MergerPlace

Big Profit - Absentee-Passive ownership

New Mexico


  • Asking Price: $50,000
  • Gross Income: $262,000
  • Cash Flow: $109,000
  • Real Estate: $3,200
  • Inventory: $2,500
  • FF&E: $150,000
  • Listing ID: #201485
  • Established: 2003
  • Employees: 4

Business Description

Make big money as an absentee owner while having fun and the opportunity to grow. The business makes money, 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 absentee ownership metro Atlanta, where there is considerable population growth.

The business started in 2003 and the owner now wishes to phase out of the tanning industry as he devotes time to
other unrelated business interests.

2012 Sales $262,000
2012 Cash Flow $109,000
2013 projected increase!

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 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: Five Years starting January 2009, with renewal option possible.

PURCHASE PRICE AND TERMS OF SALE

Asking $279,000
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.

This listing is provided by capital partners, the price you see above of $50,000 is the minimum cash down payment, in addition to that capital partners will retain a % of sales if you buy the business, capital partners are a free service to all sellers. The original asking price is $279,000.

Only the minimum down payment is $50,000. Capital Entrepreneur partners will retain a % of ongoing sales and will help you attain financing and specialize in buyers with awful credit, we also have several other business listings you may be interested in.


Business Details

Primary Business Category: Services - Other Services
Location: New Mexico

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $50,000
Gross Revenue: $262,000
Cash Flow: $109,000
EBITDA: $109,000
FF&E: $150,000
Inventory: $2,500
Real Estate: $3,200
Seller Financing Available: Yes

Contact Business Seller

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Business Listed By:

Adam Co

self employment partners