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Young business in a booming industry!

Peachtree City, GA
Welcoming Lobby
Welcoming Lobby
Asking Price:$75,000
Inventory:$5,000
FF&E:$110,000
Gross Revenue:$275,000
Rent:$6,187/Month
Established Year:2021
Listing ID: 2224174Listing provided by BizBuySell
BUSINESS DESCRIPTION

All this business needs is YOU!

We are franchisees in a 10 year old system. We have owned as many as 6 locations. Overall, we have done well in this system, however, we are absentee owners and we lost the leadership in this region. The health and wellness industry has been exponentially growing since the pandemic and this franchise has been working to capitalize on the success of self-care and the importance of physical and mental health. This is being sold as a turn-key business. All of the equipment, furniture, and inventory come with it. It is all approximately 2 years old and everything inside is beautiful and in great shape. We simply do not have the time to grow this business in the way an owner/operator could. We need to move on and our loss is your gain. You can enter this business at approximately 6x less than the cost to build new.

DETAILED INFORMATION
Location
Peachtree City, GA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
01/07/2031
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The majority of the equipment is 5 salt water float pods each with its own individual filtration system. Additionally there is furniture throughout the spa and all necessary electronic equipment to run the business
Competition
Competition is limited in the floating industry and the market continues to grow. Hopefully the brand will expand services in the future as well, creating an opportunity to introduce even more people to this industry and this particular business.
Growth & Expansion
Expansion possibilities include new services that will attract new clients. There is also the potential to add more locations through the metro Atlanta area, specifically in Newnan which is where we would have gone next. The membership base is currently very low and for anyone who lives in the area or has the ability to market and establish grass roots and business to business connections, the ceiling is very high at this location.
Support & Training
We would be able to offer shadow shifts where you could come in and follow our staff and management. After closing, we can offer 10 days of hands on support from current management. There is extensive training online through the franchise and there are people at corporate designated to help with new owners, new management and continuous training and follow up.
Reason for Selling
We are not local, we do not know this community well and we do not have the time
Franchise
This business is an established franchise
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Timothy Scott
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Timothy Scott
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