.
New 1,100 sq. ft condo building located in a protected community. Includes comfortable waiting room, retail space for gifts, jewelry, wigs, and personal care products, spa/massage room, hair wash area, 4 stations and a laundry/break room. Seller is willing to do significant seller financing for a qualified buyer. With $50,000 down, seller would finance balance of purchase price. Real Estate is valed at $140,000.
Asking $159,000. Call Ron Yurick at 770-667-2475.
Click Here To Contact Seller
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